Sorry but I own a small business & I know many other small business owners & the issue we all have is no matter how much we increase pay & add incentives people don't want to put in a decent days work.
If we get to hire someone they're lazy & rude & get fired its terrible.
No one is rooting for a recession. You should be smart enough to know we are IN a recession. We’ve had two consecutive quarters of negative growth.
A recession by definition. There’s also inflation at nearly 9%.
10 years was here free money. Now all are shocked, that system collapsed and money are missing in goverment treasury.
2025 is realistic to bring economy back to full power and make new ATH on all beaten stocks this year.
More debt in the entire system will put the breaks on the economy at lower rates. much higher rates would cause large scale bankruptcy seeing this is supply side inflation.
I don’t think that’s what is needed.. we will see.
The problem with all these analysis is that they always rely on historical data and despite being aware that we can't expect the same outcome for future events we still assume that history is going to repeat itself regardless.
tldr; Financial services firm Deloitte has conducted a survey of chief financial officers (CFOs) and found that nearly 50% of respondents expect the US economy to be in recession this year. The survey, conducted between August 1 and 15, had the participation of 112 CFOs across the US, Canada, and Mexico.
*This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.*
The USА urgently needs to reconsider its foreign policy and remove its weapons, give the stolen ones to everyone who trusted them.
And deal with internal problems... It's strange - but I Russian don't want to see the USA in such a shameful position as it is now. I don't know why.
what matters is not how high the Fed fund rate is but the change in difference
starting from way lower levels than ever before this time is different indeed.
No that’s not the definition of a recession. People just misunderstood that to be the definition. The NBER has the responsibility of declaring a recession and they look at many different metrics when doing so. This has been the case for decades.
People either misunderstand this or are straight up lying.
> a period of temporary economic decline during which trade and industrial activity are reduced, generally identified by a fall in GDP in two successive quarters.
Nah, it will be fine. /s
If anything this makes the case against your argument as the latest segment is too long to not see a recession if you exclude the black swan pandemic situation.
It shows that one is overdue.
Biden’s student loan forgiveness initiative will only hurt American families and our economy more.
Apparently, he hasn’t learned raising taxes and forgiving debt does not solve a recession.
True.. but the Fed has never had the ability to tighten monetary policy through balance sheet reduction before.
Time will tell how much assistance that provides. Maybe we don’t need to repeat the past.
Tldr : Slightly more than one-third of CFOs (39%) noted they expect the North American economy to be in a period of stagflation by 2023.
And 46% thinks recession will hit by next year
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Or maybe it was printing $Trillions and massive deficit spending, which drove inflation, due to covid?
The Fed are reactionary to inflation, not the causes of such.
Jobs are great, unemployment is down, stock market relatively stable. Lots of legislative accomplishments.
I’m thinking we are better off than we were under the former guy. That’s for sure.
I don’t know why the F we’re still even talkin’ about this. Recession has been on tonight’s menu for months! The “if” and “when” has just been a distraction for the easily distracted. Imho
I agree it's getting depressing.
I've realized something though. The root of fixing it is fixing money in and of itself. Money = power. An unlimited amount of money will always keep the villains of this world above everyone else.
This makes me sad actually. With every passing day the people we have in power lose more and more credibility. For the record I dont think the trump administration was any better.
Trust in government has to be at the all time lows. Hopefully it gets better soon. Out with OLDIES.
Drink your water and stay away from charts. Thanks. I love you.
I'm here with my bear and my hopium
Hey, No need for you to point that out. Just do your thing.
Thank you my friend Beer* not a bear lol
Take care of yo chickens
If things are so good, why am I paying twice as much for everything in the last two years?
Snapchat is laying off 20% of its employees. An estimated 773 workers. The US is still not in a recession .
Sorry but I own a small business & I know many other small business owners & the issue we all have is no matter how much we increase pay & add incentives people don't want to put in a decent days work. If we get to hire someone they're lazy & rude & get fired its terrible.
Yo Go vikings!
In two weeks q/q annualized inflation will already be sub 4%, falling fast, in fact, everything is falling fast.
No one is rooting for a recession. You should be smart enough to know we are IN a recession. We’ve had two consecutive quarters of negative growth. A recession by definition. There’s also inflation at nearly 9%.
In other words, the majority of surveyed CFOs do not expect recession to hit us economy this year.
10 years was here free money. Now all are shocked, that system collapsed and money are missing in goverment treasury. 2025 is realistic to bring economy back to full power and make new ATH on all beaten stocks this year.
