Eventually we will have one. But predicting is different as many found out when they were wrong in 2021, 2022 and 2023. However, if you guess annually, you will win eventually.
Just keep flooding the country with illegal aliens.
Is it harder to have an indicated recession 2Q of negative growth) because of inflation because inflation looks like positive growth?
Karl Denninger fisks the jobs report, and there’s blood and guts all over the floor.
“What y’all smoking over there at the Bureau of Lies and Scams?”
https://market-ticker.org/akcs-www?post=250440
People getting full-time jobs which do not pay enough for them to live on is not a sign of a healthy economy. Sure, they can bundle up with two or three roommates and get by. Or maybe they can live with their parents. There is no middle-class in that scenario and no family formation either. That is what people are sensing.
We do not have a healthy economy at present. Government bleeds too much out of the economy and produces too little in return. Large corporations use government to protect themselves from competition and inhibit new businesses which might be more productive. The takers outnumber the makers.
The reason low unemployment precedes recessions is that low unemployment triggers the Fed to start raising interest rates. However, at the moment the Fed is at the END of a rate hiking cycle, and may be on the verge of CUTTING interest rates.
Thus the stupid fools who post about economics here mislead another crop of investors.
Is it harder to have an indicated recession (2Q of negative growth) because of inflation?