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Go woke, go broke: Google fires 28 employees involved in pro-Hamas protest
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28 terrorist worshipping idiots just got themselves fired and I've never been prouder to work at Google.
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Goog Employees Arrested
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What is the appeal to NVIDIA?
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Telsa shareholders ..,
Just stop.
No. Recession is still 2 years away
Recession is defined by 2 consecutive negative GDP growth quarters. Q4 is projected to be between 2.5 - 3.1 GDP. We are far from a recession.
For all these blinders with high paying professions in supposed intelligent companies with infinity TC... Have no idea how the world operates and when to cry wolf and when not to.
If you think 3.7% unemployment, 2% inflation, and 3% GDP growth is a recession, you haven’t lived through a real recession as an adult.
Hard to read the signals given we’ve never had to come out of quantitative easing before. The stock market is more highly valued than it has been for all of except 18 months over the last 130 years (Shiller PE ratio). Bonds are pretty similarly priced. Price reverting to the mean doesn’t necessarily mean a recession.
Are you asking if people with no experience with the macroeconomic impact of ending quantitative easing (because no one has) are making poor micro decisions? Answer is likely yes. The alternative is that stock investors and business managers have different metrics and psychology for decision making.
It’s recess time!
Yep. It's starting. The economic data only shows it in hindsight. The current unemployment and economic data is immaterial at this point. But the stock market predicts it.
Stock corrections of 10% happen every 16 months on average since 1928. Recessions happen roughly every 60 months. So the stock market predicts about 4x more recessions than actually occur.
Nobody cares about 10% correction. Let's say 20% is about the mark since that's also usually considered the beginning of a bear market. What I am saying is let's assume we are the very tip of drop in the stock market (which will play out over a year) followed by a recession. Talking about trailing economic indicators at this point in the economic cycle is pointless.
Why is everyone so afraid of a recession. Its like black Friday for stocks.
Only if you are not heavily or fully invested in stocks already. Which is where most people around here are.
Sell your home, stocks and your wife since we’re in recession. Gtfoh.
Recession and bear market are not the same thing. It’s not even a proper bear yet.
What do you call a proper bear market? How many points down in single day?
Umm we are definitely at the onset of a recession. Smart economists look at leading indicators. (Housing, Yield Curve, Stock Market, etc) Dumb look at employment and gdp growth (lagging indicators)