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PPLC - U.S. Unemployment Rate Up - This Is Good News
PortfolioPlus S&P 500 ETF
When's the Fed going to kill the expansion?
Given that it's all so long ago, it's a bit of a struggle to remember what actually causes most recessions. That being that the Federal Reserve deliberately creates them.
The reason it's so long ago is that we're at the end of a decade and more of expansion; the recession before that was the only post-WWII one definitely caused by the Fed. So, it's half a lifetime ago that the Fed did cause one. Even though it's still by far the most common cause of a recession,