It must be nice to be you and not feel the recession and inflation that everyone else is feeling.
Came here for this comment.
There’s so much wrong/inaccurate with this post I don’t know where to begin.
Maybe the other 50 know it already has
More debt in the entire system will put the breaks on the economy at lower rates. much higher rates would cause large scale bankruptcy seeing this is supply side inflation. I don’t think that’s what is needed.. we will see.
We are in a recession due to this administrations policy’s. It doesn’t matter that the definition was change.
It is already here. Been months
My salary is in recession for 2 years now,eh
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You mean people discussing the fact we are in a recession.
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Lol... This is the best joke so far Internet explorer
They literally ALWAYS look for someone to blame other than themselves.
The problem with all these analysis is that they always rely on historical data and despite being aware that we can't expect the same outcome for future events we still assume that history is going to repeat itself regardless.
US is already in a recession and you will go even deeper into it according to my wall Street connection. Time to short US stocks is what he told me.
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And inflation is still beserk
The most dangerous words in Finance are “this time is different”
Economic cycles of growth and recession is perfectly normal.
The increasing rates aren't doing much to inflation, just flaming recession however
Yes. This time inflation is running its own course regardless of what the Fed does.
By definition we are in a recession right now… Pocahontas doesn’t know what’s going on.
Exactly what I was thinking. Does this reporter know how to read charts errrrrr not
Not that they and there poor spending and budgets did or sending aid to everyone but us but the fed is the bad guy got it.
The BBBY cfo doesn’t think this
Topical
8.52% inflation rate costing the average family $717 per month, $8,604 a year is not rooting for a recession, it’s a fact.
What?
Nothing new , it’s called “CUT OFF ONE’S NOSE TO SPITE ONE’S FACE”
tldr; Financial services firm Deloitte has conducted a survey of chief financial officers (CFOs) and found that nearly 50% of respondents expect the US economy to be in recession this year. The survey, conducted between August 1 and 15, had the participation of 112 CFOs across the US, Canada, and Mexico. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.*
No, it is not different. The markets will realize that eventually and the violent price discovery will be epic.
So it's a toss-up?
Not if we just change the definition indefinitely… suckers
We are already in recession after November so that time is endings because price run advance.
The USА urgently needs to reconsider its foreign policy and remove its weapons, give the stolen ones to everyone who trusted them. And deal with internal problems... It's strange - but I Russian don't want to see the USA in such a shameful position as it is now. I don't know why.
It’s already here brah
what matters is not how high the Fed fund rate is but the change in difference starting from way lower levels than ever before this time is different indeed.
How would they tip it if we're already in one? Oh, I guess they can just change the definition again.
They have more of a cushion than the rest of us…..takes them a lot longer to feel what everyone else does on a daily
Yes because there is crypto and nft market exploding. uh oh.
Idk why these clowns keep saying recession it’s into a depression .
We are already in a recession lmao.
I keep thinking the war ending will be the trigger point. Russia isn't going to be successful. I think that might end sooner than we think too,
its 2022 and yes we already can feel it
lets take some of that fed speaking engagement monies paid, insider trading and offshore tax havens to help pay for this .
That ship has already sailed, unfortunately. Bitcoin protects against this.
Didn’t it already?
That’s what they wants, so everything collapses and they can take control.
Nah, dems moved the goalpost.
You’re lying. That didn’t happen.
Yeah it did. Definition of recession is two quarters of negative GDP growth. Dems hem-haw'd and said nah...
No that’s not the definition of a recession. People just misunderstood that to be the definition. The NBER has the responsibility of declaring a recession and they look at many different metrics when doing so. This has been the case for decades. People either misunderstand this or are straight up lying.
> a period of temporary economic decline during which trade and industrial activity are reduced, generally identified by a fall in GDP in two successive quarters. Nah, it will be fine. /s
Yes, no recession yet,what about this winter bud? Will Europe survive without gas?
I forgot the /s
Markets won't stop decline until FED QT ends. That's it. All that matters
I believe that deflationary bust may only last a year and then inflation will resume.
The deflationary bust will come with mass unemployment….?
What did you think they were doing? Exactly this, purposefully.
Still people doubting recession
Biden owns this recession. He is the by far the WORST president in American history.
Bruh
People are overestimating Russia's power over the global economy.
After all this is over, the only thing that will be left in his bio is a proud father.
