We've gone from yield curve probabilities of a recession to now probabilities of the recession already starting. According to the last Philly Fed, as of February 16, we have a 75% chance of already being IN recession. GAIA

submitted by [deleted] from zerohedge.com

sorted by:
top
newinsightfulfun
you are viewing a single comment's thread.

view the rest of the comments →

[–]Zapped 1 insightful - 1 fun1 insightful - 0 fun2 insightful - 1 fun -  (5 children)

We usually don't know for sure until we're deep in it or on the other side.

[–][deleted]  (4 children)

[deleted]

    [–]Zapped 1 insightful - 1 fun1 insightful - 0 fun2 insightful - 1 fun -  (3 children)

    I'm still not sure that this isn't a rolling recession and some areas may go through with less pain than others. I do think that we are in for higher unemployment before we hit bottom.

    [–][deleted]  (2 children)

    [deleted]

      [–]Zapped 1 insightful - 1 fun1 insightful - 0 fun2 insightful - 1 fun -  (1 child)

      Fair enough. I'll leave you alone.