I’ll take the optimistic “not”. Although I wouldn’t bet on it.

I think the tight job market saves the country from recession. The UAW strike could completely change that, though.

Another unknown is whether repubs force shutdowns or maybe arduous sequester kick-ins next year which could also drag gdp down.

Really, the right answer is probably “it depends”. On how factors like that play out, and others we might not be thinking about now. If the Mideast war spreads, who knows how far oil spikes. Could it go to $150/bbl? Yeah, it could, and that probably spells “recession”.

(In response to this post by HoodatB)

Posted: 10/15/2023 at 12:03PM

PREV NEXT REPLY

Insert a Link

Enter the title of the link here:

Enter the full web address of the link here -- include the "http://" part:

Current Thread:

What do people think - recession or not in the next 18 mo? ** -- HoodatB 10/15/2023 11:56AM

I think a lot depends on factors TBD, specifically getting a speaker and a -- 81_Hokie 10/15/2023 12:40PM

I’ll take the optimistic “not”. Although I wouldn’t bet on it. -- hoolstoptheheels 10/15/2023 12:03PM

I’ll take the other side. -- Stimp 10/15/2023 2:39PM

I read bank earnings analyses and I -- HoodatB 10/15/2023 12:10PM

I wouldn’t bet against you. ** -- hoolstoptheheels 10/15/2023 12:27PM

Yes now that Clarence Thomas is making the poor pay back student loans. ** -- ResistHoo 10/15/2023 11:57AM

Good grief ** -- Hoogle.com 10/15/2023 12:34PM

Notice: Trying to get property 'queue' of non-object in /data/www/sportswar.com/wp-includes/script-loader.php on line 2781

Warning: Invalid argument supplied for foreach() in /data/www/sportswar.com/wp-includes/script-loader.php on line 2781