The Layoffs Have Started

By Jeffrey P. Snider of Eurodollar University

Chief Investment Strategist • Jul 3, 2023 at 7:58 PM EDT

A decision has collectively been made on the second half rebound.

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The manufacturing recession has reached its critical point where producers have to decide to keep workers or start laying them off. Unemployment is now rising because the second half economic rebound just isn't happening. Instead, work is disappearing as new sales fail to materialize forcing companies worldwide to make their choice.

Video Length: 00:18:13

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Disclosure:

This material has been distributed for informational purposes only. It is the opinion of the author and should not be considered as investment advice or a recommendation of any particular security, strategy, or investment product. Investments involve risk and you can lose money. Past investing and economic performance is not indicative of future performance. Alhambra Investment Partners, LLC expressly disclaims all liability in respect to actions taken based on all of the information in this writing. If an investor does not understand the risks associated with certain securities, he/she should seek the advice of an independent adviser.

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