Quote:
Originally Posted by WestRace
Background:
https://www.thebalance.com/inverted-yield-curve-3305856
So where is the bubble this time? Unemployment is about 3.7%. Are there a lot of zombie companies out there hiring people just for the heck of it? Is 3.7% historically un-normal? It's like you're forcing companies to hire that they naturally would not.
I still think stocks are still a bit too expensive. |
I don't think we can judge the economy by unemployment anymore. There are too many part time jobs where in reality you don't count as an employee but you do for the unemployment formula. Uber, amazon drivers, you-tubers, etc... There are for sure a lot of people making a living out of these, but there are also a good amount that are below minimum wage. If you are driving for Uber while trying to find employment, should that count as employed?