zerohedge.com / by Tyler Durden / Jun 3, 2017 3:09 PM
Submitted by Eric Hickman of Kessler Companies
We have begun to see the ‘event-horizon’ (Lance Roberts) of an economic slowdown in several indicators. Adding to that, and counter-intuitively perhaps, an unemployment rate this low (4.29%) is a signal to run-away from Stocks and run-to Treasuries.
Historically, unemployment rate lows have occurred at, or very near-to, market inflection points preceding recessions (see green and red hash marks in chart below). The unemployment rate just released on 6/2/2017 at 4.29% is now just below the average unemployment “entry prior” to recessions over the last 67 years, at 4.4%.
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