Is recession coming actually?

[spectre71]

Be very careful of who you listen too and make sure your not shopping for the answers you would like to hear. Remember those folks are there to sell ads or pump (Saylor). It's not all bad either, sometimes the have some ideas or indicators to follow up on your own about.

I've tracked all the big names like Wood, Pomp, Paul et al. They have all been equally as wrong or right.  Charts are a joke... I to listen to Dalio on the markets, he has an excellent grip on the history and why of things.

The news is a joke mostly and the government lies and manipulates data beyond recognition.

Watch actually news (numbers) and historical reactions from those real numbers.

getting investing news of media outlets would be akin to getting a wife off of onlyfans, or worse

After all that, by the numbers, we are in a recession after we are completely done exporting inflation.

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[a298b112]

Be very careful of who you listen too and make sure your not shopping for the answers you would like to hear. Remember those folks are there to sell ads or pump (Saylor). It's not all bad either, sometimes the have some ideas or indicators to follow up on your own about.

I've tracked all the big names like Wood, Pomp, Paul et al. They have all been equally as wrong or right.  Charts are a joke... I to listen to Dalio on the markets, he has an excellent grip on the history and why of things.

The news is a joke mostly and the government lies and manipulates data beyond recognition.

Watch actually news (numbers) and historical reactions from those real numbers.

getting investing news of media outlets would be akin to getting a wife off of onlyfans, or worse

After all that, by the numbers, we are in a recession after we are completely done exporting inflation.

Thank you for this. I have similar thoughts. The more I watch youtubers I am starting realise that most of them are just promoting their own youtube channels and making some money of course. On the other hand even those few 'honest' youtubers also might be wrong... after all this is market. And who knows where that beast is heading now, right?

Then again, how and from where we should learn? I know this is big question, however, there should be sources of information one can check time to time and make his mind?
What sources you usually try to keep up with?

[spectre71]

We all want it to be a store of value and counter inflation. It should be right? Maybe someday after maturity and a few mor billion market cap but for now, in my opinion trades like a tech stock.

We are seeing a market that bitcoin or maybe anyone has ever scene before.

I expect it to do what it has always done until enough changes it doesn't.

[Mauser]

So the question is, what is going on there, are we really heading to recession? (or this is how markets work, so that people always speculate? )

Yea we are heading for a recession. Speculators can influence the market, but that is only minor compared to actual economic situation. There are a few important factors which look really bad for 2023. First of all inflation is expected to remain at double digits for 2023. This is probably the worst thing to happen after the Ukraine Russia war this year. In Western countries we have not seen such kind of inflation rates in 40 years. Investors and consumers are scarred and afraid to use their money. The Christmas business this year is going to be bad as many people are struggling with higher living expenses and wages are not rising fast enough. Same with investors, they sold many risky assets only to hold cash. For the economy its very bad if people only hold cash and don't spend it. This will result in lower production and investment for the next year. The reversal of energy prices might only be short term and will not offset the damage it has done the last 10 months. I would prepare for 2023 getting worse than 2022.

[electronicash]

with the inflation that we have right now, you can always tell we are heading somewhere down. the prices of basic needs like sugar or bread is up more than 15%.

USD may look strong global currency but this is because of the speculators hedging in the international market. but locally, you living in US can see the purchasing power of USD dwindling. try buying gasoline. locally, USD is not a strong currency. we are just waiting for something to break and all  currencies in every country will fall. something that will break such as ww3.

[Gayong88]

It is wise to make our own predictions based on the data we see in front of you analytically or generally rather than relying on the opinions of others. If anyone is openly discussing their opinion of where the market is going, it's the market analyst.

In my opinion, recession is a normal process of the economy and don't panic about it. But we need to know the fact that it doesn't come alone. It comes with job losses, inflation, low business activity and poor financial stability.

[Falconer]

In my opinion, recession is a normal process of the economy and don't panic about it. But we need to know the fact that it doesn't come alone. It comes with job losses, inflation, low business activity and poor financial stability.

