#recession

21 posts · Last used Oct 01

"If it wasn't for the data center boom, the US economy🚨would likely be in a deep #recession. It's no wonder that #Trump is going all in for them; he has nothing else to keep the #economy humming." -C Owiki " #DataCenters are booming. 🚨All other private #construction is shrinking." #AI companies🚨will need to find at least $4.2T a year in new revenue by 2031 to pay for their data center buildout, per Bain & Co. Despite the AI boom,🚨Silicon Valley is shedding #tech #jobs." -S Rattner #USPol
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US Republicans have given away billions in #tax money towards "farm subsidized" #soybeans that are sold to #China as they scream #socialism like they scream #recession or "build the wall". Like wounded animals with no idea how to stop the pain of their own instincts. #USPol #MAGA#premarket#investing#CNBC#Squawkbox#NoKings
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US corporate media overlords and the oathless charlatans at the #CNBC bordello didn't invest on "hope" the entire 4 years during the #Biden administration as they were "shocked" at how "resilient" the "US Economy" was under a stable #POTUS. Yet, they would say #recession many times during their weekly broadcast. They don't say that word when the pedophile they voted for is POTUS and I find that dishonest or incompetent. #USpol#premarket#investing#JoeKernen#Squawkbox#NoKings
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The #AI boom is transforming one of the biggest deflationary forces🚨into a key source of US #INFLATION: Import prices for comp & elect prods surged +7.4% in:🚨1st 6 months of 2026, to 77.1 pts -highest since Jan 2016. This also marks a +8.0% YoY jump,🚨the largest annual increase on record. Historic reversal: from a downtrend *persisted for >2 yrs. AI inv boom:🚨is straining MFG cap for semis, servers... as cos race to build out AI infra regardless of cost. -Kobeissi L #Economy #Recession #USPol
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"Despite concerns from debt hawks:🚨US govt is continuing to borrow: for the fiscal year of 2026 so far, the fed #deficit: totaled just under $1.4T. The 1st 9 months of this fiscal year (beg in Oct)🚨have now surpassed the borrowing levels of 2025, when deficits totaled just >$1.3T for the same period. At the time of writing, the total US nat #debt sits at $39.4T." Why the #economy isn't in a #recession, yet *dangerous & unsustainable. #Trump's set🔥to everything. #USPol
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Their entire pump and dump #MAGA hype at #CNBC is caught and it's obvious. Their "Trump Bump" is a complete failure. The MAGA loyalists drained all value out of US markets with the decline in the dollar value since Trump took office. The #stigma on #Squawkbox and anything Trump is likely permanent now. Congratulations #JoeKernen. All that screaming #recession for naught. #Squawkbox#premarket#investing
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"A🚨DISAPPOINTING JOBS REPORT. The US #economy added 57,000 #jobs in June (below expectations of 115k).🚨Hospitality jobs decline by -61k. Plus, April & May were revised lower by -74,000. The unemployment rate fell to 4.2%➡️the lowest in a year, but mainly due to a big drop in ppl job hunting. Bad news:🚨#Wages aren’t keeping up with inflation. Wage gains were 3.5% in the past yr:🚨below ~4% #Inflation -H Long The World Cup was supposed to⬆️jobs, but Trump... #ETTD #Deportations #Recession #USPol
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The #Labor Dept said Thurs that the #unemployment rate declined to 4.2% from 4.3% in May, though the decline mostly occurred because many people out of work gave up looking & were no longer counted as unemployed. The figures suggest companies remain wary of the #economy’s health, with #inflation at a 3-year high & consumer confidence near post-pandemic lows. The #jobs gains initially reported in April & May were also revised lower. #CostOfLiving #affordability #trumpcession #recession #trump
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RE: https://flipboard.com/@cbcnews/canada-1akomc2pz/-/a-iV98VnHOTuCOulvDJOoOQw%3Aa%3A107108217-%2F0 The #Conservative Party of #Canada published an #AI generated ad about #poverty and #recession, despite the AI industry being both one of the leading drivers of #unemployment and one of the leading drivers of #inflation and increasing costs of living. “The medium is the message,” as McLuhan wrote. The use of a poverty-generating technology to produce the ad reveals the real message: The CPC is pro-mass-layoffs, pro-cropland-displacement, pro-electricity-inflation, pro-drought, and pro-impoverishment. Their pretence of concern about working Canadians' economic conditions is a manipulative and exploitative lie. Their hypocrisy is ripe. The Liberals are conservative (hence #Carney enacting #neoliberalism), and the Conservatives are fascist. #cdnpoli #CPC #technicalRecession #CBC #NDP #GreenParty
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The Conservative Party recently released an AI-generated ad. How do voters feel about this kind of content? https://www.cbc.ca/news/politics/conservative-ai-ad-targets-carney-9.7240936?utm_source=flipboard&utm_medium=activitypub Posted into Canada @canada-cbcnews
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#JoeKernen told me there would be #recession nearly every day until 2025. #JoeBiden#POTUS#CNBC#Squawkbox#premarket#investing
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Global economy choking as US-Israel-Iran war ignites markets The Strait of Hormuz — through which 20% of the world's oil flows — is paralyzed after Iranian retaliation strikes. Hundreds of tankers stranded. Brent crude surged to $90. European spot gas prices jumped 80% in days. Industrial impact: Qatalum aluminum plant halting production. Aluminium Bahrain declares force majeure. Gulf nations produce 8% of global aluminum — prices soaring. Semiconductor supply chains threatened: helium (critical for chip manufacturing) has no substitute. Tech: Drone attacks damaged Amazon data centers in UAE and Bahrain. Foxconn chairman warns of broader impacts. Airlines: Wizz Air warns $58 million profit hit. Stocks crashing. Recession risks: Morgan Stanley warns "recession scenario." Goldman: $100 oil slows global growth by 0.4%. Barclays: earnings expectations will be revised down. Real cost: US gas $2.98→$3.32 in one week. German economy faces €40 billion loss over two years if oil hits $100. French industries cutting production. We condemn the Trump administration for launching war without calculating consequences. We condemn the Netanyahu government for regional escalation. We condemn the military-industrial complex profiting while ordinary people pay double for fuel. We condemn a financial system that lets politicians play soldiers while economies burn. Washington lit the fire. Now the whole world burns. https://newsgroup.site/%d0%b2%d1%96%d0%b9%d0%bd%d0%b0-%d1%81%d1%88%d0%b0-%d1%82%d0%b0-%d1%96%d0%b7%d1%80%d0%b0%d1%97%d0%bb%d1%8e-%d0%b7-%d1%96%d1%80%d0%b0%d0%bd%d0%be%d0%bc-%d0%bf%d1%96%d0%b4%d0%bf%d0%b0%d0%bb%d0%b8%d0%bb/ #Economy #OilPrices #Inflation #Recession #StraitOfHormuz #WarEconomy
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Global economic outlook: soft landing or recession? Key factors: — Inflation remains above 2% targets despite peaking — Central banks keep rates high, lag effects still coming — Germany and UK near technical recession — China slows amid property crisis and weak demand — Geopolitical risks (Ukraine, Middle East) threaten energy Optimists point to resilient labor markets, steady consumer spending, and stabilized energy prices. Pessimists warn of delayed rate impacts and credit tightening. For investors: diversification across quality companies, real estate, gold, and geographic regions remains essential. #GlobalEconomy #Recession #SoftLanding #Investing #Markets
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