No recession? But why?

2022-08-01

Imagine passing mark is >40 and test result shows below the mark but teacher aka NBER says.... You pass this round. What? [Doubt]

2 consecutive negative GDP equals recession but not this time per National Bureau Economic Research (NBER)

The NBER reasons:

457000 job added in Jul better than pre Covid levels.

Real personal income is strong

Consumer spending or real personal consumption expenditures

Sales adjusted for price fluctuations

Business investments and industrial production

Non farm payroll

I hope Fed or NBER are not try to paint a rosy picture here. Summer is over and but Retail numbers actual and forecast are not promising. More consumer stocks to come this week. $Starbucks(SBUX)$$Airbnb, Inc.(ABNB)$$Alibaba(BABA)$ Let's see. [Cool]

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Comments

Vomous
2022-08-02
Vomous
US wil go to recession. GDP has alr fallen after the first few int rates increase. With further increase now, GDP is likely to further fall
- PJoo:
  Many news out there say GDP has bottom
ThaiGirl
2022-08-02
ThaiGirl
Don't u sell short for recession?
- PJoo:
  Yes. Buy some shorts.
BenjiFuji
2022-08-02
BenjiFuji
Who are you looking out for most?
- BenjiFujiReplyPJoo:
  Thanks
- PJoo:
  Trade on high volume stocks. Not buy and keep.
KenixBoon88
2022-08-02
KenixBoon88
noted with thanks
Svengers19
2022-08-02
Svengers19
Thanks for sharing
ckh
2022-08-01
ckh
recession created by fed

