I have heard from some buddies in banking that a big US recession is looming several months away. Anyone else hear any analysis?

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Um yeah. Negative interest rate, lack of banking revenue streams, unemployment low but # out of the labor force at an all time high, % of income to rent and debt way too high, housing bubble going to burst again when rates start to increase, etc. I'm cynical but def think we are in for a tough economic cycle since Consulting is a predictive indicator and the Big4 are soft

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Yes, good chance we've already entered it. We have a recession every 7-10 years.

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"But my stocks are all green", the famous last words

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My prediction is the stock market is due for a correction. Housing in most places has recovered $ wise, but in real dollars is definitely not at the peak. Except SF, so enjoy that tech stock crash that will lead to a housing price decline there! Slow rise in interest rates could be offset by lower taxes and boost in infrastructure spending. Biggest uncertainty is whether Trumpkin and his enablers in Congress mismanage the economy or drive us into another dumb draining war (again).

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I bought my house about 2 years ago, first home - it's tiny but mine. Thinking of selling though to reap the bubbles high before it bursts.

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Oh for crying out loud, do not listen to pwc1. Keep your head down, invest as before, this is nothing to panic about. Economic cycles happen.

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If you panic in regards to pessimistic expectations it'll be a self fulfilling prophecy and further hurt the economy.

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A decline in growth. Expected, cyclical, and nothing to freak out over.

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We're overdue. Surprised it hasn't happened yet.

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Too much free money floating around from low rates. The market is going to self correct as rates start to rise again

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💰time to buy gold!💰

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So index funds and hold off on the house, got it.

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E1, any plans to consider? Someone told me to hold off buying a house for a year or 2 because I could get a great deal soon

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This bubble might not impact housing as much as the last one did, buy index funds.

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The black swan is dollar. If it collapses the world will be in for a serious re-making. You could see your precious 401k not even worth a value meal (without extra cheese)

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So are you saying I should start taking profits and sell my stocks ?? But they are all green!!

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Correction booz1*

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ITT: Idiots

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A recession isn't a fucking hurricane you can't plan for it to come "in a few months". It's not "looming".

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D 1 - how do you define recession ?

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Hi all ,
I have cleared my 2 technical rounds for quantiphi and last Monday had discussion with HR. She told that she will get back in 2 day which she didn't. I called her she said she will update me later which she didn't. I called her today where she said it will take time . Please tell me whether is it fine ?

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Hi all,
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Due to a family situation we are looking to move to a different state. Normally we would sell our current home and buy a new home in our new location. However, with todays prices and interest, will it make more sense to rent out our current home and rent a home ourselves vs. selling and buying immediately when we move? We are moving from Vegas to Sacramento and we are not sure how long we would stay in the new area. Thoughts?

Can I bring my parents and sibling also in relocation reimbursement and also for the hotel accommodation?

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Infosys Limited Hi Fishes , my LWD at infosys was on 06 october . I have still not received nills clearance yet . Even after multiple remainder mails from my personal email Id and from final clearance team to bills clearance , no action is being taken . is there anything else i could do here ? Infosys Limited Infosys

Do we need to carry print out of offer letter on first orientation day?

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It’s hard to be motivated when rounds of layoffs happen and you see all your friends leave. But one thing that’s gotten me through all of this is working out. And when I say workout I mean the most pathetic, sad, barely completed beginner-level cardio dance routines. I’ve somehow forced myself to move while on lockdown and it’s somehow forced me to feel better. Whatever you’re doing, wherever you are: get up and move even if you don’t finish or end up going on a walk. Pls take care of yourself❤️

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I have an offer in hand from 1 org and negotiating with another for a better pay.
However the other organisation is asking to share the offer letter.
Should I share?

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EY Morgan Stanley

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Started using this app two months back, once I get first offer.. after getting lot of knowledge and help from this app. I am joining one of the product based company.

Thanks a lot for all whoever help others

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What's the variable component in s&p global , HR is saying only fixed component will be mentioned in offer. Pls guide...

Hi Sharks,

Has any of you attended interview with ServiceNow company? I am shortlisted for second round, want to know what to expect in 2nd round and what to prepare.

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How much does it cost to buy into Big 4 as a partner?

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I have an interview Bloomberg for sales and analytics, can anyone give insight to what to expect at the super day?

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Working at Deloitte soon! I read the benefits but I’m still a student and don’t really understand what benefits are good and just mediocre. Is the benefits and rewards at Deloitte ACTUALLY good? Any tips to maximize on the benefits? Advice for a new grad hire plz 😭

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Anyone here have an uncommon car? I have one friend with a Honda S2K and another with a Lotus Evora. Not the most expensive but you definitely don’t see them everyday

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Starting pay for Randstad for Google sourcing/recruiting?

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Hi Fishes,
Good day!
Can you please refer me in your company for Automation QA role?
Location - Mumbai
Exp - 7 years
Skills- Selenium, Java, Cucumber, Automation and Manual Testing

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