2023 recession?

[rickym20]

What Recession?

 

[Roaddawg]

What Recession?
View attachment 1125930

Even in times when the little guy is getting hurt, there are plenty out there with FU money!

 

[79 HUSTLER]

What Recession?
View attachment 1125930

That’s a repo!!!

 

[regor]

Don't worry boys, yore guberment won't exasperate the problem and will look out for their citizens!!!

On Monday, Deputy Secretary of Defense Kathleen Hicks said Pentagon leaders believe the state of Ukraine will survive Russia’s invasion and that the US is preparing to arm the country for years to come.

"I think what we can assure ourselves today is that there will be a country called Ukraine. It will be a sovereign country and that country will have a military that will need to defend it," Hicks said at the Defense One Tech Summit.

US delivery of Javelin anti-tank missiles to Ukraine. Image: Associated Press

"And so as we look ahead, we’re thinking through what are the kinds of capabilities that the Ukrainians need to protect themselves over the long term," she added.


War machine forever!!!!!!!

 

[Bpracing1127]

Don't worry boys, yore guberment won't exasperate the problem and will look out for their citizens!!!

On Monday, Deputy Secretary of Defense Kathleen Hicks said Pentagon leaders believe the state of Ukraine will survive Russia’s invasion and that the US is preparing to arm the country for years to come.

"I think what we can assure ourselves today is that there will be a country called Ukraine. It will be a sovereign country and that country will have a military that will need to defend it," Hicks said at the Defense One Tech Summit.

US delivery of Javelin anti-tank missiles to Ukraine. Image: Associated Press

"And so as we look ahead, we’re thinking through what are the kinds of capabilities that the Ukrainians need to protect themselves over the long term," she added.


War machine forever!!!!!!!

Don't worry boys, yore guberment won't exasperate the problem and will look out for their citizens!!!

On Monday, Deputy Secretary of Defense Kathleen Hicks said Pentagon leaders believe the state of Ukraine will survive Russia’s invasion and that the US is preparing to arm the country for years to come.

"I think what we can assure ourselves today is that there will be a country called Ukraine. It will be a sovereign country and that country will have a military that will need to defend it," Hicks said at the Defense One Tech Summit.

US delivery of Javelin anti-tank missiles to Ukraine. Image: Associated Press

"And so as we look ahead, we’re thinking through what are the kinds of capabilities that the Ukrainians need to protect themselves over the long term," she added.


War machine forever!!!!!!!

This is very true!!! We are selling stuff direct to the Army and they are paying whatever we tell them the price is. The part I left out. They can’t have it for a year due to lead times

 

[monkeyswrench]

Don't worry boys, yore guberment won't exasperate the problem and will look out for their citizens!!!

On Monday, Deputy Secretary of Defense Kathleen Hicks said Pentagon leaders believe the state of Ukraine will survive Russia’s invasion and that the US is preparing to arm the country for years to come.

"I think what we can assure ourselves today is that there will be a country called Ukraine. It will be a sovereign country and that country will have a military that will need to defend it," Hicks said at the Defense One Tech Summit.

US delivery of Javelin anti-tank missiles to Ukraine. Image: Associated Press

"And so as we look ahead, we’re thinking through what are the kinds of capabilities that the Ukrainians need to protect themselves over the long term," she added.


War machine forever!!!!!!!

The more gear shipped overseas, the less that could be plundered or used here...

 

[CLdrinker]

I don’t know what you guys are all worked up about.
80 million voters can’t be wrong.
The resident financial experts from the Real Estate industry said everything was ok.
You dam doom and gloomers make a awful big deal over a bit of inflation, record amount of money printed, and rising interest rates. Oh and fuel prices are in no way tied to jobs, price of good or household overhead each month.

Everything is fine.

 

[pronstar]

 

[BingerFang]

US import demand is dropping off a cliff

There’s no wave of containers coming to rescue U.S. freight markets. Booking data shows that U.S. imports are cratering.

www.freightwaves.com

 

[HCP3]

Rate hikes will be announced by the Fed this afternoon.

 

[Gonefishin5555]

already out .75 now and another 1.75 the rest of the year i think i read

 

[Havasu blue label]

Shitty day

 

[LargeOrangeFont]

Shitty day

buy buy buy

 

[Gonefishin5555]

i covered my only short position on the news. It looks like its rallying a bit. Nothing to get excited over.

 

[Havasu blue label]

Well that’s what the plan is Mgm rrr and delta they all have cash in the books to young to worry about when it’s going to turn

 

[shintoooo]

Powell is pumping the market hard lol. Nice rally today. Let's see what happens tomorrow.

 

[CLdrinker]

Don’t worry home loan rates are not going up.
Everything is fine.

