Talk of The Villages Florida - View Single Post - Jamie Dimon claims a recession is coming
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Old 08-09-2024, 06:51 AM
CoachKandSportsguy CoachKandSportsguy is offline
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Quote:
Originally Posted by Packer Fan View Post
I am still working. I run the purchasing group for a Fortune 500 company. He is wrong - we are IN a recession. If we aren't we are going into one. Everything has slowed down, sales for all my suppliers are down, they are all asking for more orders. Commodity prices are falling - Cold Rolled steel coils are less than $1000 a ton, first time in a long time. I don't see a soft landing. Its not the end of the world, it is taming inflation. The fed is succeeding.
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Be sure that you save up for any layoff / relocation sr mgmt decision. .