Is the U.S. Labor Market Showing Resilience?

The video discusses the threat of stagflation, characterized by rising core costs and slowing real growth. It highlights the impact on the U.S. economy, including slower job creation and weaker profits. The discussion extends to corporate challenges due to higher labor costs and the potential for recession if inflation continues to rise. The video concludes with an analysis of market trends, noting the stagnation of the SNP and the implications for future economic recovery.

Discuss the implications of rising core inflation on real purchasing power and consumer behavior.

What historical context is provided regarding the performance of the stock market during economic recoveries?

How does the discussion characterize the current state of the economy in relation to potential recessions?