gotomars

Covid Depression 2020 reached point of no return? URATE at 14%.

FRED:UNRATE   Civilian Unemployment Rate
The Awesome Oscillator (graph below) went from negative to positive this month (MAY 2020). The last two times this happened in 2001 and 2008, recessions hit the US and the world economies were shacked. Is this the starting point of the downward acceleration spiral?
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