The Jobs Report – One of the first things one learns when studying for beginning financial exams is the difference between a leading indicator, a coincident indicator, and a lagging indicator. In general, the stock market is considered a leading indicator of economic activity. What is the jobs report? A coincident indicator. So, with this in mind, does anyone think today’s jobs report is giving us the signal that U.S. economic activity has peaked (i.e. a recession is on the way in)? Here’s a look at today’s figures. Looking at the Month-over-Month Picture The commonly quoted figure is the month-over-month…
The Jobs Report – Anyone Think It Is Giving Us A Peak Signal (i.e. A Recession Is On the Way In)?
Harrison Roger
Roger is an economic adviser and active angel investor. He owns various economics firms. His work allows him a diverse group of clients across the globe, including the United States, Europe, and Asia. He holds a Ph.D. in business economics.
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