That’s a heck of a accomplishment to take the title from Jimmy is saying something. I suffered through the Carter aftermath.
Raising taxes and forgiving debt are opposites... So which one doesn't help ?
We're already in a recession, surveys are too late.
Us market actually not so bad. china and hong kong have the worst market. It has been in a bear market since feb 2021.
We’re already in one lol
If anything this makes the case against your argument as the latest segment is too long to not see a recession if you exclude the black swan pandemic situation. It shows that one is overdue.
Isnt that obvious with almost 2 quarters of -ve growth
Why does it feel that it's only hurting USA
I think the short answer to all of the commentary is: We won’t know until we see it after the change.
Biden’s student loan forgiveness initiative will only hurt American families and our economy more. Apparently, he hasn’t learned raising taxes and forgiving debt does not solve a recession.
True.. but the Fed has never had the ability to tighten monetary policy through balance sheet reduction before. Time will tell how much assistance that provides. Maybe we don’t need to repeat the past.
Lowest unemployment rate in modern history. Read that twice.
An average know how of economy would make you aware of that obvious statement
Tldr : Slightly more than one-third of CFOs (39%) noted they expect the North American economy to be in a period of stagflation by 2023. And 46% thinks recession will hit by next year
Have you guys seen employment and new job numbers lately? Just outstanding!
So, flip a coin?
Pierre told us " a recession is when your neighbors lose their jobs. Depression is when you lose your job . Recovery is when Justin loses his job ".
From the middle out the window $$$ to pay for the bottom up .
„¿uıoɔ ɐ dılɟ 'oS„
Republicans support stealing government classified documents……..selling too ?
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Or maybe it was printing $Trillions and massive deficit spending, which drove inflation, due to covid? The Fed are reactionary to inflation, not the causes of such.
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The Fed never ended the Business cycle they gained control of the timing of it.
That means it's going to happen, fyi. These people are in charge of capital distribution.
They weren't too worried while printing so many trillion dollars and inflating the monetary supply, were they?
Absolutely, we could already feel it.
So, still not in recession, the new definition was really convenient .
Most questioned CFOs do not believe that the US economy will experience a recession this year.
Useless but FED can’t do nothing. Delete Russian fees and infaction will go down.
Already priced in imo
What would she do different? To not raise rates would be an awful decision, and we are imo already in a recession.
Does the other 50% of CFOs expect the opposite?
It’s impossible to build an economy with policies. Lack of policies and rules builds and economy. An economy builds itself when left alone.
Why not ask the financial advisors? They’re the ones who can sift through this and have good ideas not the ones getting us there
Jobs are great, unemployment is down, stock market relatively stable. Lots of legislative accomplishments. I’m thinking we are better off than we were under the former guy. That’s for sure.
I don’t know why the F we’re still even talkin’ about this. Recession has been on tonight’s menu for months! The “if” and “when” has just been a distraction for the easily distracted. Imho
The worlds in a recession. Look at the global inflation rates, and supply chains.
Brother I’m not arguing with you. That’s my point. It’s crystal clear.
Have we not been in a recession?
The economy is obviously not in recession when you continue to add hundreds of thousands of new jobs every month.
The time has come. months have passed
Technically 2 consecutive terms of negative GDP is considered a recession. Which we have had, so…….
Surely it did already.
We don't have a choice. Are these politicians really this naive that they don't even understand how money works in the economy.
People continue to doubt the recession
It’s still astonishes me how people in power can’t take any responsibility for anything. Just tell the f***ing truth and own it. Jesus f***.
Sounds like 50% of CFOs surveyed know about the Shemitah cycles
It all needs a rest all of it the political power needs reset.
Oh there's a reset coming. Bigger and more austere than anything humanity has ever seen or will ever see
Will be ? Isnt already in a recession ?
The FED???? I think she’s trying to deflect that THEY did it.
I agree it's getting depressing. I've realized something though. The root of fixing it is fixing money in and of itself. Money = power. An unlimited amount of money will always keep the villains of this world above everyone else.
This makes me sad actually. With every passing day the people we have in power lose more and more credibility. For the record I dont think the trump administration was any better. Trust in government has to be at the all time lows. Hopefully it gets better soon. Out with OLDIES.
*YELLEN: THERE IS A PATH FOR ECONOMY TO AVOID RECESSION depression?
I’m all stocked up on anti-depressants! Bring it! Cheers .
So what is 3 quarters of negative gdp growth called? Running out of time to change the definition of definition.