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2023-11: Warosu is now out of extended maintenance.

/biz/ - Business & Finance

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1191849 No.1191849 [Reply] [Original]

>president AND vice-president attend an emergency meeting at the federal reserve
>G-20 financial summit in Washington DC
>meetings with the IMF and world bank
>IMF issuing warnings about debt and no economic growth
>US first quarter GDP revised from 2% to 0.4%, then to 0.1%
>Italian government in emergency talks due to failing banks
>US banks to report worst quarter since the great recession

Is it happening?

>> No.1191878

>>1191849
it's literally all the result of a commodity downcycle that was intensified by China shitting the bed last year. Oil is seeing some stability. We should be fine unless Obongo and Yelling spreg out. Yep were fucked

>> No.1191891

Time to get out?

>> No.1191900
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1191900

I work for the economic side of the Census Bureau and the BEA staff we collaborate with have been really jumpy, more so than I've ever seen them.

Could be happening desu

>> No.1191902

>>1191849
>every summit meeting ever

>> No.1191910

Oh boy 2 big green bars. 2 Happening threads.

2/5 happening levels.

C'mon baby make my puts soar. and sing at the tops of mountains.

>> No.1192058

>>1191849
anyone got news on how the Fed meeting went, because i had no idea both Prez and vp were there

>> No.1192059

>>1191849
I sold all my holdings today. Wew lads, enjoy the crash.