ExpediaPiedPipar

When is the next recession?

Any indication there is a recession in the horizon?

Add a comment
Susquehanna International Kristaps11 Jul 8, 2019

It’s within some horizon.

Salesforce Full-Send Jul 8, 2019

Haven't seen this thread before...

Expedia PiedPipar OP Jul 8, 2019

Now you have!

New
DuQvV7y Jul 8, 2019

OP, why do you think people on Blind would have some special insight on this ?

Expedia PiedPipar OP Jul 8, 2019

All the smartest people are allegedly Blind! They can tell you with 99.9% accuracy when it’s going to rain in Southern California, why won’t they know when the next recession will hit?

ICF ERCOT Jul 8, 2019

I can't tell if OP is being sarcastic or not...

Microsoft Haob Jul 8, 2019

Recessions always start when fall earnings fall short of expectations

New
DuQvV7y Jul 8, 2019

Nope. It’s 2 consecutive quarters of negative GDP. Not the same thing at all

Microsoft Haob Jul 8, 2019

I asked my financial planner and he said every recession officially started with a failed all earnings. Obviously it's more of a last nail in the coffin than a root cause

This comment was deleted by the original commenter.
New
VenmoEng Jul 8, 2019

Perfect answer

Chase (╯°□°)╯ Jul 8, 2019

No, this is actually wrong. Two quarters of economic contraction is how we know that a recession is taking place at that point in time. The recession doesn't "start" after we have two quarters of negative growth. Rather by definition it starts at or before the beginning of the first of those two quarters.

Indeed orkaLyfe Jul 8, 2019

2020 Nov if Dems get elected

Apple magikarp16 Jul 8, 2019

around the next full moon.

LinkedIn kouhffgg Jul 8, 2019

if anyone knew 🙁

Amazon qazwsxedc1 Jul 8, 2019

Blind is just anonymous quora at this point

Susquehanna International Kristaps11 Jul 8, 2019

At least Quora actually has verified subject matter experts.

Welocalize DmqK13 Jul 8, 2019

There is no current trends that show any economic downturn in the US. When you will see instability is if one of the larger economic powers outside the US has a big issue. Any of the current conflicts escalating, oil being shut off in EMEA, a conflict with China, or just something not currently expected. Regarding the election, that could be a big factor for the US. Uncertainty will effect the markets, lots of companies are holding back next year not knowing what is going to happen.