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Labor Market

Sweden Will Cut The Gordian Knot…

Our negative stance on European growth and assets is not devoid of risks. To gauge whether these risks warrant upgrading our growth outlook, we monitor Sweden closely. So, what is the current message from this Nordic economy?

The great US labor market shortage is over. Labor demand will likely fall short of supply by the end of this year, causing unemployment to soar. Neither fiscal nor monetary policy will be able to prevent the coming recession. Investors should underweight stocks and overweight Treasuries.

Payrolls Get Largest Downward Revision Since 2009…
Sound Household Balance Sheets Won’t Save The Eurozone…
Recession Call Intact Despite Easier Financial Conditions…
Ebbing Inflation Keeps BoC Easing On Track…
Back To Square One Back To…
Structural Drivers Of Real Interest Rates…
Don’t Dismiss The LEI Just Yet…