A Republican sits in the White House today and according to the corrupt press, of course we're in a recession.
2nd qtr gdp released: MINUS .9%. Official recession by definition no matter wh lies.
- Thread starter Orangeclad
- Start date
Housing market is officially in recession, just like our entire economy.
www.cnbc.com
We're in a 'housing recession,' experts say. Here's what that means for homeowners, sellers and buyers
While home sales last month were down more than 20% from a year earlier, prices are up more than 10% and demand remains strong despite a slowdown.
Housing market is ‘already’ in a downturn: CEO of the National Association of Home Builders
Housing market is ‘already’ in a downturn: CEO of the National Association of Home Builders | Fox Business Video
National Association of Home Builders CEO Jerry Howard discusses the sinking housing stock markets in response to Federal Reserve Chair Jerome Powell’s signal for another rate hike.
We’re not in a recession. Most recent rate hike is not terrific from an equities point of view.
GDP just came out at 2.4 percent
GDP just came out at 2.4 percent
"Yet" When the levy breaks, crying won't help you, praying won't do you no good.
Hmmm. Ok?"Yet" When the levy breaks, crying won't help you, praying won't do you no good.
The Fed really had no choice but to raise rates...but we're absolutely teetering on a razors edge. That's the nature of the beast.
We might be fine...but I'm less certain about the immediate future than some of you I suppose.
Inflation is at 3, not 9.GDP at 2.4% when inflation is at 9%?
Great movie to be sure!
I wonder if any of this is really important. I think that between technology ( AI ), Global unrest ( Ukraine / formation of BRICS / Saudi's decoupling $$ from oil ) and the adoption and expansion of digital token currencies around the world, things are going change so rapidly ( im thinking 5-10 yrs ) and dramatically that we cant yet understand its consequences. We probably wont even keep track of jobs and inflation data anymore.
US consumers "enjoy" record credit card debt due to Biden's inflatioary tidal wave. Record vehicle loan payments are behind. Consumers are 70% of our economy. How long will consumers spending spree go on? How long CAN consumers spending spree go on?
Similar threads
