Recession?!

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MVIQll

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MVIQll
Mar 15 21 Comments

Why on earth do some people say we are in a recession? We may get into a recession but we are not in one right now imo.

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TOP 21 Comments
  • Ok, thanks for clarifying
    Mar 15 5
    • Netflix
      mxKM46

      Go to company page Netflix

      mxKM46
      the fed’s job is to (in)famously not let the stock markets influence them in controlling inflation or influencing the economy
      Mar 15
    • Google
      MVIQll

      Go to company page Google

      MVIQll
      OP
      Correct we are talking about the economy here and not the stock market. They want to control inflation while not messing with the economy.
      Mar 15
  • Investment Bank
    Glinda

    Investment Bank

    PRE
    HP
    Glinda
    A recession is defined as two quarters of declining GDP. The US will officially be in a recession in Q3. We are in a bear market, however.

    With any luck the Federal Reserve will increase interest rates by more than one quarter point tomorrow to help with inflation.
    Mar 15 2
    • Uber
      deficitowl

      Go to company page Uber

      deficitowl
      With any luck the Federal Reserve will not succumb to the theory that interest rate rises cure COVID and unjam shipping ports, nor to the idea that making a lot of the most vulnerable people in society unemployed is a good way to deal with inflation
      Mar 15
    • Uber
      deficitowl

      Go to company page Uber

      deficitowl
      Of course bankers love interest rate rises because they make more money though
      Mar 15
  • Stripe
    sadStripe

    Go to company page Stripe

    sadStripe
    Any direct to consumer ecommerce business is going to be affected by the Russia-Ukraine conflict as oil prices go up and send supply chain costs soaring. China going through another lockdown will impact manufacturing as well. And all this impacts upstream companies like Facebook and Google who rely on advertising revenue from these companies to generate the bulk of their revenues as well as fintech payment providers. When their revenues drop, they will slow or freeze hiring which is when folks like you or I will start to see it as a true recession.
    Mar 15 1
  • Meta
    metably

    Go to company page Meta

    metably
    A recession is a decline in real output. Though a recession may be reflected elsewhere, a recession is not your salary or home price or a stock market trend.

    At the root of the economy, we expect less input. Less wheat. Less oil. Less gas. Fewer operating planes, less trade. We'll even have fewer tech workers since many who were working in Eastern Europe are picking up arms.

    It's hypothetically possible to "do more with less," but the idea that this isn't the start of a recession seems like it's the position that would need justification.

    What do you think the odds are that total global production will produce more actual goods and services this half than it did last half? How will it do so?
    Mar 15 4
    • Google
      MVIQll

      Go to company page Google

      MVIQll
      OP
      I meant oil supply issue. Like Iran oil may replace Russian oil, no? Also Russian oil doesn't disappear. They continue to sell to China etc.
      Mar 15
    • Meta
      metably

      Go to company page Meta

      metably
      Mitigating some supply gaps is different from having economic growth.

      International oil companies have pulled out of Russia. Expertise and equipment are needed to continue to efficiently produce and ship oil and gas.
      Mar 16
  • Meta
    Bf85gh

    Go to company page Meta

    Bf85gh
    Tc or gtfo
    Mar 15 1