<U.S. Recession Detection Indicator: LEI Index (Leading Economic Index)>
$BTC #recession

1. A lot of people have been talking about the economic recession recently. ⤵️

2. The reason I mention the recession is because the unemployment rate actually rose to 4.3% as the ‘Rule of Three’ came true 🥹

3. However, the current unemployment rate is still significantly lower than other economic recessions. 🔥

4. The news makes a lot of fuss... will it really happen? 🤔

5. The LEI index, a leading economic indicator that predicts economic recessions, reported in July:

“The LEI’s six-month growth rate has become less negative, turning off recession signals.” 😎

6. Many people definitely tend to get caught up in just one thing, but I think that if you only look at the economy and invest, you will surprisingly become more biased.

7. Of course, it is true that investment in NASDAQ is still skeptical (this was said before there was talk of a recession → check the content on 7/22) 🚀

Good luck to all crypto investors! 🍀#