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Current Events => Economics => Topic started by: Ptarmigan on March 18, 2022, 07:09:36 PM

Title: Recession Risk: Rising Rapidly (Or, Could We Be In One Already?)
Post by: Ptarmigan on March 18, 2022, 07:09:36 PM

Recession Risk: Rising Rapidly (Or, Could We Be In One Already?)
https://realinvestmentadvice.com/recession-risk-rising-rapidly-or-we-may-be-in-one-already/

Quote

Recession risk is rising rapidly. In fact, it is possible that we may already be in one.

While such a claim may sound impossible, given that Q4-GDP was above 5% in terms of annualized growth, such would not be the first time such a turn occurred.

As I discussed in “Shortest Recession In History,” the 2020 recession lasted just two months. However, during those two months, the economy fell by 31.4% (GDP), and the financial markets plunged by 33%. Both of those declines, as shown in the table below, are within historical norms.

Is a recession happening or already happening? Interesting read about recessions.