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re: Dow futures down 500pts

Posted on 5/9/22 at 7:59 am to
Posted by nugget
Mostly Peaceful Poster
Member since Dec 2009
13829 posts
Posted on 5/9/22 at 7:59 am to
quote:

Not sure if the exact number of quarters but we’d need to see several quarters of declining gdp and we haven’t seen that.


2, I believe, and we are most likely in the middle of the second.
Posted by slackster
Houston
Member since Mar 2009
85465 posts
Posted on 5/9/22 at 8:40 am to
quote:

2, I believe, and we are most likely in the middle of the second.


Could be, but most estimates and “real-time” forecasts are for 1.75-4% current quarter GDP.
Posted by SlidellCajun
Slidell la
Member since May 2019
10585 posts
Posted on 5/9/22 at 8:56 am to
We could be.

I need to see how these rate increases are going to impact inflation. If we see some positive impact which to me would be a tempering of inflation then I get a bit more comfortable .
Still too much unknown though
Posted by Bestbank Tiger
Premium Member
Member since Jan 2005
71740 posts
Posted on 5/9/22 at 12:42 pm to
quote:


2, I believe, and we are most likely in the middle of the second.


Correct.

We probably are in a recession but we won't officially know until the numbers are released.
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