Deutsche Bank Forecasts U.S. Recession For 2023-24

[Sad Bunny]

The only strange thing is we have plenty of jobs available this recession might be very different from what we normally see.

Plenty of low level jobs.

 

[Sad Bunny]

I know for my company we haven't been able to hire people we did add some summer seasonal workers but we literally have unlimited overtime.

Where do you work?

We are hiring temps and they will probably get laid off unless they’re really good.

 

[Elim Garak]

Plenty of low level jobs.

I mean we have a service based economy most of the jobs are low level lol.

 

[Elim Garak]

Where do you work?

We are hiring temps and they will probably get laid off unless they’re really good.

I'm not going to say where but it's a large tech company. We have like 20k employees.

 

[CrimsonTider]

There’s always going to be pullbacks in the economy

As long as unemployment is low it will be very mild/unnoticeable

 

[null]

There’s always going to be pullbacks in the economy

As long as unemployment is low it will be very mild/unnoticeable

you busy "WOAT'ing" it up over here too

 

[CrimsonTider]

you busy "WOAT'ing" it up over here too

What did I say wrong

 

[Lv99 Slacker]

The only strange thing is we have plenty of jobs available this recession might be very different from what we normally see.

^ That meme will probably be updated next year with the woman wearing four hats.

 

[ignorethis]

Lol

 

[Gizza]

Why the Recession Is Always Six Months Away — The Wall Street Journal

Continued strong hiring and consumer spending are complicating Federal Reserve Chair Jerome Powell’s campaign to tame inflation.

apple.news

“Employers added 517,000 jobs in January, a big figure that shocked economists who were anticipating a slowdown, and pushed the unemployment rate down to 3.4%, a 53-year low. Revisions to earlier reports also pointed to less weakness than initially thought.


The Labor Department’s report on February hiring, due for release Friday, will offer clues as to whether January’s was a one-off blip or a sign of an economy that’s accelerating. A separate report Wednesday could show whether workers continue to quit their jobs at historically high rates, which can indicate greater confidence in their ability to find new jobs with better pay.”

Long-term Treasury yields have since ticked up as investors become more concerned about inflation and stopped believing the Fed would cut rates anytime soon. A big question is whether the run-up in yields will be enough to shift the economy into the slower gear the Fed seeks.


“The Fed needs to get long-term yields high enough to slow the economy,” said Mr. Berezin. “There won’t be a recession until more people are convinced that there won’t be a recession.”


Write to Nick Timiraos at Nick.Timiraos@wsj.com


I be readin these like when its chaos the Feds are trippin when its reboundin they want chaos & bail outs for corporations . Yet refuse to help Americans, this country

 

[BK The Great]

They been saying this recession was here since November. Now they saying it again? fukk is wrong with these idiots running the country?

 

[re'up]

Why the Recession Is Always Six Months Away

Continued strong hiring and consumer spending are complicating Federal Reserve Chair Jerome Powell’s campaign to tame inflation.

www.wsj.com

 

[Nkrumah Was Right]

The Fed failed to curb job growth/inflation

Let’s see whatever tricks they got left

 

[LebronsHairline]

Looks like rates are gonna have to be raised again

10-2 treasury yield at -1.03 too

 

[hood b. goode]

until i saw this thread was created april 2022