Headlines from Across the MAP
Jul 07, 2022The U.S. economy has experienced 12 recessions since World War II, and each one included two features: Economic output contracted and unemployment rose. Today, something highly unusual is happening. Economic output fell in the first quarter and signs suggest it did so again in the second. Yet the job market showed little sign of faltering during the first half of the year. The jobless rate fell from 4% last December to 3.6% in May.
- Visual Capitalist: "Interest Rate Hikes vs. Inflation Rate, by Country"
- Advisor Perspectives: "The Decline of Fossil Fuels Is Going to Be Expensive"
- Market Watch: "‘There seems to be little relief in sight’: More than half of Americans are living paycheck to paycheck, making them more vulnerable to recession"
- Palladium: "Why America Can’t Build"
- The Atlantic: "How McKinsey Destroyed the Middle Class"
- A Wealth Of Common Sense: "Has the Consumer Ever Been More Prepared for a Recession?"
- Adam Tooze: "Under the hood of the power dynamics of inflation"
- The Wall Street Journal: "If the U.S. Is in a Recession, It’s a Very Strange One"
- Factor Research: "Factor Olympics Q2 2022"
