What are your thoughts on where the economy is currently positioned? 📈 Like, subscribe & turn your 🔔 notifications to stay up to date with all of the upcoming videos on the new channel!
Yeah it’s fascinating seeing consumption remain relatively resolute throughout. There will also likely be a divergence in economic positioning across the region with the recovery
So the technical definition of a recession is 2 consecutive quarters of (-) GDP growth. We haven’t yet seen that, however of course there are a range of different indicators & data points that economists look at
@@ForInvestors The US are in a recession according to the technical definition... RGDP: Q1 2022 -1.6%, Q2 2022 -0.6%. Source: www.bea.gov/data/gdp/gross-domestic-product
What are your thoughts on where the economy is currently positioned? 📈
Like, subscribe & turn your 🔔 notifications to stay up to date with all of the upcoming videos on the new channel!
The shopping centre's are still packed in Sydney.
Yeah it’s fascinating seeing consumption remain relatively resolute throughout. There will also likely be a divergence in economic positioning across the region with the recovery
Good video 👍
Glad you enjoyed it 😊
‘Could’ be a recession…. Are we not technically already in a recession?
So the technical definition of a recession is 2 consecutive quarters of (-) GDP growth. We haven’t yet seen that, however of course there are a range of different indicators & data points that economists look at
@@ForInvestors The US are in a recession according to the technical definition... RGDP: Q1 2022 -1.6%, Q2 2022 -0.6%. Source: www.bea.gov/data/gdp/gross-domestic-product
Thanks mate.
I work for DAF trucks a PACCAR company.hope we are not gonna feel this one to much, afterall it's transport in general
Interesting to hear and appreciate you sharing those thoughts. Will continue to watch the implications for the broader transportation sector
@@ForInvestors thanks
Have to appreciate his honesty amongst all the other shills
Was interesting to see his relatively stark outlook, particularly right from the front line where FedEx plays
To be honest this CEO is a flop from the beginning, needs to be removed