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What do you think will be the "canary in the coal mine" for a recession?
Posted on 10/23/23 at 2:30 pm
Posted on 10/23/23 at 2:30 pm
What specific indicator do you think will foretell a real recession?
36
Posted on 10/23/23 at 2:32 pm to sidewalkside
I like to use the automotive testicle industry as a leading indicator.
Posted on 10/23/23 at 2:32 pm to sidewalkside
The price of a beej drops to under $40. 
Posted on 10/23/23 at 2:32 pm to sidewalkside
bank mergers and big oil mergers.....oh wait
This post was edited on 10/23/23 at 2:33 pm
Posted on 10/23/23 at 2:32 pm to sidewalkside
Consumer purchasing is the key indicator….
Posted on 10/23/23 at 2:33 pm to sidewalkside
when trump becomes potus, they will stop propping up the fake arse economy.
Posted on 10/23/23 at 2:35 pm to sidewalkside
When they change the definition of what a “recession” is.
Posted on 10/23/23 at 2:36 pm to sidewalkside
Posted on 10/23/23 at 2:36 pm to sidewalkside
Banks and car dealerships close up and move across town.
Wait, that's the canary for white flight.
Posted on 10/23/23 at 2:37 pm to sidewalkside
When the OT has fewer than 3 new threads per day to complain about food prices
Posted on 10/23/23 at 2:38 pm to Death Before Disco
Posted on 10/23/23 at 2:38 pm to sidewalkside
quote:
What specific indicator do you think will foretell a real recession?
The same as always. Layoffs beyond normal seasonal layoffs in the industrial construction trades. Leading indicator of every recession in US history and a leading indicator of the end of recessions. Given that there is still historic demand for skilled tradesmen across the country I would posit that it ain't happening anytime soon. Slow down yes, recession not so much...
Posted on 10/23/23 at 2:38 pm to sidewalkside
quote:
What specific indicator do you think will foretell a real recession?
If the Casinos arent profitable.
Posted on 10/23/23 at 2:38 pm to sidewalkside
If my blue collar nephew-in-law with zero education but a solid work ethic can't make ends meet.
Right now he's making over $100k a year working his butt off supporting his family with 9th grade education.
Right now he's making over $100k a year working his butt off supporting his family with 9th grade education.
This post was edited on 10/23/23 at 3:19 pm
Posted on 10/23/23 at 2:38 pm to sidewalkside
They will piss on your face and tell you it's raining until there is a political adversary to blame for the piss.
Posted on 10/23/23 at 2:39 pm to sidewalkside
As long as there's a full parking lot at the Lion's Den
Posted on 10/23/23 at 2:41 pm to sidewalkside
When ever they can blame a republican.
Posted on 10/23/23 at 2:44 pm to sidewalkside
quote:When there develops a surplus of cargo shipping containers sitting empty at ports.
What do you think will be the "canary in the coal mine" for a recession?
Posted on 10/23/23 at 2:47 pm to sidewalkside
when they change the definition of recession, then you will know we are in one.
Posted on 10/23/23 at 2:48 pm to LSURussian
When the flow of freight slows, an economic slow down usually follows. I think upwards of 90% of stuff moves via ocean freight and then that filters down to trains and trucking.
Disclaimer, the economy has expanded many times even though freight recession was ongoing. So, who the hell knows.
Disclaimer, the economy has expanded many times even though freight recession was ongoing. So, who the hell knows.
This post was edited on 10/23/23 at 2:52 pm
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