With Joe and Kamala at the helm I think I’ll keep buying canned food. If I can afford it that is.
When is the last inflationary period that wasn’t followed by a recession?
When short term and long term bond yields are inverted, and they are inverted, it signals a storm on the horizon.
Everything has to be good rosy or the state of they union speech tomorrow to make the Buyden look good then everything can be blamed on Trump the day after the state of the union.
Remain calm, all is well.
Inflation followed by rapidly rising interest rates is a good thing as of now. History? What is that? Reality is what needs to be to make leftist policies bring us utopia.
We’re already in a Recession.
This Summer, we’ll enter a Depression.
There is no recession with a war-time economy and the bond market reflects this. It is not yet ‘kinetic’, but we ARE at war with both the ChiComs and the Russians.
We should NOT be at war with Russia. If the Dhimmicrats had not stolen the last election, PDJT would be in charge. Putin would never have attacked Ukraine and we (the West) would not be in the quagmire that is the Ukraine War.
Thanks Dhimmicrat chicken hawks! FJB! FJT, eh!
Let’s see where it goes from here.
Drop a rock in water case the GDP hasn’t been this low sense 1932 no wage growth 5.6 inflation high cost of living from 2020.....................................................
No positive gains for the next two years.
MSN . . . Commie Rat cheerleaders
MSN?
Uh, feggedabowdit.
The U.S. economy cannot go into recession until a Republican is in the White House. The whole nation could become one giant Hooverville, and the economy would not be considered to be in recession until Trump or DeSantis is allowed to win in 2024, so that the left will have someone else to blame for the national economic collapse.
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.
High yield spreads are saying no recession, but the yield curve is telling recession.
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.
Bovine scat
...look how well covid worked.
The employment numbers are cooked. The latest numbers that claimed +500k jobs was really -2.5M jobs. The deep staters in Labor put in a 3M job “adjustment”. Reviewing their work, it is clear they started cooking the labor books only one month into the current regime. What jobs are added are low paying service jobs and part-time service jobs. What jobs are going away are well paying middle class jobs.
The CPI numbers are cooked. That is key to cooking the GDP. The deep staters have been cooking CPI gradually for the last 20-30 years, increasingly a little at a time. The details of the cooking are, well, shocking and clearly designed to defraud, if anyone is willing to look for the details of the changes that have been systematically made to corrupt the CPI number.
GDP is cooked as well.
So the question is, are we going to be in a recession. My answer is, we entered one with the ScamDemic and we haven’t left it.
The bond market like most other new math measures doesn’t buy food, gas or pay mortgages or rent.
This is more evidence of corporate cronyism than anything else.
And… they are loving chatgpt replacing workers with AI.