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B of A: We are in a recession; some don’t realize it yet
Posted on 6/12/22 at 6:58 am
Posted on 6/12/22 at 6:58 am
quote:
‘We’re in technical recession, but just don’t realize it’: Bank of America sees more ‘shocks’ to come
Beware when a ‘shallow recession’ turns deep, say strategists
LINK
The shocks aren’t over. Get ready. That’s the timely Friday advice of Bank of America, delivered hours before worse-than-expected U.S. inflation data knocked the wind out of Wall Street and left investors bracing for more aggressive central-bank action.
This post was edited on 6/12/22 at 6:59 am
19
Posted on 6/12/22 at 7:00 am to goofball
Reports are fed will do a 0.75% rate hike.
It's okay though, Biden said if he printed more money then it would all go away.
It's okay though, Biden said if he printed more money then it would all go away.
Posted on 6/12/22 at 7:00 am to goofball
Thanks Joe
Posted on 6/12/22 at 7:01 am to goofball
I'm glad they are realizing what the rest of us have known for months.
Posted on 6/12/22 at 7:01 am to goofball
quote:
The shocks aren’t over. Get ready.
Which could be dynamic on top of the issues we already have.
Posted on 6/12/22 at 7:01 am to goofball
IDK about y’all, but we are holding off on major purchases.
Posted on 6/12/22 at 7:02 am to tiggerthetooth
Who could have seen this coming when they shut down the economy for 2 years.
At least I can find hand sanitizer in plentiful supply every fricking place I go now.
At least I can find hand sanitizer in plentiful supply every fricking place I go now.
Posted on 6/12/22 at 7:05 am to cable
And there’s an abundance of masks too.
Posted on 6/12/22 at 7:06 am to Deplorableinohio
And with the DPA, we’ll have plenty of solar panels to put on our roofs, especially in cloudy Ohio.
Posted on 6/12/22 at 7:08 am to Deplorableinohio
quote:
And there’s an abundance of masks too.
I've noticed the under 40 female demographic are ramping up mask wearing of late.
Posted on 6/12/22 at 7:27 am to RogerTheShrubber
quote:
I've noticed the under 40 female demographic are ramping up mask wearing of late.
This is the demo that got us in this mess.
Posted on 6/12/22 at 7:32 am to BigPerm30
and many many other messes…
This post was edited on 6/12/22 at 7:32 am
Posted on 6/12/22 at 7:52 am to goofball
Bank of America one of the WOKE companies tells us we are in a recession. Thanks now go donate another couple million to BLM. frick Bank of America and this administration under clueless Joe.
Posted on 6/12/22 at 7:53 am to goofball
Definitely need to print more money in the form of Inflation Stimulus Checks because this is totally Shell/Exxon/BP's fault.
Posted on 6/12/22 at 7:53 am to goofball
Every recession of the past 40+ years was preceded by a spike in the price of gas.
Posted on 6/12/22 at 7:54 am to kywildcatfanone
quote:
I'm glad they are realizing what the rest of us have known for two years.
FIFY.
Posted on 6/12/22 at 7:54 am to goofball
Wouldn’t shock me if climbing prices now just never go back down
Posted on 6/12/22 at 8:03 am to goofball
This guy Biden, just flat out amazing stuff
Posted on 6/12/22 at 8:04 am to goofball
So when do the mass layoffs start
Posted on 6/12/22 at 8:04 am to RogerTheShrubber
quote:
I've noticed the under 40 female demographic are ramping up mask wearing of late.
As are the masknorities.
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