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Started By
Message
I Was Told We Were in a Recession
Posted on 8/15/24 at 1:50 pm
Posted on 8/15/24 at 1:50 pm
22
Posted on 8/15/24 at 1:51 pm to DVinBR
By whom
Posted on 8/15/24 at 1:56 pm to DVinBR
Just in time for election...
Posted on 8/15/24 at 1:56 pm to DVinBR
Please stop. You’re baiting the cultists back when the market has an inevitable down day again 
Posted on 8/15/24 at 2:02 pm to DVinBR
You're looking at asset prices to determine if we’re in a recession? 
Posted on 8/15/24 at 2:42 pm to DVinBR
How many full time jobs has the country added in the last year? Hint—it’s a negative number.
Posted on 8/15/24 at 2:52 pm to DVinBR
We are
Posted on 8/15/24 at 3:53 pm to DVinBR
Poli-board told me the market is crashing.
Posted on 8/15/24 at 5:13 pm to DVinBR
Blow off top, still going to print for a few more months….
Posted on 8/15/24 at 5:17 pm to CamdenTiger
Those are hard to come by with deficits running 7% of gdp. The private sector would absolutely have to Thelma and Louise itself for gdp to go negative in consecutive quarters.
This post was edited on 8/15/24 at 5:18 pm
Posted on 8/15/24 at 6:31 pm to DVinBR
don’t worry, I’m told it’s “transitory “
Posted on 8/15/24 at 6:49 pm to DVinBR
One of My IRA’s is bouncing back. Went down 25k after the bloody Monday, gained back 18k already
Posted on 8/15/24 at 7:51 pm to DVinBR
stock market /= the economy
Posted on 8/15/24 at 8:51 pm to cadillacattack
I just stopped by a Dairy Queen to get an ice cream. A medium blizzard costs $7.40. I don’t believe anything the government says at this point. They printed way too much money.
Posted on 8/15/24 at 9:21 pm to DaBeerz
quote:
after the bloody Monday
More like a flesh wound.
Posted on 8/15/24 at 9:25 pm to minister of truth
quote:
stock market /= the economy
Posted on 8/15/24 at 10:23 pm to DVinBR
You mean the time we had two consecutive negative quarters but every single media outlet said that wasn’t a recession or are you talking about the COVID “recession” that was literally forced upon the world when the government shutdown damn near the whole economy to fight a mini flu?
Posted on 8/15/24 at 10:56 pm to minister of truth
quote:
stock market /= the economy
Tell me what metric of the economy says recession by any definition?
Posted on 8/15/24 at 10:57 pm to Lickitty Split
quote:
You mean the time we had two consecutive negative quarters but every single media outlet said that wasn’t a recession or are you talking about the COVID “recession” that was literally forced upon the world when the government shutdown damn near the whole economy to fight a mini flu?
Cool. Tell me about the current recession?
Posted on 8/15/24 at 11:16 pm to SloaneRanger
quote:
How many full time jobs has the country added in the last year? Hint—it’s a negative number.
Is that the board's definition of recession now?
A = When nearly everyone on this board said 2 quarters of real GDP contraction determined whether or not we were in a recession.
B = When nearly everyone on this board stopped caring about real GDP and started making up their own definitions of recession.
Pot, meet kettle.
This post was edited on 8/15/24 at 11:17 pm
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