Back to notes
How did job market data as of September 2023 reflect a possible soft landing scenario?
Press to flip
With an unemployment rate at 4.1% and high non-farm payroll additions, the job market data mirrored conditions seen in prior soft landing years.
How did Bravo Research's trading strategies perform in 2024?
Their strategies resulted in an average profit of 177% per trade.
As of September 2023, what was the unemployment rate in the US?
The unemployment rate was reported at 4.1%, down from 4.2% in August.
Which years are considered successful soft landing examples in the US economy?
The years 1995, 1984, and 1967 are considered successful soft landing examples.
What correlation exists between credit conditions and the economy's performance?
Tighter credit typically leads to an economic slowdown, while looser credit promotes growth.
What alignment was observed in the stock market as of September 2023?
The stock market reached all-time highs, aligning with strong job market data and reflecting prior soft landing conditions.
Which Federal Reserve chairman is associated with the discussion of a soft landing in 2007?
Ben Bernanke.
How does the National Bureau of Economic Research (NBER) primarily indicate a recession?
The NBER looks primarily at the unemployment rate as an indicator of a recession.
Why are 'soft landing' news mentions historically significant?
Spikes in mentions of 'soft landing' in the media have been observed before economic downturns like the 2001 recession and the great financial crisis.
What historical event is cautioned as a potential misleading signal by strong job and market data?
The 2008 recession, which followed strong job numbers and market highs in October 2007.
What was the job addition to the non-farm payroll in September 2023?
254,000 jobs were added, contributing to a record high employment level.
What is a 'soft landing' in the context of the US economy?
A scenario where the Federal Reserve raises interest rates but then lowers them to avoid a recession and significant unemployment increases.
What is the expectation for unemployment until July 2025?
Unemployment is expected to rise until July 2025.
Describe the trend of credit conditions as of late 2023.
Although credit was observed to be tighter, current trends indicate it is becoming looser.
What happens typically after the Federal Reserve raises interest rates?
Historically, a recession tends to follow shortly after the Federal Reserve raises rates.
Previous
Next