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We all knew that parabolic trends were never sustainable in the first place. This is all perfectly natural. There is nothing to see here. Please disperse.
Source Data:
St. Louis Fed: College Graduate Unemployment Rate
Schedule for Week of December 22, 2024
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Happy Holidays and Merry Christmas!
The key economic report this week is November New Home Sales.
*----- Monday, December 23rd -----*
8:30 AM: *Chicago Fe...
3 hours ago
2 comments:
Great to see a new parabolic trend failure. Thanks!
Fred
Hey Fred!
Parabolic trend failures are, of course, an acquired taste. Not everyone would feel as you do, like say, unemployed college graduates aged 25+, lol. Sigh.
Gallows humor. My girlfriend is unemployed. She's a college graduate. D'oh!
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