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This reliable indicator of recession has yet to buckle, and so the Fed won't either, strategist says

Por: MarketWatch Politics November 01, 2022

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Keith Wade, chief economist and strategist at U.K. fund manager Schroders, says there’s one thing missing. “In many ways corporate behaviour has been puzzling this year as the consequence of slower growth and rising employment has been the weakest productivity growth on record,” he says. But, outside of the tech sector, there just hasn’t been much talk of layoffs. “In our view firms have only been able to tolerate weak productivity and... + full article



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