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There's a high probability that if the unemployment rate surges, then the Federal Reserve pivots to FULL Q.E./turns on the money printer in expectation of a Recession, and to prevent an actual Economic Depression.
This X post says that "mega layoffs" will start in 18 months.
At a recent dinner I met a very senior engineer at one of the Big Four tech cos.
His team develops tooling for a 0-engineer future.
They're not allowed to tell anyone internally what they're working on to avoid mass panic. He figures mega layoffs start in 18 months.
https://x.com/corbtt/status/1927821116057309685Recession may come sooner than expected so we all should just be prepared if it does happen no matter what the extent of it. Learn which assets would be the safest to invest in and hold during these times. Even if there’s a risk of losing your job, we should have savings and investments and other skills to use so we can be prepared no matter what happens. Life is unpredictable so better prepare for anything we can.