When the trucking employment started falling, recessions came out. Is it a coincidence? 🤔 I don't think so. Before falling the employment, corporates have a lot of inventory. So, they don't need to use much trucking services, which means consumers spend less money to buy products.
Well, in 2015, the employment collapsed. But, a recession didn't occur. Now, it's decreasing. Will markets avoid the next recession? I hope so. But, there are still lot of noises about the next recession.
Now, I get the reason why the rich tends to diversify their investment portfolio with respect to hedging against risks. I hope that we encounter the Goldilocks
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Interesting
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