Time for another US recession: is there a killer on the loose?

A James Alexander post

Every time I see the chart for US unemployment these days it looks like it is time for the trend to turn.

JA Killer on the loose_1
Economies move in cycles and it sure looks like it’s time for this cycle to turn. Who will kill the current upswing? Well no-one will be responsible, these things are just cyclical, aren’t they?

Or is there a killer on the loose? The little red line is driving someone mad.

JA Killer on the loose_2

Even a well known dove appears to have given up the fight against a December rate rise.