 

[Brobee]

My question is how much of a recession do we need to get inflation back in check? We’re at 8.6%in May, and that’s on top of a 5% rise last year. During the “Great Recession” of 09, we lost a maximum of 2.1%. I’m admittedly not an economist or even a smart man but if we only have a small inflation dip isn’t that still a huge rise year over year? I’m sure someone smarter than me can explain.

 

[Havasu blue label]

Mr orange has the answer

 

[LargeOrangeFont]

My question is how much of a recession do we need to get inflation back in check? We’re at 8.6%in May, and that’s on top of a 5% rise last year. During the “Great Recession” of 09, we lost a maximum of 2.1%. I’m admittedly not an economist or even a smart man but if we only have a small inflation dip isn’t that still a huge rise year over year? I’m sure someone smarter than me can explain.

They are going to crater the market, jobs and the middle class with it. Killing consumer spending will bring inflation back down.

Nothing recedes like progress

 

[Orange Juice]

Rate hikes will be announced by the Fed this afternoon.

Dodge has a 36Months 0% on their Charger.

Fed added 3/4 point. Labor market is extremely tight, inflation too high . 2 jobs for every one applicant.
Ongoing rate increases appropriate. Either 50 or 75 rate hike most likely at next meeting.

 

[MSum661]

My question is how much of a recession do we need to get inflation back in check? We’re at 8.6%in May, and that’s on top of a 5% rise last year. During the “Great Recession” of 09, we lost a maximum of 2.1%. I’m admittedly not an economist or even a smart man but if we only have a small inflation dip isn’t that still a huge rise year over year? I’m sure someone smarter than me can explain.

Powell wants the inflation target closer to 2%. The only way to get there is time. He said today he would like to see that happen by 2024.
The problem for the Fed right now is that the runway is getting shorter and narrower and there's not a lot of confidence out there that He can make it happen.

 

[Gonefishin5555]

My question is how much of a recession do we need to get inflation back in check? We’re at 8.6%in May, and that’s on top of a 5% rise last year. During the “Great Recession” of 09, we lost a maximum of 2.1%. I’m admittedly not an economist or even a smart man but if we only have a small inflation dip isn’t that still a huge rise year over year? I’m sure someone smarter than me can explain.

Did you ever watch the Jackass movies when they do the cup check thing? The Fed is going to kick us all in the nuts as hard as they can. Get ready for it.

 

[shintoooo]

I don't trust anything Powell says. He said at last meeting that they would not raise the rate by .75 and today he raised it by .75.

 

[BingerFang]

ZeroHedge

ZeroHedge - On a long enough timeline, the survival rate for everyone drops to zero

www.zerohedge.com

 

[shintoooo]

 

[regor]

 

[Orange Juice]

Stock market 101: Chapter 1 Buying the dip

 

[shintoooo]

Stock market 101: Chapter 1 Buying the dip

I agree but the dip keeps on dipping. I think we have a lot more dipping left to go.

 

[EmpirE231]

Stock market 101: Chapter 1 Buying the dip

 

[LargeOrangeFont]

I agree but the dip keeps on dipping. I think we have a lot more dipping left to go.

Lol people are impatient. It took 18 months of dips in the market last time, and 6 years for RE.

 

[EmpirE231]

c'mon man! can't mess with the hero's..... they'll just raise taxes.

I have sisters that are teachers... in CA... enrollment is way down from pre-covid times... yet they just both got a little over 7% raise. Somehow they needed to raise our property taxes 3 years ago to remodel old dilapidated schools... but now have budgets that allow raises, all while having less enrollment... makes logical sense.

 

[Cdog]

I got out of Vanguard S&P 500 fund at 4,655/430’s per share with everything I had in there.

Drop bb drop!!

 

[BajaT]

 

[LargeOrangeFont]

c'mon man! can't mess with the hero's..... they'll just raise taxes.

I have sisters that are teachers... in CA... enrollment is way down from pre-covid times... yet they just both got a little over 7% raise. Somehow they needed to raise our property taxes 3 years ago to remodel old dilapidated schools... but now have budgets that allow raises, all while having less enrollment... makes logical sense.

And I’m sure your schools got remodeled.

 

[monkeyswrench]

And I’m sure your schools got remodeled.

Yep, new rainbow logos and anti-white murals....

 

[CarolynandBob]

I agree but the dip keeps on dipping. I think we have a lot more dipping left to go.

Yeah it is newsmax, but the his credentials are good. Who know justs his opinion.

https://www.newsmax.com/finance/mic...ession-federal-reserve/2022/06/16/id/1074760/

 

[c_land]

Unofficially official? As of this morning, the Atlanta Fed is forecasting -1.0% GDP for the second month in a row. The technical definition of recession from the NBER is a little less simple than 2 consecutive negative quarters, but some think of this way.

