In November 1982 the unemployment rate hit a peak of 10.8%. Stocks rose 20% over the next 12 months.
This time? Follow the link to my Seeking Alpha article: “This Market to Workers: ‘Welcome to the Jungle’” published September 21.
And for even more links and analyses, follow the links to my Instablog posts below.
Seeking Alpha, “This Market to Workers: 'Welcome to the Jungle'” https://seekingalpha.com/article/162435-this-market-to-workers-welcome-to-the-jungle
“High Unemployment for Years. Do Stocks Care?” https://seekingalpha.com/instablog/470613-low-sweat-investing/35920-high-unemployment-for-years-do-stocks-care
“The Job Market According to Darwin” https://seekingalpha.com/instablog/470613-low-sweat-investing/30056-the-job-market-according-to-darwin
“Job Market: Darwin Returns,” https://seekingalpha.com/instablog/470613-low-sweat-investing/33746-job-market-darwin-returns