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The New Coffee Room

  1. TNCR
  2. General Discussion
  3. White House Redefines Recession

White House Redefines Recession

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  • JollyJ Offline
    JollyJ Offline
    Jolly
    wrote on last edited by
    #45

    https://morningconsult.com/2022/07/13/recession-outlook-us-economy-data/

    If perception is reality in politics, 65% of Americans do not agree with the Resident or Jon.

    “Cry havoc and let slip the DOGE of war!”

    Those who cheered as J-6 American prisoners were locked in solitary for 18 months without trial, now suddenly fight tooth and nail for foreign terrorists’ "due process". — Buck Sexton

    1 Reply Last reply
    • HoraceH Offline
      HoraceH Offline
      Horace
      wrote on last edited by
      #46

      .75 percent rate hike. Never gonna sell my home now. Darn this inflation! Biden has made me prisoner in my own home.

      Education is extremely important.

      1 Reply Last reply
      • HoraceH Offline
        HoraceH Offline
        Horace
        wrote on last edited by
        #47

        Huge pop in the stock market after the hike. Let’s see how the market reacts tomorrow. If memory serves, the previous hike was received by immediate enthusiasm in stocks, followed by a crash the next day.

        Education is extremely important.

        taiwan_girlT 1 Reply Last reply
        • HoraceH Horace

          Huge pop in the stock market after the hike. Let’s see how the market reacts tomorrow. If memory serves, the previous hike was received by immediate enthusiasm in stocks, followed by a crash the next day.

          taiwan_girlT Offline
          taiwan_girlT Offline
          taiwan_girl
          wrote on last edited by
          #48

          @Horace said in White House Redefines Recession:

          Huge pop in the stock market after the hike. Let’s see how the market reacts tomorrow. If memory serves, the previous hike was received by immediate enthusiasm in stocks, followed by a crash the next day.

          Today's increase in the US stock market was 100% due to President Biden. Tomorrows crash is due to things beyond his control. 555

          George KG HoraceH taiwan_girlT 3 Replies Last reply
          • taiwan_girlT taiwan_girl

            @Horace said in White House Redefines Recession:

            Huge pop in the stock market after the hike. Let’s see how the market reacts tomorrow. If memory serves, the previous hike was received by immediate enthusiasm in stocks, followed by a crash the next day.

            Today's increase in the US stock market was 100% due to President Biden. Tomorrows crash is due to things beyond his control. 555

            George KG Offline
            George KG Offline
            George K
            wrote on last edited by
            #49

            @taiwan_girl perfect.

            "Now look here, you Baltic gas passer... " - Mik, 6/14/08

            The saying, "Lite is just one damn thing after another," is a gross understatement. The damn things overlap.

            1 Reply Last reply
            • taiwan_girlT taiwan_girl

              @Horace said in White House Redefines Recession:

              Huge pop in the stock market after the hike. Let’s see how the market reacts tomorrow. If memory serves, the previous hike was received by immediate enthusiasm in stocks, followed by a crash the next day.

              Today's increase in the US stock market was 100% due to President Biden. Tomorrows crash is due to things beyond his control. 555

              HoraceH Offline
              HoraceH Offline
              Horace
              wrote on last edited by
              #50

              @taiwan_girl said in White House Redefines Recession:

              @Horace said in White House Redefines Recession:

              Huge pop in the stock market after the hike. Let’s see how the market reacts tomorrow. If memory serves, the previous hike was received by immediate enthusiasm in stocks, followed by a crash the next day.

              Today's increase in the US stock market was 100% due to President Biden. Tomorrows crash is due to things beyond his control. 555

              58008

              Education is extremely important.

              taiwan_girlT 1 Reply Last reply
              • HoraceH Horace

                @taiwan_girl said in White House Redefines Recession:

                @Horace said in White House Redefines Recession:

                Huge pop in the stock market after the hike. Let’s see how the market reacts tomorrow. If memory serves, the previous hike was received by immediate enthusiasm in stocks, followed by a crash the next day.

                Today's increase in the US stock market was 100% due to President Biden. Tomorrows crash is due to things beyond his control. 555

                58008

                taiwan_girlT Offline
                taiwan_girlT Offline
                taiwan_girl
                wrote on last edited by
                #51

                @Horace ???

