"Stock Market Crash: 3 Clear Signs of an Impending Recession"

Jon Wolfenbarger, a market veteran, believes that the labor market is on the verge of collapse, leading to a recession and a stock market downturn. He points to three pieces of evidence: shrinking employment growth, a steepening yield curve, and pessimistic hiring plans by small businesses. Wolfenbarger warns that the unemployment rate is likely to rise soon, causing stocks to fall further. While some economists have revised their recession calls, indicators such as tightening lending standards and growing bankruptcies among small businesses suggest a downturn may be ahead.