Jump to content
  • The above Banner is a Sponsored Banner.

    Upgrade to Premium Membership to remove this Banner & All Google Ads. For full list of Premium Member benefits Click HERE.

  • Join The Silver Forum

    The Silver Forum is one of the largest and best loved silver and gold precious metals forums in the world, established since 2014. Join today for FREE! Browse the sponsor's topics (hidden to guests) for special deals and offers, check out the bargains in the members trade section and join in with our community reacting and commenting on topic posts. If you have any questions whatsoever about precious metals collecting and investing please join and start a topic and we will be here to help with our knowledge :) happy stacking/collecting. 21,000+ forum members and 1 million+ forum posts. For the latest up to date stats please see the stats in the right sidebar when browsing from desktop. Sign up for FREE to view the forum with reduced ads. 

Recession doom loops


Recommended Posts

with the increase of divergence across similar markets

they need to focus on what they mean by recession.

two consecutive quarters of negative gdp is not an

accurate picture when the top companies that take

most of the weighting are pulling the averages up.

(and then there's currency printing).

 

in charting terms we should still be years away from

the start  of a many years down trend.

 

HH

Link to comment
Share on other sites

The best indicator(I remember very well the days of the great recession back in my country) are the increasing empty shops and letting signs all over the place.It looks like 2008 here in Worthing,West Sussex

Link to comment
Share on other sites

Ignore what  Carney says, the guy wouldn't know the top of a business cycle from the bottom.

I think its likely that the UK already in recession as business activity will continue to lag up to and possibly past the Brexit deadline. The quarterly GDP numbers will only confirm it 6 months after it starts, and they have a way of revising down prior to retrofit a smoother path to the current quarter's number.

Unemployment is creeping up and people are starting to worry for their jobs. Anecdotally I hear from many people that their companies are cutting headcount and restructuring.

Link to comment
Share on other sites

There is already a recession - in reality there has been one for the last 10 years - the real inflation rate is outstripping GDP growth and has been for yonks.

Disclaimer: Everything I post is for entertainment purposes only - it is not to be taken seriously. There is no intent to incite violence or hate of any kind, nor do I have any intent to incite any other crime or non-crime in any country in the world. It is not my intent to slander, harass or defame anyone dead or alive. 

Link to comment
Share on other sites

On 13/08/2019 at 13:39, Alex said:

The best indicator(I remember very well the days of the great recession back in my country) are the increasing empty shops and letting signs all over the place.It looks like 2008 here in Worthing,West Sussex

It looks similar in Dundee.

Link to comment
Share on other sites

  • 3 weeks later...
On 13/08/2019 at 13:39, Alex said:

The best indicator(I remember very well the days of the great recession back in my country) are the increasing empty shops and letting signs all over the place.It looks like 2008 here in Worthing,West Sussex

The empty shops have nothing to with any looming recession, and more to do with a change in retail habits, where people are buying more  and more online. This will only continue to increase as we raise a nation of kids glued to the internet 24/7. 

I can honestly see high street bricks and mortar retail totally disappear within a couple of decades. The only shops that will remain will be out of town superstores and shopping malls. The best thing for high streets is for them to be turned into affordable housing.   

Link to comment
Share on other sites

8 hours ago, HighlandTiger said:

The empty shops have nothing to with any looming recession, and more to do with a change in retail habits, where people are buying more  and more online. This will only continue to increase as we raise a nation of kids glued to the internet 24/7. 

I can honestly see high street bricks and mortar retail totally disappear within a couple of decades. The only shops that will remain will be out of town superstores and shopping malls. The best thing for high streets is for them to be turned into affordable housing.   

OK,let's forget about the empty shops but what about the letting/sale house signs popping out like mushrooms after rain and the price dropping?

Link to comment
Share on other sites

Archived

This topic is now archived and is closed to further replies.

×
×
  • Create New...

Cookies & terms of service

We have placed cookies on your device to help make this website better. By continuing to use this site you consent to the use of cookies and to our Privacy Policy & Terms of Use