The forecast for unemployment is that it will rise slightly from its current rate of 4.2% to 4.3% by year-end of 2025. Thus, there is no expectation of a hard landing. However, if unemployment doesn’t ...
Further divergencies from the seemingly strong macroeconomic data are found in consumer loan delinquencies. Credit card and auto loan delinquencies have spiked upward, and along with those, so have ...