No panic, but something worth thinking about too. The problem is that we need a solution to minimize economic disruption from the smallest to the largest level, this is something that needs to be considered regardless of the current world economic conditions. The recession will come or it may already, depending on the economic impact it has on ourselves or on a national basis.

It is difficult to achieve stability during this inflation, of course because the currency lost a lot of value. The impact may be measurable through analysis, but we cannot avoid this problem without a definite solution.

[doomloop]

what is going on there, are we really heading to recession? (or this is how markets work, so that people always speculate? )

It's been a long time since I heard those words about recession so I think it already came and maybe we are still at it now. It does affect anyone but the effect can vary. for those who are unprepared then they are the ones who will be affected with this badly but the effects are only less for those who are fully prepared but despite of that both can say that recession is not okay since its effects are mostly negative.

Those who said that everything is okay are out of their minds. How can it be okay when the unemployment rate is high? A high gdp is great but I don't think this are experienced when there is a recession but people always speculate here in cryptos, this is how it works.

[Gyfts]

Recession's probably already here. Companies are anticipating a recession and modifying their business operations as such. Q3 GDP reports for the U.S. showed unexpected growth but I expect it's an anomaly as two previous quarters were negative GDP growth. If the U.S. economy is struggling, and Europe is battling with high energy prices, it spells trouble.

Also consider the U.S. federal reserve has announced yet another interest rate hike, 0.75% increase: https://www.usatoday.com/story/money/2022/11/02/fed-interest-rate-hike-live-updates/10561495002/

It seemed that their strategy was to ease the gas on the money printing, incrementally increasing interest rates and hoping the inflation rate for USD would come down. Obviously, they recognize recession is unavoidable so they're aggressively hiking up the interest rates with the acceptance that GDP will slow down into a recession.

If the U.S. economy is in recession, the global economy is in recession.

[rby]

I am quite new to the crypto, investing, economy and all that...so far really got interested in about a year ago. So far what I see is lots of lack of similarities in opinions of youtubers, blogers and mass media. Some sources are shouting like creasy that a great recession is coming and it will hurt everyone so bad like never did. More moderate youtubers are doing some analysis and basically what they saying is, well there could be recession, and that is ok, this is how you get markets cleaned up. And there is third part that says, no everything is ok... unemployment is high, GDP is rising so technically we are not in a recession.

So the question is, what is going on there, are we really heading to recession? (or this is how markets work, so that people always speculate? )

I dont know if there is a special meaning for recession in economics. If there is no special meaning for recession I can say that we are already facing recession in my country. what you will buy with $5 today in two months time you can no longer buy it with $5,  this was not like this before. Many things has changed and the price of commodities keep going up everyday in other side of the story, fiat currency keeps crashing everyday. This is recession or inflation whatever it is called it is obvious that the economy is at greater danger

[Baofeng]

So the question is, what is going on there, are we really heading to recession? (or this is how markets work, so that people always speculate? )

I think it's obvious that we have entered recession when we have the Covid-19, two years ago. Every economy is shutdown, people doesn't have jobs, companies are closing down their businesses.

And although majority now are bouncing back and it seems that we are back to normal again, but it's too late as the damage has been done already. US for example, their CPI has been hit and so they are too are in recession. And then the war in the background is one of the factors as well for us to be in the situation that we are in right now.

[Captain Corporate]

You are confusing economical crisis and recession words. Just because there is an economical crisis doesn't mean there is recession. Recession means less money in the markets, and less jobs available and many other "lack of mony in the world" problem, we are having that because of high fed interest rates.

2 years ago when lockdowns first happened we still had unemployment for many, but we had governmnets printing money for free, which means that we were actually having a good amount of trouble in the long run based on just free money, because it caused inflation, while things went up in price, our salaries didn't went up as much, which meant even though we got a raise at work, we couldn't offer the things we used to buy.

