Bitget App
Trade smarter
Open
HomepageSign up
Bitget>
News>
Analyst: Non-farm data proves that Sam's rule has failed

Analyst: Non-farm data proves that Sam's rule has failed

Bitget2025/01/10 14:07

On January 10, analyst Chris Anstey stated that with the unemployment rate returning to below 4%, we can now confidently say that the "Sam's Rule" triggered in July was a false signal. This rule states that when the average unemployment rate over three months rises at least 0.5 percentage points from its low point in the past 12 months, it indicates the beginning of an economic recession. Half a year has passed, and as unemployment rates are falling, there are no signs of economic recession. It turns out this was not an accurate signal.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
PoolX: Earn new token airdrops
Lock your assets and earn 10%+ APR
Lock now!

You may also like

Trending news

More
1
Nansen: A certain exchange's Ventures earned nearly $5.9 million in the past 7 days
2
Security Alert: Approximately $90,000 lost on Base chain due to "transferFrom" vulnerability

Crypto prices

More
Bitcoin
Bitcoin
BTC
$115,899.45
+0.12%
Ethereum
Ethereum
ETH
$4,673.44
-1.10%
XRP
XRP
XRP
$3.1
-0.40%
Tether USDt
Tether USDt
USDT
$1
-0.00%
Solana
Solana
SOL
$247.63
+2.28%
BNB
BNB
BNB
$941.8
+1.69%
USDC
USDC
USDC
$0.9997
-0.01%
Dogecoin
Dogecoin
DOGE
$0.2886
+1.43%
TRON
TRON
TRX
$0.3516
-0.87%
Cardano
Cardano
ADA
$0.9203
-0.82%
How to sell PI
Bitget lists PI – Buy or sell PI quickly on Bitget!
Trade now
Become a trader now?A welcome pack worth 6200 USDT for new users!
Sign up now
Trade smarter