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re: 2 year inverted yield curve
Posted on 4/25/24 at 5:21 pm to Art Blakey
Posted on 4/25/24 at 5:21 pm to Art Blakey
Would y’all say now is a risky time to switch jobs to O&G where the risk is recession and layoff due to low seniority vs more security at current job due to higher seniority?
1
Posted on 4/26/24 at 8:24 am to Virgo
quote:
Would y’all say now is a risky time to switch jobs to O&G where the risk is recession and layoff due to low seniority vs more security at current job due to higher seniority?
I would say it's risky, yes.
PCE for March came in higher than expectations (meaning it has gone up every month since January when it's supposed to be doing the opposite), GDP dropped precipitously from Q4 2023 to Q1 2024, oil has been on a steady increase (except for yesterday) since mid-December and will likely continue.
It seems we may finally be getting into the economic shitstorm that billions and billions of federal and consumer debt-creation has been holding off for a couple of years now.
This post was edited on 4/26/24 at 8:53 am
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