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Posted by
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Some economic indicators pointing to an incoming US recession
Posted by goofball on 10/12/21 at 1:12 pm1114
quote:
U.S. Is in Recession If History of Consumer Sentiment Repeats
Bloomberg
A decline in consumer expectations suggests the U.S. economy is in recession even though employment and wage growth indicate otherwise, according a new study co-authored by a former Bank of England policy maker.
In the research dated Thursday, David Blanchflower of Dartmouth College -- who set interest rates at the BOE during the 2008 financial crisis -- and Alex Bryson of University College London say that consumer expectations indexes from the Conference Board and University of Michigan tend to predict American downturns 18 months in advance.
Also on FoxBusiness if you prefer not to click on a Bloomberg link.
re: Some economic indicators pointing to an incoming US recessionPosted by waiting4saturday on 10/12/21 at 1:13 pm to goofball
No shite What gave it away, the $3.00/gallon gas or the $9.00/lb ground beef?
re: Some economic indicators pointing to an incoming US recessionPosted by LegendInMyMind on 10/12/21 at 1:16 pm to goofball
quote:
In the research dated Thursday
My condolences to future researchers studying the coming recession.
re: Some economic indicators pointing to an incoming US recessionPosted by frequent flyer on 10/12/21 at 1:17 pm to goofball
Actually the article says we are likely entering the recession now. The hope is that consumer spending around the holidays will mask this for a while longer.
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re: Some economic indicators pointing to an incoming US recessionPosted by LegendInMyMind on 10/12/21 at 1:18 pm to frequent flyer
quote:
The hope is that consumer spending around the holidays will mask this for a while longer.
I guess we need more "Stimulus Checks".
re: Some economic indicators pointing to an incoming US recessionPosted by OMLandshark on 10/12/21 at 1:19 pm to goofball
I just posted this jewel over in the Poliboard: 4.3 million Americans resigned from their jobs in August alone
re: Some economic indicators pointing to an incoming US recessionPosted by captron on 10/12/21 at 1:19 pm to waiting4saturday
quote:
No shite What gave it away, the $3.00/gallon gas or the $9.00/lb ground beef?
Slow down there, what you say must be misinformation. ...Brandon told me my 4th of July cookout was 13 cents cheaper this year.
re: Some economic indicators pointing to an incoming US recessionPosted by LoneStar23 on 10/12/21 at 1:19 pm to goofball
Still posters on here who state inflation isn’t real and you’re just shopping wrong
re: Some economic indicators pointing to an incoming US recessionPosted by Scruffy on 10/12/21 at 1:19 pm to frequent flyer
quote:The band-aid needs to be ripped off.
The hope is that consumer spending around the holidays will mask this for a while longer.
The last thing we need is more “masking” of the US’s economic situation.
re: Some economic indicators pointing to an incoming US recessionPosted by OMLandshark on 10/12/21 at 1:19 pm to AUCE05
quote:
You guys have promised this for years
Been shopping for quite literally anything recently?
No, the msm was wishcasting that shite and trying to make it happen during those years so they could shite on trump.
If they're predicting it now, I would say it's probably imminent
If they're predicting it now, I would say it's probably imminent
This post was edited on 10/12 at 1:22 pm
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