Are we in a recessionary or inflationary period?

[ElDiabloJoe]

Are we in a recession or an inflationary period? Can they coexist or are they mutually exclusive? Thoughts?

[Caymus]

Are we in a recession or an inflationary period? Can they coexist or are they mutually exclusive? Thoughts?

Right now, an inflationary (but declining) period. Not yet a recession but most likely will happen. Many people still have a lot of cash, but many are living paycheck to paycheck. Credit card balances are increasing.

Both together is stagflation.

[gatorbill1]

Relax, world is not going to end - neither is market ups and downs

[Dotneko]

What difference does it make what it is called? If it becomes a 'recession' do we get a discount on gasoline?
A rose by any other name.....