                HoraceH 1 Reply Last reply
                • LuFins DadL Offline
                  LuFins DadL Offline
                  LuFins Dad
                  wrote on last edited by
                  #52

                  CNBC

                  GDP fell 0.9% in the second quarter, the second straight decline and a strong recession signal

                  CNN

                  US economy contracts again, fueling recession fears

                  FOX

                  US economy enters technical recession after growth tumbles 0.9% in the second quarter

                  NPR (lol)

                  U.S. economy just had a 2nd quarter of negative growth. Is it in a recession?

                  Newsweek (lol again)

                  U.S. GDP Update Live: Economy Enters Recession Under Biden

                  The Brad

                  JollyJ 1 Reply Last reply
                  • taiwan_girlT taiwan_girl

                    @Horace ???

                    HoraceH Offline
                    HoraceH Offline
                    Horace
                    wrote on last edited by
                    #53

                    @taiwan_girl said in White House Redefines Recession:

                    @Horace ???

                    It’s my prediction for the nasdaq after a competent president is at the helm.

                    Education is extremely important.

                    1 Reply Last reply
                    • LuFins DadL LuFins Dad

                      CNBC

                      GDP fell 0.9% in the second quarter, the second straight decline and a strong recession signal

                      CNN

                      US economy contracts again, fueling recession fears

                      FOX

                      US economy enters technical recession after growth tumbles 0.9% in the second quarter

                      NPR (lol)

                      U.S. economy just had a 2nd quarter of negative growth. Is it in a recession?

                      Newsweek (lol again)

                      U.S. GDP Update Live: Economy Enters Recession Under Biden

                      JollyJ Offline
                      JollyJ Offline
                      Jolly
                      wrote on last edited by
                      #54

                      @LuFins-Dad said in White House Redefines Recession:

                      CNBC

                      GDP fell 0.9% in the second quarter, the second straight decline and a strong recession signal

                      CNN

                      US economy contracts again, fueling recession fears

                      FOX

                      US economy enters technical recession after growth tumbles 0.9% in the second quarter

                      NPR (lol)

                      U.S. economy just had a 2nd quarter of negative growth. Is it in a recession?

                      Newsweek (lol again)

                      U.S. GDP Update Live: Economy Enters Recession Under Biden

                      If it walks like a duck, etc.

                      “Cry havoc and let slip the DOGE of war!”

                      Those who cheered as J-6 American prisoners were locked in solitary for 18 months without trial, now suddenly fight tooth and nail for foreign terrorists’ "due process". — Buck Sexton

                      George KG 1 Reply Last reply
                      • JollyJ Jolly

                        @LuFins-Dad said in White House Redefines Recession:

                        CNBC

                        GDP fell 0.9% in the second quarter, the second straight decline and a strong recession signal

                        CNN

                        US economy contracts again, fueling recession fears

                        FOX

                        US economy enters technical recession after growth tumbles 0.9% in the second quarter

                        NPR (lol)

                        U.S. economy just had a 2nd quarter of negative growth. Is it in a recession?

                        Newsweek (lol again)

                        U.S. GDP Update Live: Economy Enters Recession Under Biden

                        If it walks like a duck, etc.

                        George KG Offline
                        George KG Offline
                        George K
                        wrote on last edited by
                        #55

                        @Jolly said in White House Redefines Recession:

                        If it walks like a duck, etc.

                        Yeah. What pisses me off is that, for all these decades, all these "experts" have tossed out the "R-word" to mean two quarters of contraction.

                        Never, did the talking heads say what they're saying now - "Wait a minute, that's not really what a recession is. You didn't hear us right two years, five years, twenty years, 32 years, 40 years ago. Why weren't you paying attention, pleb?"

                        "Now look here, you Baltic gas passer... " - Mik, 6/14/08

                        The saying, "Lite is just one damn thing after another," is a gross understatement. The damn things overlap.

                        1 Reply Last reply
                        • JollyJ Offline
                          JollyJ Offline
                          Jolly
                          wrote on last edited by
                          #56

                          alt text

                          “Cry havoc and let slip the DOGE of war!”