Leave a comment

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You pass this round.&nbsp;What?&nbsp;[Doubt]&nbsp;2 consecutive negative GDP equals recession but not this time per&nbsp;National Bureau Economic Research (NBER)&nbsp; The NBER reasons:457000 job added in Jul better than pre Covid levels.&nbsp; Real personal income&nbsp; is strongConsumer spending or real personal consumption expenditures Sales adjusted for price fluctuationsBusiness investments and industrial productionNon farm payrollI hope Fed or NBER are&nbsp;not try to paint&nbsp;a rosy picture here. Summer is over and but Retail numbers actual and&nbsp;forecast are&nbsp;not promising. More consumer stocks to come this week.&nbsp;<a href=\"https://ttm.financial/S/SBUX\">$Starbucks(SBUX)$</a><a href=\"https://ttm.financial/S/ABNB\">$Airbnb, Inc.(ABNB)$</a><a href=\"https://ttm.financial/S/BABA\">$Alibaba(BABA)$</a>&nbsp;Let's see.&nbsp;[Cool]&nbsp;</body></html>","htmlText":"<html><head></head><body>Imagine passing&nbsp;mark is &gt;40 and test result shows below the mark&nbsp;but teacher aka NBER&nbsp;says.... You pass this round.&nbsp;What?&nbsp;[Doubt]&nbsp;2 consecutive negative GDP equals recession but not this time per&nbsp;National Bureau Economic Research (NBER)&nbsp; The NBER reasons:457000 job added in Jul better than pre Covid levels.&nbsp; Real personal income&nbsp; is strongConsumer spending or real personal consumption expenditures Sales adjusted for price fluctuationsBusiness investments and industrial productionNon farm payrollI hope Fed or NBER are&nbsp;not try to paint&nbsp;a rosy picture here. Summer is over and but Retail numbers actual and&nbsp;forecast are&nbsp;not promising. More consumer stocks to come this week.&nbsp;<a href=\"https://ttm.financial/S/SBUX\">$Starbucks(SBUX)$</a><a href=\"https://ttm.financial/S/ABNB\">$Airbnb, Inc.(ABNB)$</a><a href=\"https://ttm.financial/S/BABA\">$Alibaba(BABA)$</a>&nbsp;Let's see.&nbsp;[Cool]&nbsp;</body></html>","text":"Imagine passing mark is >40 and test result shows below the mark but teacher aka NBER says.... You pass this round. What? [Doubt] 2 consecutive negative GDP equals recession but not this time per National Bureau Economic Research (NBER) The NBER reasons: 457000 job added in Jul better than pre Covid levels. Real personal income is strong Consumer spending or real personal consumption expenditures Sales adjusted for price fluctuations Business investments and industrial production Non farm payroll I hope Fed or NBER are not try to paint a rosy picture here. Summer is over and but Retail numbers actual and forecast are not promising. More consumer stocks to come this week. $Starbucks(SBUX)$$Airbnb, Inc.(ABNB)$$Alibaba(BABA)$ Let's see. 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GDP has alr fallen after the first few int rates increase. With further increase now, GDP is likely to further fall","text":"US wil go to recession. GDP has alr fallen after the first few int rates increase. With further increase now, GDP is likely to further fall","html":"US wil go to recession. GDP has alr fallen after the first few int rates increase. 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","text":"Who are you looking out for most? ","html":"Who are you looking out for most? ","likeSize":1,"commentSize":2,"subComments":[{"id":103202634,"commentId":"103202634","gmtCreate":1659438462971,"gmtModify":1663255385326,"authorId":4110175785559852,"author":{"id":4110175785559852,"idStr":"4110175785559852","authorId":4110175785559852,"name":"BenjiFuji","avatar":"https://community-static.tradeup.com/news/330f59d829009a2c318784ab2b5e6098","vip":1,"currentWearingBadge":{"badgeId":"1f541396f99840fb977d0ab0ce343c94-1","templateUuid":"1f541396f99840fb977d0ab0ce343c94","name":"Weekly Top Contributor","description":"Contributors with best Editor's Picks every week","bigImgUrl":"https://static.tigerbbs.com/271475ceaf67d40016c8cfa16c08c8b3","smallImgUrl":"https://static.tigerbbs.com/5a6336061b9ba82ba9177c7ec476f5f2","redirectLinkEnabled":1,"redirectLink":"https://ttm.financial/TW/9000980585","hasAllocated":1,"isWearing":1,"stampPosition":0,"hasStamp":0,"allocationCount":3,"allocatedDate":"2022.05.09","individualDisplayEnabled":0,"individualDisplaySort":0,"categoryType":2004},"hat":"https://static.tigerbbs.com/b073a07f77dbe6b3bec6b12311fde6bd","crmLevel":5,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":3572863479502236,"repliedAuthor":{"id":3572863479502236,"idStr":"3572863479502236","authorId":3572863479502236,"name":"PJoo","