This is going to be mother of all recessions.

Correction: Not a mother.. just a mild one

 

6 minutes ago, siva604 said:

This is going to be mother of all recessions.

 

how u confirming it?

5 minutes ago, futureofandhra said:

how u confirming it?

We are already in it😇

2 minutes ago, siva604 said:

We are already in it😇

sstrong labor market people still buying home

Just now, futureofandhra said:

sstrong labor market people still buying home

🤣

Just now, siva604 said:

🤣

why u laughing man

1 minute ago, futureofandhra said:

why u laughing man

Nothing bro. I am not trying to prove that we are in recession.. when you tried to counter it made me laugh.. we are going to be in deep freaking recession.. 

This will be a different kind of recession.. Labor market is strong, almost all the consulting people are doing 2 jobs, so okapi poyina inkoti untundi but there will be a correction/stagnation in home prices based on the area, stock market already 20% correction aipoindi.. It will be a mild recession/correction rather than mother of all recessions, I doubt if a big recession is possible in this labor market..

2008 taught good lessons for bankers and financial institutions. CCAR ane concept introduce chesi they will evaluate financial health of banks and lenders quarterly...just to avoid the kind of recession we saw in 2008.

Partly, some correction steps are being introduced. Not saying we are slipping into recession but next two quartrers kuda growth peddaga emi vundakappvachu...but 2008 lo chusina daridram aithe malli chudamemo..

concur 

 

as long as job market is stable, rest is all noise… stock n job market combined debacle can cook a recession !

2 minutes ago, Barney_Stinson said:

as long as job market is stable, rest is all noise… stock n job market combined debacle can cook a recession !

I agree but things can change very fast. Like Fb froze all hires like that more companies will do and they will only cut down In next phase 

Stock market sanka nakipoyu one or two big organizations M lo kalisipothe appudu start avvuddi asalu katha…

remeber Bear Stearns days.. it’s all freakin started with this… and every company went greedy to save money that led to job cuts and recession… housing was major culprit that time but something else can cause too and we are too little to know what’s cooking…. 

 

They printed all this money in 2020 and screwed economy.PPP programs and rich folks ate all this money away and now they are after common man portfolios to control inflation🤮

1 hour ago, Barney_Stinson said:

as long as job market is stable, rest is all noise… stock n job market combined debacle can cook a recession !

Company profits taggite unna jobs e potayi, already stocks impact started mellaga jobs ki vastaru