Part 3/10:
Economic Context: A Discrepancy in Perception
There is a disconnect between the perceived health of the U.S. economy and the realities revealed by labor data. Financial participants are increasingly skeptical of claims regarding a resilient economy. The labor market data indicates troubling signs of ongoing weakness, which has raised alarm bells among market observers.
For instance, the latest labor market survey showed a significant decline in employment and a continual drop in the labor force. In November, more than 350,000 jobs were lost, following a similar trend in October. The adjusted unemployment rate climbed to approximately 4.78%, contradicting the official narrative that positions the economy as strong and stable.