 

[pronstar]

I know what I see, regardless of the Fed making calling it an “official” recession.

Rates are up.
Inflation is sky high, and trending up so rates will rise once again.
Fed money printer goes BRRRRR
Crypto is down.
Indexes are down.
Fed has yet to significantly dump assets from its balance sheet.
No more QE.
Lending is tightening.
RE softening, with supply still 25% of what it is normally.
Supply-side shortcomings are everywhere.
Energy is crazy high and trending higher.
Lackluster growth for 2 decades.

Waiting for a corrupt administration to call it an official recession is a fools errand…these tea leaves are very easy to read.

 

[Havasu blue label]

Everything is fine

 

[Cdog]

Unofficially official? As of this morning, the Atlanta Fed is forecasting -1.0% GDP for the second month in a row. The technical definition of recession from the NBER is a little less simple than 2 consecutive negative quarters, but some think of this way.

Hate to say I told y’all but I told y’all.

 

[monkeyswrench]

I know what I see, regardless of the Fed making calling it an “official” recession.

Rates are up.
Inflation is sky high, and trending up so rates will rise once again.
Fed money printer goes BRRRRR
Crypto is down.
Indexes are down.
Fed has yet to significantly dump assets from its balance sheet.
No more QE.
Lending is tightening.
RE softening, with supply still 25% of what it is normally.
Supply-side shortcomings are everywhere.
Energy is crazy high and trending higher.
Lackluster growth for 2 decades.

Waiting for a corrupt administration to call it an official recession is a fools errand…these tea leaves are very easy to read.

Aren't you just a ray of F'n sunshine!


I agree with you wholeheartedly, but I'm not known widely for my sound financial practices. Feel a little bit better that others see the same "tea leaves".

 

[COCA COLA COWBOY]

Ill
Leave this right here….

 

[Cdog]

I know what I see, regardless of the Fed making calling it an “official” recession.

Rates are up.
Inflation is sky high, and trending up so rates will rise once again.
Fed money printer goes BRRRRR
Crypto is down.
Indexes are down.
Fed has yet to significantly dump assets from its balance sheet.
No more QE.
Lending is tightening.
RE softening, with supply still 25% of what it is normally.
Supply-side shortcomings are everywhere.
Energy is crazy high and trending higher.
Lackluster growth for 2 decades.

Waiting for a corrupt administration to call it an official recession is a fools errand…these tea leaves are very easy to read.

Call it like it is bro! Hey I’ll b in Frisco Saturday-Wednesday. I owe u a beer…. Or two..

 

[pronstar]

Call it like it is bro! Hey I’ll b in Frisco Saturday-Wednesday. I owe u a beer…. Or two..

Oh cool! work is nuts right now but I’ll see if I can get a hall pass

 

[MSum661]

Unofficially official? As of this morning, the Atlanta Fed is forecasting -1.0% GDP for the second month in a row. The technical definition of recession from the NBER is a little less simple than 2 consecutive negative quarters, but some think of this way.

The consumer is imploding and given consumer spending comprises 70% of GDP your indicator looks to be right on target.
In fact the trend now is even steeper than in was in late 2007 heading into 2008.

 

[2Driver]

I know what I see, regardless of the Fed making calling it an “official” recession.

Rates are up.
Inflation is sky high, and trending up so rates will rise once again.
Fed money printer goes BRRRRR
Crypto is down.
Indexes are down.
Fed has yet to significantly dump assets from its balance sheet.
No more QE.
Lending is tightening.
RE softening, with supply still 25% of what it is normally.
Supply-side shortcomings are everywhere.
Energy is crazy high and trending higher.
Lackluster growth for 2 decades.

Waiting for a corrupt administration to call it an official recession is a fools errand…these tea leaves are very easy to read.

Yeah, but other than that.

 

[c_land]

Unofficially official? As of this morning, the Atlanta Fed is forecasting -1.0% GDP for the second month in a row. The technical definition of recession from the NBER is a little less simple than 2 consecutive negative quarters, but some think of this way.

Revised down another 1.1% today . Estimating -2.1% GDP for Q2. https://www.atlantafed.org/cqer/research/gdpnow.aspx

 

[EmpirE231]

Revised down another 1.1% today . Estimating -2.1% GDP for Q2. https://www.atlantafed.org/cqer/research/gdpnow.aspx

View attachment 1131949

it's not a recession until the TV tells us it is!!

 

[colenighthawk]

Tired of threads like this, people with money are always going to have money, broke asses are always going to be broke. Enjoy your life, move on, deal with it when you cross that bridge.
Go boating
Drink, eat pussy and fuck a lot.
Happy 4th!!!