The blue dot is about the time the Stimulus passed, it actually should be a little to the right.
So, if you carry the trend line July 08, to January 09; we would be approaching or above 20% unemployment. That would be bad, right?
I expect after the November 3rd elections, companies will start hiring for the Holidays. That will put money in people's pockets, which will increase spending after the holidays. I am optimistic for next year.
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