Is recession looming? On “Stocks in Translation”, Jay Woods, chief global strategist at Freedom Capital Markets, discusses the Sahm Rule’s role as indicator and how it could influence Federal Reserve decisions. He goes on to say other factors, such as the labor market and inflation, may spur a Fed rate cut in September.
Woods shared his insights with Yahoo Finance’s Jared Blikre and Sydnee Fried on "Stocks in Translation." Listen to the full episode here, or wherever you get your podcasts.
This post was written by Jimi Corpuz