Recession canceled ?

New
economy-up

New

economy-up
Mar 17 29 Comments

https://www.bloomberg.com/news/articles/2022-03-16/powell-ramps-up-inflation-fight-in-economy-tough-enough-to-cope

Blinders since Jerome Powell says we are not going to hit a recession, I guess we can ignore inflation and stagflation indicators in the economy and the stock market? 😂

TC:102K

#layoff #crash #fed

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TOP 29 Comments
  • Tesla
    b3owner

    Go to company page Tesla

    b3owner
    Nope. We are far from bottom. Friday youll start seeing the blood on market again. Food famine is around the corner as farmers are not putting down crops and dont have the manpower. Wheat suppliers are involved in the war so most grains are unavailable. Theres a rubber shortage due to major infestation to the trees and lack of manpower. Supply chain completely disrupted as europe and china are ticking up in covid cases. The bottom support is 3200 on the S&P.
    Mar 17 6
    • Tesla
      b3owner

      Go to company page Tesla

      b3owner
      @op im saying if by this time next year we are in the same type of conditions we wont worry about recession we will be in a depression
      Mar 17
    • New
      economy-up

      New

      economy-up
      OP
      Oh lord. I think fed plans on doing more interest rate hikes this year. If they go too aggressive we will probably crash hard so hopefully our crash is soft. All the tc chasing is about to end
      Mar 17
  • Plaid
    ttjlclc

    Go to company page Plaid

    ttjlclc
    Recession cancelled… for a few days until it’s back on, before being cancelled again just prior to when it actually happens. No one knows what will happen but tread carefully!
    Mar 17 0
  • Investment Bank
    Glinda

    Investment Bank

    PRE
    HP
    Glinda
    Powell is lying, he knows the US will be in a full-on recession by the end of the summer.
    Mar 17 0
  • Airbnb
    r87b

    Go to company page Airbnb

    r87b
    Buy time
    Mar 17 4
  • Woven Planet Holdings
    Indian_Bro

    Woven Planet Holdings

    Indian_Bro
    Still remember everyone was saying recession is here when yield curve became negative
    Mar 17 2
    • New
      economy-up

      New

      economy-up
      OP
      When was that bro? I mean indian bro
      Mar 17
    • New
      economy-up

      New

      economy-up
      OP
      2019 right? Thougj economy did gank in 2020 for other reasons
      Mar 17