Saw a JPM chase OP on here. Can you guys comment on what you’re seeing recession/depression wise. Saw a post today that said recession was “near”. It already seems like it’s “here"

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You think the entry level business analyst has some kind of incredible foresight because they work at JPM or do you think that's Jamie Dimon's account? You really are doing KPMG proud.

likefunnyuplifting

Savage

Recession is defined by two successive quarters. It isn't here, but it will be soon.

likesmarthelpful

Hi OP, the recession is already here. Each month is 8% of the year (no seasonal adjustment ofc), March was a lost month, so will be April, everything’s closed and will be for at least the next 30 days. The recession is very much “here”.

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See previous comment. Definition is contraction for two successive quarters so no we are not there yet.

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