Monday, November 12, 2012

From Bad to Worse

Click to enlarge.

Source Data:
St. Louis Fed: Median Duration of Unemployment


Stagflationary Mark said...

I nearly named this post...

When "Sure Things" Break

The data was following that blue trend line extremely predictably right up to the point it wasn't.

Mr Slippery said...

That's exactly how a complex system is supposed to break. Everything seems stable for a long time, stresses build up, then the catastrophe.

Here are more examples:
Volcanic Eruption
T-bill rates?

Who knows?

Stagflationary Mark said...

Mr Slippery,

Camel's back! ;)

I think T-Bill rates will show surprisingly strong resilience for at least a few more recessions.

Just an opinion!

Jazzbumpa said...

Look at the raw data.

It's the damned Loch Ness Monster.


Stagflationary Mark said...


Damn it! Gridlock-ness Monster! ;)