Premium Only Content

Recession Looms as Risks Rise, But Labor Market Holds—Claudia Sahm: We're Not There Yet, But Close
In an insightful interview, Jeremy Szafron, Anchor at Kitco News, speaks with Claudia Sahm, founder of Sahm Consulting and chief economist at New Century Advisors, about the current state of the U.S. economy. Despite the Sahm Rule being triggered, Sahm explains why she believes the U.S. is not yet in a recession. She delves into the complexities of the labor market, consumer spending trends, and the Federal Reserve’s policy decisions. Sahm offers critical insights into the rising unemployment rate, the potential effects of increased labor force participation, and what actions the Fed should take to prevent an unnecessary recession. Tune in for expert analysis on navigating these economic challenges.
Follow Jeremy Szafron on X: @JeremySzafron (https://twitter.com/JeremySzafron)
Follow Kitco News on X: @KitcoNewsNOW (https://twitter.com/kitconewsnow)
Follow Claudia Sahm on X: @Claudia_Sahm (https://twitter.com/Claudia_Sahm)
00:00 - Introduction
02:00 - Welcoming Claudia Sahm
03:30 - Explaining the Sahm Rule
05:45 - Why the Sahm Rule Triggered but No Recession Yet
08:20 - The Role of Consumer Spending and Income
11:15 - Labor Market Dynamics and Unemployment
14:00 - Impact of Increased Labor Force Participation
17:25 - Federal Reserve's Policy Decisions
20:10 - Risks of an Unnecessary Recession
23:00 - Future Economic Projections
26:40 - Closing Thoughts
#KitcoNews, #JeremySzafron, #ClaudiaSahm, #USEconomy, #Recession2024, #EconomicOutlook, #FederalReserve, #SahmRule, #Unemployment, #GDPGrowth, #EconomicIndicators, #LaborMarket, #ConsumerSpending, #RateCuts, #FinancialMarkets, #MarketAnalysis, #EconomicPolicy, #EconomicForecast, #Inflation, #FiscalPolicy, #MonetaryPolicy, #InterestRates, #Economist, #FinanceNews, #MarketTrends, #Investment, #EconomicTrends, #StockMarket, #FinancialNews
__________________________________________________________________
Kitco News is the gold standard in precious metals, commodities, cryptocurrencies, mining, and financial news.
SUBSCRIBE to our channel to stay up to date on the latest market and industry news.
For breaking news, views, charts, and data on precious metals, cryptocurrencies, and financial markets - visit us at https://www.kitco.com
To get market updates on the go, download the Kitco Gold Live! APP - https://applications.kitco.com
Stay connected:
Twitter - https://twitter.com/kitconewsnow
Instagram - https://www.instagram.com/kitconews
Facebook - https://www.facebook.com/KitcoNews
LinkedIn - https://www.linkedin.com/company/kitconews
StockTwits - https://stocktwits.com/kitconews
Live gold price and chart: https://www.kitco.com/gold-price-today-usa/
Live silver price and chart: https://www.kitco.com/Silver-price-today-USA/
Live crypto market data: https://www.kitco.com/price/crypto/
Learn more about Kitco News: https://www.kitco.com/news/about/
For more information on advertising, sponsorship and marketing promotions – please visit our online media kit at: www.kitco.com/advertising
Disclaimer: The videos are not intended to provide trading advice, and the views expressed do not necessarily reflect those of Kitco Metals Inc. Kitco News, its anchors, producers, and reporters are not responsible in any way for the performance or actions of any sponsor, advertiser or affiliate of Kitco News. In no event will Kitco and its employees be held liable for any indirect, special, incidental, or consequential damages arising out of the use of the content in this video.
-
36:44
Kitco NEWS
3 days agoPhysical vs Paper Gold: Are We Near a System Break? Mint Founder Issues Critical Warning
273 -
3:47:10
SynthTrax & DJ Cheezus Livestreams
1 day agoFriday Night Synthwave 80s 90s Electronica and more DJ MIX Livestream Michael Jackson / AI Art Compilation Edition
39.9K -
1:03:57
Sarah Westall
6 hours agoMara Lago Accord Joins the Fed, Fed Waves the White Flag & more w/ Andy Schectman
22K -
2:44:12
I_Came_With_Fire_Podcast
1 day ago*BREAKING* Special Guest Katarina Szulc
32K5 -
3:22:20
megimu32
6 hours agoOFF THE SUBJECT: FAFO Friday! Bodycams & Mario Kart Mayhem!
21.6K4 -
55:36
Flyover Conservatives
1 day ago4 Strategies to Create Opportunity from Nothing - Clay Clark | FOC Show
27.3K -
1:49
Gaming on Rumble
11 hours agoWhat is the Rumble Creator Program!?!? (Active Premium Creators) | Lvl UP
27.3K2 -
5:56:26
Midnight In The Mountains
8 hours agoGaming w/ PER·SE·VER·ANCE | Midnights Play Fortnite | Split Screen Action!
18.2K2 -
3:56:17
Nerdrotic
10 hours ago $13.80 earnedLet's TACO-bout Take Us North, Hollywood COPE! Cracker Barrel CRACKED! | Friday Night Tights 369
95.2K6 -
1:16:30
RiftTV
8 hours agoHow Blue Light is Turning You Gay | The Rift | Guest: Jack Kruse
32.9K10