Part 11/11:
The cumulative evidence from multiple data sources paints a clear picture: the U.S. economy is undergoing a significant contraction that mainstream narratives and markets have largely failed to acknowledge fully. The flattening of the beverage curve, rising delinquencies, and widespread layoffs indicate that the labor market has already shifted into a recessionary phase.
As the next steps unfold—more layoffs, further credit deterioration, and declining consumer confidence—they will expose the limits of overly optimistic economic models and assumptions. In this environment, understanding these underlying signals is vital for stakeholders to prepare for the challenging road ahead.