JPMorgan CEO Jamie Dimon says there’s a chance the US is heading into ‘something worse’ than a recession JPMorgan Chase CEO Jamie Dimon estimated last week the probability that the US would head into a recession, according to a Yahoo
Ark Invest chief Cathie Wood thinks the US is in a recession The economy is in a recession and the job market is set to slow, Ark Invest’s Cathie Wood told CNBC. Wood said that the Fed is focused on
I can explain why most people are freaking out about the definition of a recession. Group 1- just realized that the definition of a recession doesn’t matter and it never did. It turns out it only matters what the NBER
There have been numerous posts and accusations regarding what is a recession. Rather than getting involved in opinion about whether someone is trying to be deceptive how about make an effort to understand the facts first. In the US a
By Mickey D. Levy, Mr. Levy is chief economist at Bank of America. Oct. 9, 2007 12:01 am ET Despite recent financial turmoil and a dismal housing market, there are key reasons why the economy will continue to expand, albeit
GDP fell 0.9% in the second quarter, the second straight decline and a strong recession signal The U.S. economy contracted for the second straight quarter from April to June, hitting a widely accepted rule of thumb for a recession, the
GDP -0.9%. Technical recession + breakdown of GDP components GDP -0.9%. Bloomberg expected +0.4%. Atlanta Fed -1.2%. We most likely fit the technical definition of a recession. All remains to see if GDI (Gross Domestic Income) is negative this time.
Well then, JPMorgan Chase it is to kick off the worldwide recession festivities — Turns out Jamie Dimon is the most retarded degen gambler of all… Anyone know his username bc the loss porn is going to be unbelievable. https://preview.redd.it/3neaybikm1e91.jpg?width=585&format=pjpg&auto=webp&s=c4905c02fa1ab0a07f23fa2c15a12b84a092bb7e
The Fed saying we aren’t in recession is ULTRA HAWKISH. Don’t misinterpret it. Ok listen up you charming, sociable, well adjusted, smoothbrains. A lot of people on here are talking about the upcoming Fed announcement that we aren’t in recessions
Treasury Secretary Janet Yellen says signs of U.S. recession aren’t in sight Treasury Secretary Janet Yellen expressed confidence in the Federal Reserve’s fight against inflation and said she doesn’t see any sign that the U.S. economy is in a broad
