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Recession Alert! Philly Fed Business Survey Slumps To Worst Since The Great Recession Of 2008/2009 As Fed Retreats
Confounded Interest ^ | 04/20/2023 | Anthony B. Sanders

Posted on 04/20/2023 6:41:40 AM PDT by Kaiser8408a

Well, it is not always sunny in Philadelphia.

The Philadelphia Fed Business Survey just crashed and burned to the worst reading since The Great Recession of 2008/2009.

Alarm! The Fed is expected to raise rates two more times before capitulating and lowering rates … again.

Between Biden’s “Reign of Error” and The Fed, I feel like I am living in the horror flick “Cabin In The Woods.”

The Biden Administration and Fed Board of Governors.

(Excerpt) Read more at confoundedinterest.net ...


TOPICS: Business/Economy; Food; Government; Politics
KEYWORDS: biden; congress; fed; recession
Biden and The Fed are destroying the country.
1 posted on 04/20/2023 6:41:40 AM PDT by Kaiser8408a
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To: Kaiser8408a

We are currently recession-proof. Biden is a Democrat.


2 posted on 04/20/2023 6:44:58 AM PDT by ClearCase_guy (“You want it one way, but it's the other way”)
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To: Kaiser8408a

They need to call off the dogs.

My economic activity meter (my commute from Rowlett to downtown Big D) has had two noticeable resets DOWN.

First Monday of May ‘22 and April 3 this year.

We went into recession Q2 ‘22. It got worse Q1 ‘23.


3 posted on 04/20/2023 6:47:06 AM PDT by L,TOWM (An upraised middle finger is my virtue signal.)
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To: Kaiser8408a

BidenDepression 2023

2008 is coming again


4 posted on 04/20/2023 6:47:57 AM PDT by SaveFerris (Luke 17:28 ... as it was in the days of Lot; they did eat, they drank, they bought, they sold ......)
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To: L,TOWM

If Mrs. Nurse gets an 8% raise she better expect to pay 8% on a new mortgage.


5 posted on 04/20/2023 6:53:57 AM PDT by Brian Griffin
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To: Kaiser8408a

Old Price $400,000

New Price $300,000

Buyer agrees to pay the Seller any last tax assessment amount above $275,000 upon resale, less assessment increases clearly officially based upon improvements.


6 posted on 04/20/2023 6:58:33 AM PDT by Brian Griffin
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To: Kaiser8408a

Seller interest rate buydowns are possible.


7 posted on 04/20/2023 6:59:43 AM PDT by Brian Griffin
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To: Kaiser8408a

When my buying power is decreased by about 30% by ‘rat inflation, expect a recession.


8 posted on 04/20/2023 7:01:11 AM PDT by Brian Griffin
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To: Kaiser8408a
It is not a recession until Biden and the democrats and media say it is so. Regardless of the numbers!

Follow the math, democrats!

They follow political math only, like they follow political science. It all depends on if it allows them to keep or increase their power.

9 posted on 04/20/2023 7:27:36 AM PDT by Moorings
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To: Kaiser8408a
US Leading Indicators
10 posted on 04/20/2023 8:19:05 AM PDT by DannyTN
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