                          Those who cheered as J-6 American prisoners were locked in solitary for 18 months without trial, now suddenly fight tooth and nail for foreign terrorists’ "due process". — Buck Sexton

                          1 Reply Last reply
                          • George KG Offline
                            George KG Offline
                            George K
                            wrote on last edited by
                            #57

                            LOL

                            "Now look here, you Baltic gas passer... " - Mik, 6/14/08

                            The saying, "Lite is just one damn thing after another," is a gross understatement. The damn things overlap.

                            1 Reply Last reply
                            • JollyJ Offline
                              JollyJ Offline
                              Jolly
                              wrote on last edited by
                              #58

                              As heard on the radio...

                              Today, the same party that has trouble defining what a woman is, cannot define what a recession is.

                              “Cry havoc and let slip the DOGE of war!”

                              Those who cheered as J-6 American prisoners were locked in solitary for 18 months without trial, now suddenly fight tooth and nail for foreign terrorists’ "due process". — Buck Sexton

                              1 Reply Last reply
                              • HoraceH Offline
                                HoraceH Offline
                                Horace
                                wrote on last edited by
                                #59

                                Logic and reason and clarity in communication have become political weaknesses for the left. At which point, the Party of Science and Virtue (tm) handwaves them away. At least Trump isn't president.

                                Education is extremely important.

                                1 Reply Last reply
                                • taiwan_girlT taiwan_girl

                                  @Horace said in White House Redefines Recession:

                                  Huge pop in the stock market after the hike. Let’s see how the market reacts tomorrow. If memory serves, the previous hike was received by immediate enthusiasm in stocks, followed by a crash the next day.

                                  Today's increase in the US stock market was 100% due to President Biden. Tomorrows crash is due to things beyond his control. 555

                                  taiwan_girlT Offline
                                  taiwan_girlT Offline
                                  taiwan_girl
                                  wrote on last edited by
                                  #60

                                  @taiwan_girl said in White House Redefines Recession:

                                  @Horace said in White House Redefines Recession:

                                  Huge pop in the stock market after the hike. Let’s see how the market reacts tomorrow. If memory serves, the previous hike was received by immediate enthusiasm in stocks, followed by a crash the next day.

                                  Today's increase in the US stock market was 100% due to President Biden. Tomorrows crash is due to things beyond his control. 555

                                  Okay, 4% increase in two days is due to President Biden. Future decreases are due to other things.

                                  HoraceH 1 Reply Last reply
                                  • taiwan_girlT taiwan_girl

                                    @taiwan_girl said in White House Redefines Recession:

                                    @Horace said in White House Redefines Recession:

                                    Huge pop in the stock market after the hike. Let’s see how the market reacts tomorrow. If memory serves, the previous hike was received by immediate enthusiasm in stocks, followed by a crash the next day.

                                    Today's increase in the US stock market was 100% due to President Biden. Tomorrows crash is due to things beyond his control. 555

                                    Okay, 4% increase in two days is due to President Biden. Future decreases are due to other things.

                                    HoraceH Offline
                                    HoraceH Offline
                                    Horace
                                    wrote on last edited by
                                    #61

                                    @taiwan_girl said in White House Redefines Recession:

                                    @taiwan_girl said in White House Redefines Recession:

                                    @Horace said in White House Redefines Recession:

                                    Huge pop in the stock market after the hike. Let’s see how the market reacts tomorrow. If memory serves, the previous hike was received by immediate enthusiasm in stocks, followed by a crash the next day.

                                    Today's increase in the US stock market was 100% due to President Biden. Tomorrows crash is due to things beyond his control. 555

                                    Okay, 4% increase in two days is due to President Biden. Future decreases are due to other things.

                                    You shoulda seen what Biden did for Apple earnings. Magnificent. I’m becoming a convert.

                                    Education is extremely important.

                                    1 Reply Last reply
                                    • George KG Offline
                                      George KG Offline
                                      George K
                                      wrote on last edited by
                                      #62

                                      @Jolly said in White House Redefines Recession:

                                      As heard on the radio...

                                      Today, the same party that has trouble defining what a woman is, cannot define what a recession is.

                                      IMG_1343.PNG

                                      "Now look here, you Baltic gas passer... " - Mik, 6/14/08

                                      The saying, "Lite is just one damn thing after another," is a gross understatement. The damn things overlap.

                                      1 Reply Last reply
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