Not Shaken, Not Stirred

I have been receiving quite a few emails of late regarding the “blown” recession call and that it may be time for me to embrace the “Goldilocks” economy where the business cycle has emerged as a relic from the past. Many folks are quoting Claudia Sahm as saying that she is not at all fussed about the fact that her own labor market “rule” has already flashed the recession signal.