Posted on 02/06/2023 2:17:27 PM PST by SaxxonWoods
A recession is 2 fiscal quarters in a row of negative growth.
We’re already in a recession.
Don’t let the bullcrap artists fool you by attempting to change the language.
The war is definitely having an effect, and complicating everything. Wars usually push economic activity, yes. There are many forces pushing in various directions at present, they may just bring about a choppy period of low-to-no growth for a year or more. It has happened before.
I was really hoping to go right into recession quickly and get out quickly. That’s doesn’t look likely at all now. We could be in for a boring year or two, economically speaking. There will be plenty of excitement on other fronts.
I know that’s what you want but I think you are going to be disappointed. We’ll see.
MSN is just regurgitating what the Bond Market is saying.
If you disagree with the take, your argument is against the Bond Market guys who are pros and run $billions into profits or get fired. That’s why they have the best economic prediction record of anyone.
It’s not MSN, it’s the Bond Market. MSN couldn’t pour piss out of a boot.
Good luck with the car. We have a local neighborhood site where people trade info on locals who fix things at reasonable prices. Maybe there’s something similar in your area, it’s a common thing.
You are welcome to be in as much recession as you like.
And if you think this is a recession, you really won’t like next year. BTW, that 2 quarters negative is only half of the recession indicator. High unemployment is the other.
There are probably small shops that could fix another.
What a pain in the neck.
Like a Hillary speech.
High yield spreads are saying no recession, but the yield curve is telling recession.
You need what we used to call a ‘shade tree mechanic’ in the old days. Depends on the car these days, some are too modern for those guys to deal with. I’ve got a busted taillight lens I was able to tape together and get away with for now. I can afford to fix it but as you know, getting anything done is a PITA these days.
“When is the last inflationary period that wasn’t followed by a recession?”
Too ignorant to know that. Wikepedia says ‘recession’ doesn’t have an exact mathematical definition.
We might avoid a recession because employment, wages and GNP behaviors don’t cause the economists declare a recession.
We’ll keep working, wages and GDP won’t decline. The big shots will be richer.
The experts and politicians will brag that they guided us away from a recession, but the average citizen will be poorer because the buying power of his wages and savings has diminished.
Yelling
We are entering the The Weimar Republic phase...
Strength in the bond market is because central banks are buying all of the debt. As long as they keep this up, expect a major market rally to begin any time.
I think a recession is a given, and it doesn’t matter when people think it began or whether it has. There will always be recessions, it’s a normal cycle.
I just want to predict when it will end and I need 6-9 months lead time.
Bovine scat
...look how well covid worked.
“We are entering the The Weimar Republic phase...”
Thankfully, we are not even close to that but I can see why people might think that way.
Thanks, same to you, heh.
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.