/biz/ - Business & Finance

Anonymous Fri Nov 3 13:39:20 2023 No.56547882 [View]
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>>56547717
This is fuckin nothing, m8. The job market continues to be at historically strong levels (wow missed expectations by 0.1 percentage units). Wage growth is also bretty strong (less than company profits of course) and price gouging has been subdued (still strong of course but nothing the consumer can't handle as evident by the GDP figures and Amazon/Apple/Starbucks/others earnings).

This was just one small blip on the radar. Go outside and tell me if there is a recession going on. The data does not support this nor does my anecdotal evidence.
And we are close to a Santa rally, which means banks have to be artificially dovish.

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/biz/ - Business & Finance

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