Dear Readers, for your Sunday thinking we want to offer 40 slides. You will be able to get through them rapidly. They depict four time periods and show a color-coded, non-smoothed illustration of two decades of expansions and two decades of contractions in the US economy, with various components of the US labor force. Note the huge dramatic portrayal of the COVID shock and subsequent recovery (so far). We are using a version of a Beveridge curve depiction.
View slides here: https://www.cumber.com/pdf/Beveridge-Curves-Covid_May-2021.pdf
Have a thoughtful Sunday.
-David
David R. Kotok
Chairman of the Board & Chief Investment Officer
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Cumberland Advisors Market Commentaries offer insights and analysis on upcoming, important economic issues that potentially impact global financial markets. Our team shares their thinking on global economic developments, market news and other factors that often influence investment opportunities and strategies.
