‘The damage has already been done’: A 31-year market vet shares 3 pieces of evidence that the labor market is about to collapse, sending the economy into recession and the stock market spiraling

• Jon Wolfenbarger believes a recession will unfold in the months ahead.
• He said yield curve steepening and NFIB data show rising unemployment is coming.
• Wolfenbarger is the founder of BullAndBearProfits.com.

The October jobs report released last week wasn’t great.