Many people don't know that a recession does not track the stock market. The stock market usually peaks several months before a recession starts, then it bottoms out, but it starts to rise again during the recession.

Way back when in business school, a recession was when we had two successive quarters of negative growth in the gdp.

For some reason this indicator which was used for many years was ignored when we had this recently and it was decided we did not have a recession.

Also when people stop looking for jobs they are taken out of the labor force and not considered unemployed. This has been calculated in this manner for many years.

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Stopped clock. He predicted those bc he is always predicting doom and just happened to finally be right. The real question is how many times (correct answer= dozens) did he INcorrectly predict bear markets?

It wasn't intended to be a solution. It was a commentary on the conviction of his beliefs.

Any different than Jews leaving Germany in the late 1930s when they could see the writing on the wall? Those who left survived, those who stayed perished. Is it 1938 Germany in the US now? If the UK and Paris are any indication, maybe. My point was that if you truly believe it to be the case, why would you stay here?

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I believe that Mr. Dimon is the only finance expert predicting a recession. As I understand it, the US is the least likely economy to have problems.

Prices on everything have a tendency to INCREASE rapidly, but decrease slowly. The US middle class does not have the same strength that it did from 1950 to about 1980.

I believe that grocery prices are NOT included because they are so volatile.

I don't believe that right now there is negativity in the economy. In fact, it feels pretty positive.

Yeah, after doing some reading, that is par for the course when there is a Depression on the horizon. Oh wait.. Recession. Semantics.

I don't think the padded wallet people living in The Villages have any idea how much of a struggle it is right now for average people to keep up with their bills. The increases in food, fuel, medical care, insurances, taxes and so forth are choking the working class and middle to lower class citizens. How much welfare can all of us afford to dole out to keep people afloat at this stage and there is no end to be seen.

Have you been in the grocery store in the last 3 years?!

Some people will always abandon ship for their own butts and then there are those who will fight to their death for their country. That simple.

Do you mean volatile in an upward direction? Sure not going down.

IMO inflation never goes down enough to make up for increases.