The headlines over the last few years have been very, very negative when it comes to the stock market and overall U.S. economy. Based on the National Bureau of Economic Research’s (NBER) recession criteria, we aren’t close to having one.
Join Carson Group’s Chief Market Strategist Ryan Detrick and VP, Global Macro Strategist Sonu Varghese as they go through the NBER’s six criteria, including:
- Employment labor market data – which includes payroll and unemployment rates
- The household sector – including consumption and income
- Business sector – which includes trade/sales and manufacturing
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