Analysts are warning about troubling signs of a slowing U.S. economy. Research platform Game of Trades highlighted four key indicators: 1. A 20% increase in initial jobless claims. 2. A decline in job availability for the workforce. 3. The longest inverted yield curve since 1929. 4. A mismatch between economic indicators and market performance; for instance, despite rising unemployment claims, the S&P 500 has risen about 15%. These patterns mirror those preceding past recessions. Some analysts predict a recession could occur in the second half of 2024, following peaks in stock and crypto markets. Investors are urged to prepare for a possible downturn.
Source: Finbold.com