avatar":"https://static.tigerbbs.com/c1df329f4341646fc633446858d34c31","vip":1,"crmLevel":4,"crmLevelSwitch":0,"individualDisplayBadges":[]},"objectId":9908836289,"objectIdStr":"9908836289","type":1,"supId":103187771,"supIdStr":"103187771","prevId":103202597,"prevIdStr":"103202597","content":"Thanks","text":"Thanks","html":"Thanks"},{"id":103202597,"commentId":"103202597","gmtCreate":1659438257486,"gmtModify":1663255383240,"authorId":3572863479502236,"author":{"id":3572863479502236,"idStr":"3572863479502236","authorId":3572863479502236,"name":"PJoo","avatar":"https://static.tigerbbs.com/c1df329f4341646fc633446858d34c31","vip":1,"crmLevel":4,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":9908836289,"objectIdStr":"9908836289","type":1,"supId":103187771,"supIdStr":"103187771","prevId":0,"prevIdStr":"0","content":"Trade on high volume stocks. Not buy and keep.","text":"Trade on high volume stocks. Not buy and keep.","html":"Trade on high volume stocks. Not buy and keep."}],"verified":10,"allocateAmount":0,"commentType":"valid","coins":0,"score":0},{"id":103193933,"commentId":"103193933","gmtCreate":1659400981587,"gmtModify":1663255351346,"authorId":4087201086871900,"author":{"id":4087201086871900,"idStr":"4087201086871900","authorId":4087201086871900,"name":"KenixBoon88","avatar":"https://static.tigerbbs.com/9ddde31e83f2e33f47a5875ef7251f84","vip":1,"crmLevel":6,"crmLevelSwitch":1,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":9908836289,"objectIdStr":"9908836289","type":1,"supId":0,"supIdStr":"0","prevId":0,"prevIdStr":"0","content":"noted with thanks","text":"noted with thanks","html":"noted with thanks","likeSize":1,"commentSize":0,"subComments":[],"verified":10,"allocateAmount":0,"commentType":"valid","coins":0,"score":0},{"id":103189467,"commentId":"103189467","gmtCreate":1659393076428,"gmtModify":1663255332926,"authorId":3582336414789652,"author":{"id":3582336414789652,"idStr":"3582336414789652","authorId":3582336414789652,"name":"Svengers19","avatar":"https://static.tigerbbs.com/6fdf90ae5f065baeb154898ca8d848d2","vip":1,"currentWearingBadge":{"badgeId":"972123088c9646f7b6091ae0662215be-1","templateUuid":"972123088c9646f7b6091ae0662215be","name":"Elite Trader","description":"Total number of securities or futures transactions reached 30","bigImgUrl":"https://static.tigerbbs.com/ab0f87127c854ce3191a752d57b46edc","smallImgUrl":"https://static.tigerbbs.com/c9835ce48b8c8743566d344ac7a7ba8c","grayImgUrl":"https://static.tigerbbs.com/76754b53ce7a90019f132c1d2fbc698f","redirectLinkEnabled":0,"hasAllocated":1,"isWearing":1,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2024.06.08","exceedPercentage":"60.92%","individualDisplayEnabled":0,"individualDisplaySort":0,"categoryType":1100},"crmLevel":4,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":9908836289,"objectIdStr":"9908836289","type":1,"supId":0,"supIdStr":"0","prevId":0,"prevIdStr":"0","content":"Thanks for sharing","text":"Thanks for sharing","html":"Thanks for sharing","likeSize":1,"commentSize":0,"subComments":[],"verified":10,"allocateAmount":0,"commentType":"valid","coins":0,"score":0},{"id":103184900,"commentId":"103184900","gmtCreate":1659360044016,"gmtModify":1659361005668,"authorId":3568200501659310,"author":{"id":3568200501659310,"idStr":"3568200501659310","authorId":3568200501659310,"name":"ckh","avatar":"https://static.tigerbbs.com/046085c4c23df63d33eb436617a32ed6","vip":1,"currentWearingBadge":{"badgeId":"7a9f168ff73447fe856ed6c938b61789-1","templateUuid":"7a9f168ff73447fe856ed6c938b61789","name":"Knowledgeable Investor","description":"Traded more than 10 stocks","bigImgUrl":"https://static.tigerbbs.com/e74cc24115c4fbae6154ec1b1041bf47","smallImgUrl":"https://static.tigerbbs.com/d48265cbfd97c57f9048db29f22227b0","grayImgUrl":"https://static.tigerbbs.com/76c6d6898b073c77e1c537ebe9ac1c57","redirectLinkEnabled":0,"hasAllocated":1,"isWearing":1,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2021.12.21","individualDisplayEnabled":0,"individualDisplaySort":0,"categoryType":1102},"crmLevel":3,"crmLevelSwitch":1,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":9908836289,"objectIdStr":"9908836289","type":1,"supId":0,"supIdStr":"0","prevId":0,"prevIdStr":"0","content":"recession created by fed","text":"recession created by fed","html":"recession created by fed","likeSize":1,"commentSize":0,"subComments":[],"verified":10,"allocateAmount":0,"commentType":"valid","coins":0,"score":0}],"isCommentEnd":false,"isTiger":false,"isWeiXinMini":false,"url":"/m/post/9908836289"}