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86 sats \ 4 replies \ @Undisciplined 7 Sep \ on: Is the US already in a recession? econ

We're definitely going through an economic correction.

Most recessions are corrections and most corrections are recessions, but they aren't identical concepts.

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42 sats \ 2 replies \ @Coinsreporter OP 7 Sep

It seems like a correcting recession to me as well. But when you see the numbers especially to real estate and now the jobs, it presents a real case for a looming recession.

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82 sats \ 1 reply \ @Undisciplined 7 Sep

I agree. It feels like something big is looming.

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42 sats \ 0 replies \ @kepford 7 Sep

Been telling my wife we are in a sideways pattern. Seems like we could go down or up and people are very uneasy.

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42 sats \ 0 replies \ @kepford 7 Sep

Well put. I have lived through a few and this is starting to feel like a recession to me. Regardless of what the numbers or politics say about it. Based solely on my work and social circles.

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