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Non-Tech : Kirk's Market Thoughts -- Ignore unavailable to you. Want to Upgrade?


To: #Breeze who wrote (15986)5/20/2023 9:41:00 PM
From: Kirk ©1 Recommendation

Recommended By
Sdgla

  Respond to of 26805
 
Here is the same time frame with percentages.

I actually heard/read someone else discuss parts of my idea that we have been in a rolling recession since Q1-2022 when we had two negative quarters of growth... and the stock markets reacted to it. Perhaps only the massive spending by the president and our governor in CA giving us big tax rebate checks before the surplus turned into a deficit... kept people spending so we didn't have job losses... in other words, the job numbers are fake since they were bought with borrowed money, probably to win elections.

It will be interesting to see what happens with the deficit limit talks.