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It’s getting increasingly difficult to say we’re not entering a recession. Pretty much every leading indicator is flashing red now. I’m expecting Q1 earnings re
by mdorazio 7y ago
It’s getting increasingly difficult to say we’re not entering a recession. Pretty much every leading indicator is flashing red now. I’m expecting Q1 earnings reports and forecasts in a month to be the nail in the coffin.
- war1025 7y agoDoesn't seem like something that should catch anyone by surprise. That said, it seems like this recession could have a significantly different flavor to it than the others in recent memory. As they say: All happy families are alike; each unhappy family is unhappy in its own way. (Credited to Tolstoy where I looked it up just now.)
- qohen 7y agoIt's the first line of Tolstoy's novel, Anna Karenina. (TIL there's something named the Anna Karenina principle after this very line [0]; it's used in statistics and ecology). [0] https://en.wikipedia.org/wiki/Anna_Karenina_principle https://en.wikipedia.org/wiki/Anna_Karenina_principle
- H8crilA 7y agoThis has got to be the best telegraphed recession of all times. I cannot believe that anyone having skin in the economic game didn't know that it is likely coming. Come on, don't be ridiculous.
- war1025 7y agoI really don't understand what it is you're replying about since the first line of my comment was: > Doesn't seem like something that should catch anyone by surprise.
- api 7y agoWe are quite overdue. We have an economy that reliably produces catastrophic crashes every 8 years or so and it's been 12.