GDP information for the primary quarter confirmed the economic system remains to be rising, however could also be inching towards a contraction. The 1.1% of progress recorded for the primary three months of 2023 was effectively under forecasts of two.0%, and displays an economic system battered by surging inflation and relentless rate of interest hikes. Is that this lackluster progress the signal of an imminent recession? Offered by @cmegroup:
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LABOR MARKET IS TOO STRONG AND FAANG ARE DOING EXTREMELY WELL! THERE IS NO RECESSION IN NEAR 1 TO 2 YEAR HORIZON LOL!
Between a Rock and a Hard Place
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Noooooooo kaputen raus soon 😂😂😂😂😂😂😂😂😂😂 long live 🇨🇳
Increasing interest rates are going to continue to increase bank failures because it puts their commercial paper and treasuries underwater. They need to freeze interest rates to prevent a deep recession in the economy. At the same time the White house needs to help industry to increase gas and oil output to reduce fuel prices. The war on oil only serves to increase energy prices which trickles out to the rest of the economy as inflation. Lowering interest rates, tightening the money supply, reducing government spending and increasing the cheap supply of fuel will result in reduced inflation and a booming economy. Presto, no inflation and no recession. Of course there are a lot of other agendas out there that will never let all of that happen, so hello recession and sticky inflation.
Great
They eraise my comment…m
Truth hurts. Markets are a barometer, they price things before.
They are predicting a huge, huge, stagflation. But type ARG.
I remember the last crash was caused by Banks , ( Lehman Beothers } how many bail-outs does it take . history repeat ?