Jobs, Wages or Billionaires: What Makes a Recovery?

The transcript discusses the uneven distribution of economic growth and the complexities of defining economic recovery. It highlights the importance of part-time employment, the EU 6 unemployment rate, and wage growth as indicators of labor market health. The conversation also touches on the challenges investors face due to a lack of clear indicators for risk assessment, particularly in the context of bond yields and market liquidity.

How do you define an economic recovery?

What are the three indicators mentioned that signal the state of the labor market?

What does the EU 6 unemployment rate include?

What is the significance of the bond yield in assessing risk?

What challenges are presented by the current economic distortion?