By Lambert Strether of Corrente.
Fowl Tune of the Day
Clamorous Reed Warbler (Brown), Buak Khang paddies & scrublands, Chiang Mai, Thailand. Clamorous certainly!
* *...
Nonetheless under threshold:
Determine 1: Actual time Sahm rule indicator (blue), and 0.5% threshold (pink dashed). NBER outlined after peak to trough recession dates...