Recession?… lol where?

Adobe
jsgnevsj

Go to company page Adobe

jsgnevsj
Apr 5 38 Comments

comments

Want to comment? LOG IN or SIGN UP
TOP 38 Comments
  • New
    enBT65

    New

    enBT65
    Probably. I know lots of people pulling out of the housing market since rates went from 3% to 4%. That slight raise and the housing price inflation has made home ownership unattainable for a large swath of the population. On the flip side, it goes to show how little people save and prepare for buying a house.
    Apr 5 4
  • Economy is hot because fed wanted to (printing money + zero interest).

    If you look at latest fed meetings they are righting it all. One reporter asked: if you tighten too much and employment rates are hurt, will you take it easy? Answer: strong economy is what warrants employment, we need to control inflation at the cost of employment to keep our economy strong.

    If you don’t get it: they will keep fighting it until demands goes down and supply chain issues goes away because of that, causing inflation to easy. That means high chance of recession.
    Apr 5 2
  • Chewy
    Hahawow

    Go to company page Chewy

    Hahawow
    Unfortunately people don’t understand the life cycle of an economy. A hot market is problematic because wages don’t increase with inflation. We are a debt fueled nation. A market doesn’t just stay hot forever.
    Apr 5 3
    • Chewy
      Hahawow

      Go to company page Chewy

      Hahawow
      I think that’s pretty bearish, but nobody knows. You can’t just say when exactly the market will finally collapse.
      Apr 5
    • New
      J4sjga

      New

      J4sjga
      I think layoffs won't hit till mid 2023 or alter
      Apr 5
  • LinkedIn
    stonk📉📈📉😰

    Go to company page LinkedIn

    stonk📉📈📉😰
    “inflation eats into consumer spending” That’s just…contradicting. We have inflation because people are spending. Raising rates to curb inflation is to encourage people to spend less and save more.
    Apr 5 4
    • Adobe
      jsgnevsj

      Go to company page Adobe

      jsgnevsj
      OP
      Well… inflation could be due to supply chain constraints so not all inflation is due to consumer spending
      Apr 5
    • Chewy
      Hahawow

      Go to company page Chewy

      Hahawow
      Supply chain constrains are not going to get better and commodities are going to be impacted even more by the war. It’s not simply supply chain, it is supply constraints in general.
      Apr 5
  • Zoom
    Mdmo84

    Go to company page Zoom

    Mdmo84
    "we need to control inflation at the cost of employment to keep our economy strong"
    Wasn't this guy saying in the last couple years that inflation is okay as long as we meet the goal of maximum employment? Am I misunderstanding something or is this guy full of shit? No inflation, k there's inflation but it's transitory, k it's sticking around longer than we thought but it's only a little bit, k inflation is higher than we expected, etc.
    Apr 5 3
    • Adobe
      jsgnevsj

      Go to company page Adobe

      jsgnevsj
      OP
      I know rite… it is the fed’s stupidity that may cause a real recession :(
      Apr 5
    • The transitory inflation bet was the biggest mistake the fed had. They did not took too seriously thinking supply chain would fix itself in months. Now they noticed this will take years at current pace and we’re fucked
      Apr 5