🔥ATTENTION🔥
💥INVESTORS are EXTREMELY CONCERNED about the RECESSION in the U.S., but these 2 metrics that indicate RECESSIONS are still HEALTHY
Why do we NOT want a RECESSION⁉️
❌RECESSION causes a HUGE DROP in the markets because COMPANIES EARN LESS and therefore their stocks FALL
❌The average drop of the SP500 during recessions is 30%
What does the FIRST recessionary METRIC say⁉️
🔸Since the last recessions from 1982, ALL unemployment benefit claims have SPIKED
🔸Nowadays, unemployment claims remain stable at healthy levels
🔸This is a key data point that does not support the recession thesis, which is GOOD for the market
What does the SECOND recessionary METRIC say⁉️
🔸The OTHER metric is the manufacturing PMI. It measures NEW orders
🔸When NEW ORDERS/ the PMI FALLS below 50 for a prolonged period, it is a recessionary signal
🔸This metric has a HIGH CORRELATION with #Bitcoin. When PMI RISES,
$BTC RISES
🔸Currently, the PMI is RECOVERING above 50 just like in the bull markets of 2016 and 2020
📍In summary, as long as the PMI keeps rising and UNEMPLOYMENT does not INCREASE, the RECESSION may be DELAYED or even NOT HAPPEN, which is GOOD for the market
#BTC #EEUU #PMI #SP500 #BTC☀