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"There’s a 70% chance of recession in the next six months, new study from MIT and State Street finds"

By HEYYOU follow HEYYOU   2020 Feb 6, 8:22pm 194 views   8 comments   watch   nsfw   quote   share    


It will be a MAGA recession.

"The index currently stands at 76%. Looking at data back to 1916, the researchers found that once the index topped 70%, the likelihood of a recession rose to 70%."

https://www.cnbc.com/2020/02/05/70percent-chance-of-recession-in-next-six-months-study-from-mit-and-state-street-finds.html
1   HeadSet   ignore (3)   2020 Feb 6, 8:29pm     ↓ dislike (0)   quote   flag        

Sigh, such wishful thinking on your part....
2   VINCENT   ignore (0)   2020 Feb 6, 8:32pm     ↓ dislike (0)   quote   flag        

Man-o-Man!

This is beyond-the-pale bullshit for even you, HEYYOU.
3   Rin   ignore (4)   2020 Feb 6, 9:49pm     ↓ dislike (0)   quote   flag        

There will always be a recession, sometime in the future.

In fact, the yield curve almost always predicts it and this is no different than any other time. My prediction is after the elections in Nov.
4   APOCALYPSEFUCKisShostikovitch   ignore (49)   2020 Feb 7, 8:44am     ↓ dislike (0)   quote   flag        

State Street is a commie bank

MIT employs twisted maoist Chomsky who never recommended The Art of the Deal.
5   socal2   ignore (2)   2020 Feb 7, 8:52am     ↓ dislike (0)   quote   flag        

APOCALYPSEFUCKisShostikovitch says
MIT employs twisted maoist Chomsky who never recommended The Art of the Deal.


Yeah - Chomsky was too busy pimping for the Khmer Rouge and other Marxist psychopaths to take the time.
6   HEYYOU   ignore (46)   2020 Feb 7, 9:50am     ↓ dislike (0)   quote   flag        

VINCENT says
This is beyond-the-pale bullshit for even you, HEYYOU.


Many are controlled by political correctness rules that others create.
There is no pale for real men that take no orders from anyone & have no debt & don't have to work for someone else. No bullshit here because I didn't mention the scum RepCons that raised my taxes.

How about an "ignore"?
7   Rin   ignore (4)   2020 Feb 7, 10:22am     ↓ dislike (0)   quote   flag        

APOCALYPSEFUCKisShostikovitch says
State Street is a commie bank


That would actually make 'em a bit smart. Remember, the North Vietnamese Army, after the US stopped re-supplying the South, did win in Saigon.

If State Street were in a similar situation, not only will the South beat 'em with 1/3 of the firepower, but will also make Hanoi into the next Las Vegas.

No, State Street is quite possibly, the dumbest big company in existence. If it weren't for all the silos in that house, you could automate 80% of the work over there, even w/o any AI or ML tools.
8   EBGuy   ignore (1)   2020 Feb 7, 3:10pm     ↓ dislike (0)   quote   flag        

“We recognize that the era of growth at all costs is over,” said Khosrowshahi.
Meanwhile, Uber is able to turn a robust positive EBITDA for its core ridesharing business, but its other bets have been pulling down the company’s profitability. The more revenue Uber Eats brings in, the larger the losses. This past quarter Uber Eats was able to improve its sales by 154% year-over-year, but the segment’s EBITDA was down 111%, somehow losing more than it netted in sales.

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