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4m-RUIN: The most simple recession indicator in the world | The Market Monetarist
https://marketmonetarist.com/2024/08/07/4m-ruin-the-most-simple-recession-indicator-in-the-world/
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On Friday, the headlines were flashing: “Sahm rule triggered”. The reason was that with the US unemployment numbers for July coming out at 4.3%, the 3-month moving average was now 0.5 p…