I was in a conversation today with a local banker who said he believed the Federal Reserve lowering the interest rate last week was, indeed, tied to the recent emergence of the “inverted yield curve,” which is often the harbinger of a recession. He said the volatility of the markets tied to the evolving trade war is a major concern. What’s more, and this is not often talked about in economic circles, or at least not talked about enough, is that, yes, there is an extremely low rate of unemployment. However, conversely, this gives a distinct advantage to laborers, who in turn, are often demanding higher wages. While this, indeed, is good for the workers, reciprocally, it sometimes hurts business owners — with this equation also rippling into the economy.