Welcome to DU! The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards. Join the community: Create a free account Support DU (and get rid of ads!): Become a Star Member Latest Breaking News General Discussion The DU Lounge All Forums Issue Forums Culture Forums Alliance Forums Region Forums Support Forums Help & Search

General Discussion

groundloop

(11,513 posts)

20. NOT A RECESSION (yet).....

Reply to kentuck (Original post)

Thu Jul 28, 2022, 02:43 PM

Jul 2022

I just finished reading an analysis by Fidelity Investments. Their take is that many companies are posting good earnings numbers, with just a few segments showing negative earnings growth. Their conclusion - This Is Not What A Recession Looks Like.

https://www.fidelity.com/learning-center/trading-investing/doesnt-look-like-recession

Edit history

Please sign in to view edit histories.

23 replies

= new reply since forum marked as read

Highlight:

Are we in a recession? [View all] kentuck Jul 2022 OP

Economic disruption Pantagruel Jul 2022 #1

Also... kentuck Jul 2022 #2

Strong jobs market Pantagruel Jul 2022 #7

If we are not yet, we will be. House of Roberts Jul 2022 #3

Will a 3rd negative quarter convince you? Baggies Jul 2022 #4

the "definition" of two consecutive quarters of negative gdp growth is very simplistic unblock Jul 2022 #11

We're in one Baggies Jul 2022 #14

I'm not saying it's impossible. Only that rising employment makes it more muddled. unblock Jul 2022 #17

A word on NBER Baggies Jul 2022 #19

Wow. Ok. They're quite respected outside of you and your buddies. unblock Jul 2022 #21

When gas touches $5 a gallon national ave Moostache Jul 2022 #5

Work has slowed down a lot at the shop I work at Calculating Jul 2022 #6

i think nber will not see this as the start of a recession based on their more details criteria: unblock Jul 2022 #8

This message was self-deleted by its author FBaggins Jul 2022 #23

When gas touches $5 a gallon national ave Moostache Jul 2022 #9

yeah rising interest rates are not good for house prices. unblock Jul 2022 #10

Recommended. H2O Man Jul 2022 #12

For sure, we haven't been in a recession for 6 months, which is what the 2 q GDP rule of thumb means mathematic Jul 2022 #13

yes Groundhawg Jul 2022 #15

Janet Yellen says no, for what that's worth. gab13by13 Jul 2022 #16

Yes Sympthsical Jul 2022 #18

NOT A RECESSION (yet)..... groundloop Jul 2022 #20

Mild one at worst. roamer65 Jul 2022 #22