‘Davidson” submits:
The current US Unemployment Rate is 6.7% and falling sharply. The history of the Unemployment Rate vs Recession Periods shows that at the current level of unemployment in previous economic cycles the US economy was well along in the recovery process. The benchmark 6.7% Rate Trend Line is provided to indicate a comparison with previous recession periods shown by gray columns.
We have had many robust periods of economic activity with the current level of unemployment as long as unemployment was in a downtrend. Investors who do not have this perspective are missing the wholesale number of current investment opportunities that are available.
