Econ
Super Active Member
The Recession.
This can get complicated or convoluted so I will make it as simple as possible. There will be an economic recession declared soon. A recession is defined as two quarters of negative GDP growth. The 1st quarter has officially been declared -1.6% and the Fed's GDP Now is flashing a negative number for the second quarter. It's not official yet but this is where serious money starts being flashed on a bet.
We;ve heard from the FED, lets see what the BLS says.
This can get complicated or convoluted so I will make it as simple as possible. There will be an economic recession declared soon. A recession is defined as two quarters of negative GDP growth. The 1st quarter has officially been declared -1.6% and the Fed's GDP Now is flashing a negative number for the second quarter. It's not official yet but this is where serious money starts being flashed on a bet.
We;ve heard from the FED, lets see what the BLS says.
