Economy crash =/= stock market crash?

Swipe

Type_45 said:

adindas said:

Type_45 said:

adindas said:

Important News this week:

Earning Season of mega caps companies to be reported, US-GDP to be reported that will decide whether the US economy will be official in recession, announcement of how many basis point of the interest hike in the US.

Have you not heard the definition of recession has been changed?

That political definition was already known since Middle of June 2022. Which president / government want to be remembered as the party who takes the Country into recession ??

A recession is two consecutive quarters of negative growth. That has been the definition of recession for decades.

That's a technical recession

InvesterJones

Type_45 said:

adindas said:

That political definition was already known since Middle of June 2022. Which president / government want to be remembered as the party who takes the Country into recession ??

A recession is two consecutive quarters of negative growth. That has been the definition of recession for decades.

Ah, I thought there was someone here who said the US was already in recession, they must have been using a different definition I guess.

edit, oh yes, it was you:

Type_45 said:

masonic said:

Type_45 said:

The 2y/10y Treasury yield confirms that not only is the US probably already in a recession, but that it will be a very deep recession.

That's interesting, could you explain the reasoning behind this please, especially the 'very deep' part?

The US is already in a recession, it just hasn't been officially anointed yet.

Type_45

InvesterJones said:

Type_45 said:

adindas said:

That political definition was already known since Middle of June 2022. Which president / government want to be remembered as the party who takes the Country into recession ??

A recession is two consecutive quarters of negative growth. That has been the definition of recession for decades.

Ah, I thought there was someone here who said the US was already in recession, they must have been using a different definition I guess.

edit, oh yes, it was you:

Type_45 said:

masonic said:

Type_45 said:

The 2y/10y Treasury yield confirms that not only is the US probably already in a recession, but that it will be a very deep recession.

That's interesting, could you explain the reasoning behind this please, especially the 'very deep' part?

The US is already in a recession, it just hasn't been officially anointed yet.

Yes that is correct. The numbers aren't out yet for Q2, hence what I said. 

Type_45

Swipe said:

Type_45 said:

adindas said:

Type_45 said:

adindas said:

Important News this week:

Earning Season of mega caps companies to be reported, US-GDP to be reported that will decide whether the US economy will be official in recession, announcement of how many basis point of the interest hike in the US.

Have you not heard the definition of recession has been changed?

That political definition was already known since Middle of June 2022. Which president / government want to be remembered as the party who takes the Country into recession ??

A recession is two consecutive quarters of negative growth. That has been the definition of recession for decades.

That's a technical recession

The Biden regime begs to differ.

InvesterJones

Type_45 said:

InvesterJones said:

Type_45 said:

adindas said:

That political definition was already known since Middle of June 2022. Which president / government want to be remembered as the party who takes the Country into recession ??

A recession is two consecutive quarters of negative growth. That has been the definition of recession for decades.

Ah, I thought there was someone here who said the US was already in recession, they must have been using a different definition I guess.

edit, oh yes, it was you:

Type_45 said:

masonic said:

Type_45 said:

The 2y/10y Treasury yield confirms that not only is the US probably already in a recession, but that it will be a very deep recession.

That's interesting, could you explain the reasoning behind this please, especially the 'very deep' part?

The US is already in a recession, it just hasn't been officially anointed yet.

Yes that is correct. The numbers aren't out yet for Q2, hence what I said. 

So from the definition, it can't be in recession already. The earliest it can be is when the numbers come out.

Swipe

Type_45 said:

Swipe said:

Type_45 said:

adindas said:

Type_45 said:

adindas said:

Important News this week:

Earning Season of mega caps companies to be reported, US-GDP to be reported that will decide whether the US economy will be official in recession, announcement of how many basis point of the interest hike in the US.

Have you not heard the definition of recession has been changed?

That political definition was already known since Middle of June 2022. Which president / government want to be remembered as the party who takes the Country into recession ??

A recession is two consecutive quarters of negative growth. That has been the definition of recession for decades.

That's a technical recession

The Biden regime begs to differ.

I don't think you understand what a technical recession is

Type_45

Swipe said:

Type_45 said:

Swipe said:

Type_45 said:

adindas said:

Type_45 said:

adindas said:

Important News this week:

Earning Season of mega caps companies to be reported, US-GDP to be reported that will decide whether the US economy will be official in recession, announcement of how many basis point of the interest hike in the US.

Have you not heard the definition of recession has been changed?

That political definition was already known since Middle of June 2022. Which president / government want to be remembered as the party who takes the Country into recession ??

A recession is two consecutive quarters of negative growth. That has been the definition of recession for decades.

That's a technical recession

The Biden regime begs to differ.

I don't think you understand what a technical recession is

You should Tweet that, word for word, to the White House.

Type_45

InvesterJones said:

Type_45 said:

InvesterJones said:

Type_45 said:

adindas said:

That political definition was already known since Middle of June 2022. Which president / government want to be remembered as the party who takes the Country into recession ??

A recession is two consecutive quarters of negative growth. That has been the definition of recession for decades.

Ah, I thought there was someone here who said the US was already in recession, they must have been using a different definition I guess.

edit, oh yes, it was you:

Type_45 said:

masonic said:

Type_45 said:

The 2y/10y Treasury yield confirms that not only is the US probably already in a recession, but that it will be a very deep recession.

That's interesting, could you explain the reasoning behind this please, especially the 'very deep' part?

The US is already in a recession, it just hasn't been officially anointed yet.

Yes that is correct. The numbers aren't out yet for Q2, hence what I said. 

So from the definition, it can't be in recession already. The earliest it can be is when the numbers come out.

When the numbers come out it will show that the US has been in a recession all year.



Why would the White House attempt an Orwellian re-definition of what 'recession' means if the US were not in a recession?  


Join the dots.

Hexane

Type_45 said:

House prices are irrelevant to me.  I don't care if my house is worth 1p.  So will everyone else's be.  My house is my home and I don't have much of a mortgage.  You might as well threaten me with a feather duster.

My pension is a guaranteed amount too, so a stock market crash doesn't hurt me there one iota.


A stock market crash would hit my £75K ISA badly.  It's almost entirely in equities.   But I have no plans for it and don't access it at all.  It's grown by 10% this year.  £2K this month alone.  I shall take my chances.  

That being said, I am not buying anymore equities until next year.  I am building up cash in case there's a crash and then I plan on buying the dip.

Wise plan!

Alistair31

Hexane said:

Type_45 said:

House prices are irrelevant to me.  I don't care if my house is worth 1p.  So will everyone else's be.  My house is my home and I don't have much of a mortgage.  You might as well threaten me with a feather duster.

My pension is a guaranteed amount too, so a stock market crash doesn't hurt me there one iota.


A stock market crash would hit my £75K ISA badly.  It's almost entirely in equities.   But I have no plans for it and don't access it at all.  It's grown by 10% this year.  £2K this month alone.  I shall take my chances.  

That being said, I am not buying anymore equities until next year.  I am building up cash in case there's a crash and then I plan on buying the dip.

Wise plan!

Indeed. Unfortunately he found out the hard way the consequences of not sticking with said plan.