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Question #2 for 2024: How much will job growth slow in 2024? Or will the economy lose jobs?

Calculated Risk

2) Employment: Through November 2023, the economy added 2.6 Or will the economy lose jobs? The bad news - for job growth - is that a combination of a slowing economy, demographics and a labor market near full employment suggests fewer jobs will be added in 2024. Or will the economy lose jobs? million jobs in 2023.

Economy 298
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Question #1 for 2023: How much will the economy grow in 2023? Will there be a recession in 2023?

Calculated Risk

1) Economic growth: Economic growth was probably close to 1% in 2022 as the economy slowed following the economic rebound in 2021. How much will the economy grow in 2023? The other two times were in early 2007 (housing bust), and in March 2020 (pandemic). I'm adding some thoughts, and maybe some predictions for each question.

Economy 278
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Can Anyone Catch Nokia?

The Big Picture

” It was posted online October 26, 2007 — 15 years ago today. In 2007, the very same year of the Nokia Forbes cover, Apple rolled out the iPhone; not long after, the decline of Nokia’s mobile phone business began. Forbes, Oct 26, 2007. Or, they were simply unable to make the turn. Predictions and Forecasts.

Economy 364
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Question #1 for 2024: How much will the economy grow in 2024? Will there be a recession in 2024?

Calculated Risk

How much will the economy grow in 2024? A year ago, I argued that "the economy will avoid recession" in 2023, even though some key indicators suggested a possible recession, the FOMC was forecasting an employment recession, and many Wall Street analysts were forecasting an economic recession. Or will the economy lose jobs?

Economy 200
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Farewell, TINA

The Big Picture

However, they are significant — and rising rates this year have been a headwind for both equities and the economy. Alas, today’s inflation is 1) not like that of the 1970s; 2) the economy is nothing like the 1980s double-dip recession; and 3) Jerome Powell is no Paul Volcker. 1 and 2 are good, I suspect 3 is problematic.

Economy 312
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Friday links: what wealth provides

Abnormal Returns

Markets The spread between the 10-year Treasury and the dividend yield on the S&P 500 is at its highest level since 2007. wsj.com) Economy The Fed won't stop until they are convinced inflation is dead and buried. capitalspectator.com) A successful restaurant IPO doesn't imply a green light for big VC-backed tech IPOs.

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Countertrend ?

The Big Picture

When we look at the past century, we can see decades-long eras where the economy is generally robust, supporting markets trending higher, with expanding multiples. The alternate periods of time are Secular Bear Markets: The economy is fraught with weakness, poor consumer spending, and negative job growth.

Economy 328