Home Forums Hunting & Shooting Hunter's Campfire Recession risk now at 70%

Probably already in a recession, the data just hasn’t confirmed it yet.

FJB

🤣🤣🤣🤣🤣🤣


Wayyyyy out of my wheelhouse.
IMO, a recession is inevitable following the inflation we have had.
With the Fed raising interest rates to stabilize the economy,
it almost has to happen.


Lets Go Brandon!!!









to be fair, he wasn't the guy in office when we shut down the country and started
passing out money faster than a Vegas dealer deals.

Exactly- as long as the talking heads in the media deny it, it has not happened. The Pandering Pedophile's representatives on Twitter are telling everyone how well his economic plan is working

Maybe they’ll change the definition and all will turn out well !🤷🏻‍♂️

Recession? Try depression.

^^^^^^This^^^^

Exactly. We are already in a recession. I'm pretty tired of this fu cking administration. FJB!!!! Stupid sob's..

Traditionally, 2 consecutive quarters of negative GDP indicated a recession. We’ve long had that already, yet FJB gets a pass thanks to the corrupt MSM.

We live in a cyclical economy, or at least did. Recessions affect different demographics differently. I don’t see our area being effected nearly as much as others unless this is it and the American experiment ends here.
If I was an auto worker in Detroit, a tech worker in an urban hub, a Mercedes car dealer etc… I’d be worried.
Theres been 1000’s of townhomes built here in the last 5 years, right now, there’s 2-3 for sale on MLS. Bidding wars for under $300k homes, no lots available to buy. Population growth nuts and will continue this worse things get as urban flight accelerates.

Saw more temporary tags on expensive vehicles this weekend then I have in the past.

It is the American way, spend like there is no tomorrow, borrow to keep up with the neighbors, and go into tremendous debt.

Meanwhile, I am biding my time, driving a 21 yr old pickup and staying out of debt while selling my properties off so I can retire at some point.

This is like saying "70% chance of rain" when you already have an inch of water in the rain gauge...

86 and 92month loans which is unbelievable, I think the max loan when I was young 70's and 80's were 3-4 years max. People buying 80k vehicles with 5-10k down.. SMFH

Market has cooled for sure

I am no economist by any means... But in my 77 yrs in this vale of tears, every time crude oil went to the corrected price of $100 a barrel...we had a real recession. I think crude is trading at 70 this morning, and those are inflationary Biden Bucks. Historically, I just don't see a real, painful recession coming...unless, the Fed starts tinkering with the gears.

How do you argue that a recession has already started when enemployment just DROPPED below3.5%? When the average time on the market for homes is under 60 days? When new job openings are over a quarter million? When wage growth is beating the rate of inflation?

It’s all about the Life Style..

Keeping it Going ..

Credit..

That’s has a Expiration Date .

Then Watch the Multiple Drop ..

Earnings..

See the Storm Wall it’s getting Darker ..

It will Move Across the Land ..

Local Car Dealers have tons of new trucks in stock and are giving out rebates. Housing market which was red hot( 2 week listing or less before ). A neighbor sold their home after a month and the deal fell thru because of financing. ITs back on the market. Local layoffs in what was a red hot job market. Wage growth beating inflation in what universe?