how does kalshi define a recession?
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even money here but that is a vague term
A recession is when your neighbor loses his job. A depression is when you lose yours. Recovery has started now that Joe Biden has lost his.A recession is an economic downturn characterized by two consecutive quarters of negative economic growth, or negative GDP. Recessions can lead to job losses, reduced consumer confidence, and financial challenges for businesses. Fun fact: The word 'recession' has been used to describe economic setbacks since the 19th century, but the modern concept of recessions as we understand them today emerged during the Great Depression of the 1930s.
So just the mainstream definition. This happened in 2022 but nobody called it a recession obviously
A recession is when your neighbor loses his job. A depression is when you lose yours. Recovery has started now that Joe Biden has lost his.
*collect 2500..it isn't 1k wins 2500 fwiw
it is to win 1500
*collect 2500..
Nothing on inhaling the trump tariffs gas pipe as a tax on consumers?
I'm disappointed pats.
Nah...I'm positioned in a spot i like.You should probably sell everything before these tariffs crash the economy, recessions usually not good for equities.
I'm not even sure what inflation is anymore, after the inflation reduction act passed in 2022 we fixed all that.
but I think with the tariffs if it brings some low CPI prints then can refi the short term debt and the new issuance can be at lower rates, get Powell to finally see the data he needs to cut is one of the reasons they're fine with the short term chaos
but we'll see how it shakes out, Americans aren't that tolerant of short term disruption or egg breaking to make omelets
That is putting it mildly..I doubt the CPI reacts the way you're stating the shock in the system from rapid moves has a long way to unwind...
Be back in a month for a chat.
Be well RXers...enjoy the presidental craziness
You realize this is a rear view mirror look?Lower CPI print already
Guess you won’t read this for awhile though