Is the economy collapsing in real-time right now?

likefunny
Posting as :
works at
You are currently posting as works at

You can’t measure a collapse if they fire the people who measured it…

likefunnyhelpfulupliftingsmart

This!

Depends what you mean by real time since we can only really tell ex post facto, and the current administration seems pretty intent on obscuring the fact part of that phrase.

likehelpful

Trump is speed running a collapse.

likefunny

I sell things on eBay, Amazon and Shopify. The sales were pretty consistent until the middle of last month. All of a sudden, they’ve slowed down dramatically. A supplier I buy from is having their biggest sale ever. What I sell is not essential, so it seems that people are cutting back.

like

Funny enough, americans at record pace of generating new millionaires this year

like

Likely due to stock market valuations (and housing), which, as others have pointed out, doesn’t perfectly match the economic reality (or, at best, it is a lagging indicator as it takes time for market to absorb bad news…this is why crashes occur. Folks only find out it has hit the fan after the fact and sell off just then). We may find record numbers of folks losing their millionaire status soon enough (hopefully not!)

My personal brokerage portfolio calls BS.

My taxable brokerage portfolio is up 17% YTD and up over 6% in the past 2 weeks alone.

like

The stock market is not the economy.

like

If you drop the mic, it makes noises. If someone drops the economy, it should be easily to hear the noise, no?

Yeah it’s middling because of the disarray we are in. Imagine what it could have been if we had just operated with a laissez faire approach from the baseline of last year.

My accounts are all massively up, so whatever he is doing, its working

Where have you been the last 12 mos?

Related Posts

Anyone here who have given or know Core Java Developer Interview questions or topics for Netcracker for Experience Candidate

Hi,
I have applied for 3D artist, cleared the technical round and given interview round 1 ,2, and 3 , it's been 2 weeks , no response from the Amazon wether i m selected or not, hr didn't tell me what will the next process.. m bit of confuse and sad

like

My coworker constantly undermines me and makes me look bad in team meetings. Should I try and address this directly with them or should I go to my manager first?

like

What are some creative ways that I can reward my team? They've been working really hard lately and I want to show my appreciation

like

Did you/would you get booster during pregnancy?

like

What salary should a second year analyst make at ZS in Washington DC?

like

Anybody in performance consulting? How is the growth track? Do you end up leaving for a management position or elsewhere? Just got a pretty good offer as a senior consultant in OR

like

How do you single 🐟 find time to meet people and get to know them when working these crazy hours? Feel like I'm putting that part of my life on hold due to my job, and it's kind of freaking me out 😣

like

Without fail everyday around 4pm I encounter low-grade depression. This has been ongoing for years and I've tried to combat it through making plans, exercising etc... Anyone else experience this and found healthy solutions?

like

Fiancé’s milestone birthday coming up. We both love experiences and enjoy the city. Welcome all the help to make it special for her!

like

Does anyone have any recommendations for where to get a made to measure suit in Dubai? Would need to keep prices below 5k for a 2 piece.

like

Where is the sustainability sector headed in the Middle East, project wise?

like

Anyone else find that most companies hiring a PM, don’t actually know what a PM’s role/responsibilities are?

like

Any pgs, flats nearby opentext bangalore office??(near intermediate ring road)

like

Had 2 loop interviews today - first one went well, second horribly. What are you my chances of succeeding?

like

I am going to India for a month. May have to change my return date. Any suggestion on what insurance/other option to reduce the ticket update cost impact.

“It turns out that wealth does trickle down, you just have to make them bleed first”

I guess they didn’t like bleeding so they’re trying to manipulate the markets in their favor AGAIN.

Post Photo
like

Can we all agree that the wardrobe department for the new (and original) “Coming To America” slay it? I wish wardrobe on production could be as killer as them.

like

Anyone here whose joining is on 27th june?

like

What is it like working as a full-time graphic designer for a company (not an agency/firm)?

like

Additional Posts in Consulting

TFW you actually lost some weight since last two weeks even though it included a long weekend and n team dinners.

like

Any EY TAS folks done an international rotation? 6 months to a year or so

Etiquette question: how do I ask an alum PPED I’m hopping on a phone call with for a referral? (or do I not?) Thanks!

like

Anyone have any recs for self help books? Looking for more relatable topics to myself I guess?

like

Saturday night. It's me, my biryani and Netflix again. We need to break this cycle.

like

What is the value in professional certifications? ACCA, CFA, CIPD, etc.

like

Friday fuckers...the giving of zero fucks begins

like

Accenture folks, seeing lots of news about layoffs at other firms here. Are we in the same situation?

like

Went through an Accenture and passed the behavioral interview. Got a call from the recruiter saying the MD doesn’t think I have enough experience so they’re gonna stop the interview. Is this common?

like
funnylike

Odds of a Big 4 firm rescinding a verbal job offer? May need to commit to housing before I get final written offer. Bad idea?

like

STARTUP FOUNDERS and FAANG: would you rather hire MBB with 3-4 years of exp or Tier 2 with 5-6 years? If you could isolate those variables and everything else held constant.

like

Has anyone used gliders that stick on tyres of office chair, for better movement over the carpet?

like

What's the easiest Olympic sport?

Season finale of billions... 💸 #teamaxe

like

Houston downtown JW vs Westin.. Thoughts?

like

If anyone is graduating and needs a referral for a tech consulting position let me know

like

I am a recent college grad working in consulting under Internal Audit branch I absolutely hate it. I love the company any ideas as to how i should ask to switch divisions I’ve only been in the role 5 months

like

I tried asking this in my own bowl with no responses, so seeing if other consultants have run into this situation. I’m on parental leave, I got an offer for another firm, great opportunity and pay. How does one go about a resignation mid-leave when you would start the new job before the leave ends? Two weeks notice or just say I am not returning effective the day of the new job? Any things to consider besides potentially repaying the employer healthcare premium?

like

First year in consulting, is it worth purchasing a car this early? I’m living at home and about a 45 minute car ride away from my home office. Any suggestions? What have you done?

like

New to Fishbowl?

Download the Fishbowl app to
unlock all discussions on Fishbowl.
That was just a preview…
Sign Up to see all discussions
  • Discover what it’s like to work at companies from real professionals
  • Get candid advice from people in your field in a safe space
  • Chat and network with other professionals in your field
Sign up in seconds to unlock all discussions on Fishbowl.

Already a user?
Login here

Share

Embed this post

Copy and paste embed code on your site

Preview

Download the
Fishbowl app

See what’s happening in your industry
from the palm of your hand.

A phone with Fishbowl app

Scan your QR code to download
Fishbowl app on your mobile

Download app

Sign up for free to view this conversation on Fishbowl

By continuing you agree to Terms of Use and Privacy Policy

Already have an account? Log in

Sign up for free to continue using Fishbowl

By continuing you agree to Terms of Use(New) and Privacy Policy(New)
Messaging rates may apply

Already have an account? Log in

For account settings, visit Fishbowl on Desktop Browser or

General

Legal