Its still a problem, high inflation with low salary increase followed by recession will make sure that most people will bankrupt, and that reset will cause a trouble but the ones who survive that will be able to buy everything from everyone and be richer when the world economy is better.

[Marvell1]

You are confusing economical crisis and recession words. Just because there is an economical crisis doesn't mean there is recession. Recession means less money in the markets, and less jobs available and many other "lack of mony in the world" problem, we are having that because of high fed interest rates.

I also read all the above answers and didn't see people mention the difference between crisis and recession, I think we're just in an economic crisis, not in a recession yet, these two are not the same although there are many similarities. Like the US economy, they had 2 negative growth quarters, in theory they were in recession, but GDP growth in the 3rd quarter could be said to have not entered a recession. The Fed's continued high interest rate hikes will affect the global economy and if they extend the high interest rates into 2023 then I think we will soon enter a real recession.

[Johnyz]

It's hard to say whether at this time the recession has occurred, I am still in school and get the full fee from my parents so I do not know the economic conditions, but the thing I feel is the price of food and the needs that I bought more expensive.

This is where you can learn more about recession, you can start asking your teacher/professor about this one. Well, recession is an economic problem where a country is experiencing and most of the commodities will rise in price. Currently, many countries are getting into that situation and yes the only way to survive is to be prepared. Many are already securing their money into something, cryptomarket is a good option to many.

[Smartvirus]

It's hard not to imagining the coming of a recession with all the things that is happening across worlds today. We've got wars, climate change, increased in every day consumer products and more. Not to mention, we've been hit by a pandemic that sort of reset most of our lifestyle and a recovery from all that have been the bases and its not coming off good still. A recession is sure to hot our world sooner than later and so, one has got to be making preparations when it comes because, it will come. Search out for opportunities and pick up your investments wisely.

[Paul Pogba]

It's hard not to imagining the coming of a recession with all the things that is happening across worlds today. We've got wars, climate change, increased in every day consumer products and more. Not to mention, we've been hit by a pandemic that sort of reset most of our lifestyle and a recovery from all that have been the bases and its not coming off good still. A recession is sure to hot our world sooner than later and so, one has got to be making preparations when it comes because, it will come. Search out for opportunities and pick up your investments wisely.

I think recession is coming, globally or nationally, indeed, a recession has occurred, the state announced that the country was having difficulty paying debts so that many subsidies and public services were reduced, for example many street lights were turned off, but oil and electricity prices continued to rise, making the economic conditions that I feel even more difficult. .

[Mario Yamasaki]

I have felt the economic recession, a lot of prices that I usually buy or the necessities of life are now increasing significantly, besides that it is increasingly difficult to find sources of income, the number of large companies that do business from upstream to downstream makes the opportunity for supply raw materials more difficult.

[Zanab247]

I guess, the recession is here already, and we are about to get out from recession in the world, because the price of commodities has increased higher since governments put solution to pandemic  some months ago. Since the government are still working to take people out from this recession that is affecting many countries economy by creating a good environment for crypto users, and to make a strong demand from the central bank to print out huge amount of money that will make the citizens and their economy to function well again.

[odunybiz]

If the leaders of some countries are not ready to stabilize the economy their country e.g Nigeria, recession may set in soon.

[Darker45]

Well, economists are having different opinions. Some say yes while others say no. However, if we stick to the traditional and simple meaning of recession which is having a falling GDP for two consecutive quarters, then we probably had it after the first and second quarters.

However, those who say no are saying that what's actually happening currently are not indicative of a recession. Unemployment is actually falling to record lows, meaning, jobs abound. Industrial spending and production are also doing good.

But there is also high inflation and prices of goods and services are actually rising. People on the ground are actually having a hard time. Savings are now shrinking due to high living cost. Everything is getting more and more expensive. So while there are indeed jobs, salaries are not catching up with the higher cost of living.

On the other hand, there is actually growth in GDP in the third quarter.

Well, whatever, I guess the bottom line is how the people are actually feeling the economy right now. Regardless of what the economists say, if the people are having a harder time, then we are not doing good.