Any indication there is a recession in the horizon?
Haven't seen this thread before...
Now you have!
OP, why do you think people on Blind would have some special insight on this ?
Recessions always start when fall earnings fall short of expectations
Nope. It’s 2 consecutive quarters of negative GDP. Not the same thing at all
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
Perfect answer
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.
2020 Nov if Dems get elected
around the next full moon.
if anyone knew 🙁
Blind is just anonymous quora at this point
At least Quora actually has verified subject matter experts.
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.
It’s within some horizon.