Has The US Labor Market Turned The Corner?
It is too early to say that the US labor market has turned the corner. We assign a 60% chance that the US will enter a recession over the next 12 months, with the downturn likely to begin in the first half of 2025. Accordingly, investors should underweight equities.
Interested in reading this report?
To access the full BCA Research report, request a complimentary copy
BCA Research | Global Investment Strategy
As BCA Research’s flagship publication, the Global Investment Strategy service provides macro-based investment recommendations across all asset classes, geographies, and time horizons.
Stay Connected with BCA
Get our latest events and research insights delivered to your inbox.