{"id":679,"date":"2022-04-28T21:53:21","date_gmt":"2022-04-28T21:53:21","guid":{"rendered":"https:\/\/eloquentgrammarsociety.com\/?p=679"},"modified":"2022-05-20T14:26:33","modified_gmt":"2022-05-20T14:26:33","slug":"we-are-in-a-recession-right-now","status":"publish","type":"post","link":"https:\/\/eloquentgrammarsociety.com\/index.php\/2022\/04\/28\/we-are-in-a-recession-right-now\/","title":{"rendered":"We are in a Recession Right Now!"},"content":{"rendered":"\n<p class=\"wp-block-paragraph\">A recession is calculated by two-quarters of declining growth, so we won&#8217;t know we&#8217;re in a recession until 6 months after it has already begun.  It was April 27, 2022, when I started writing this post. On April 28th the day I am posting this the <a href=\"https:\/\/www.wsj.com\/articles\/us-economy-gdp-growth-q1-11651108351?mod=hp_lead_pos2\" data-type=\"URL\" data-id=\"https:\/\/www.wsj.com\/articles\/us-economy-gdp-growth-q1-11651108351?mod=hp_lead_pos2\">US GDP announced it shrank<\/a>.  And the government has not begun to address the ongoing inflationary pressure on the economy. Now, this is no chicken little the sky is falling declaration, it&#8217;s just an observation of facts and a conclusion to the outcome of those facts.  <\/p>\n\n\n\n<ul class=\"wp-block-list\"><li>With stocks, the long-term issues are not resolved so any sort of weakness is being jumped on in the NASDAQ. <\/li><li>With the general economy, <a href=\"https:\/\/www.barrons.com\/articles\/inflation-consumer-spending-federal-reserve-51648730976\" data-type=\"URL\" data-id=\"https:\/\/www.barrons.com\/articles\/inflation-consumer-spending-federal-reserve-51648730976\">people are spending<\/a> less because inflation is high <\/li><li>The <a href=\"https:\/\/www.reuters.com\/world\/us\/early-signs-cooling-housing-market-seen-some-us-cities-redfin-says-2022-04-08\/\" data-type=\"URL\" data-id=\"https:\/\/www.reuters.com\/world\/us\/early-signs-cooling-housing-market-seen-some-us-cities-redfin-says-2022-04-08\/\">housing market is starting to cool down<\/a> not by much. <\/li><\/ul>\n\n\n\n<p class=\"wp-block-paragraph\">Below is just some random screenshots from Bloomberg of how the biggest publically traded company has fared Year-To-Date.  And some expectations for big tech. <\/p>\n\n\n\n<p class=\"wp-block-paragraph\"> <\/p>\n\n\n\n<figure class=\"wp-block-image size-large\"><img data-recalc-dims=\"1\" loading=\"lazy\" decoding=\"async\" width=\"640\" height=\"365\" src=\"https:\/\/i0.wp.com\/eloquentgrammarsociety.com\/wp-content\/uploads\/2022\/04\/Screen-Shot-2022-04-21-at-6.46.38-AM.png?resize=640%2C365&#038;ssl=1\" alt=\"\" class=\"wp-image-682\" srcset=\"https:\/\/i0.wp.com\/eloquentgrammarsociety.com\/wp-content\/uploads\/2022\/04\/Screen-Shot-2022-04-21-at-6.46.38-AM.png?resize=1024%2C584&amp;ssl=1 1024w, https:\/\/i0.wp.com\/eloquentgrammarsociety.com\/wp-content\/uploads\/2022\/04\/Screen-Shot-2022-04-21-at-6.46.38-AM.png?resize=300%2C171&amp;ssl=1 300w, https:\/\/i0.wp.com\/eloquentgrammarsociety.com\/wp-content\/uploads\/2022\/04\/Screen-Shot-2022-04-21-at-6.46.38-AM.png?resize=768%2C438&amp;ssl=1 768w, https:\/\/i0.wp.com\/eloquentgrammarsociety.com\/wp-content\/uploads\/2022\/04\/Screen-Shot-2022-04-21-at-6.46.38-AM.png?resize=600%2C342&amp;ssl=1 600w, https:\/\/i0.wp.com\/eloquentgrammarsociety.com\/wp-content\/uploads\/2022\/04\/Screen-Shot-2022-04-21-at-6.46.38-AM.png?w=1336&amp;ssl=1 1336w, https:\/\/i0.wp.com\/eloquentgrammarsociety.com\/wp-content\/uploads\/2022\/04\/Screen-Shot-2022-04-21-at-6.46.38-AM.png?w=1280&amp;ssl=1 1280w\" sizes=\"auto, (max-width: 640px) 100vw, 640px\" \/><\/figure>\n\n\n\n<figure class=\"wp-block-image size-large\"><img data-recalc-dims=\"1\" loading=\"lazy\" decoding=\"async\" width=\"640\" height=\"331\" src=\"https:\/\/i0.wp.com\/eloquentgrammarsociety.com\/wp-content\/uploads\/2022\/04\/Screen-Shot-2022-04-26-at-6.19.38-AM.png?resize=640%2C331&#038;ssl=1\" alt=\"\" class=\"wp-image-680\" srcset=\"https:\/\/i0.wp.com\/eloquentgrammarsociety.com\/wp-content\/uploads\/2022\/04\/Screen-Shot-2022-04-26-at-6.19.38-AM.png?resize=1024%2C530&amp;ssl=1 1024w, https:\/\/i0.wp.com\/eloquentgrammarsociety.com\/wp-content\/uploads\/2022\/04\/Screen-Shot-2022-04-26-at-6.19.38-AM.png?resize=300%2C155&amp;ssl=1 300w, https:\/\/i0.wp.com\/eloquentgrammarsociety.com\/wp-content\/uploads\/2022\/04\/Screen-Shot-2022-04-26-at-6.19.38-AM.png?resize=768%2C397&amp;ssl=1 768w, https:\/\/i0.wp.com\/eloquentgrammarsociety.com\/wp-content\/uploads\/2022\/04\/Screen-Shot-2022-04-26-at-6.19.38-AM.png?resize=600%2C311&amp;ssl=1 600w, https:\/\/i0.wp.com\/eloquentgrammarsociety.com\/wp-content\/uploads\/2022\/04\/Screen-Shot-2022-04-26-at-6.19.38-AM.png?w=1426&amp;ssl=1 1426w, https:\/\/i0.wp.com\/eloquentgrammarsociety.com\/wp-content\/uploads\/2022\/04\/Screen-Shot-2022-04-26-at-6.19.38-AM.png?w=1280&amp;ssl=1 1280w\" sizes=\"auto, (max-width: 640px) 100vw, 640px\" \/><\/figure>\n\n\n\n<figure class=\"wp-block-image size-large\"><img data-recalc-dims=\"1\" loading=\"lazy\" decoding=\"async\" width=\"640\" height=\"216\" src=\"https:\/\/i0.wp.com\/eloquentgrammarsociety.com\/wp-content\/uploads\/2022\/04\/Screen-Shot-2022-04-22-at-8.33.11-AM.png?resize=640%2C216&#038;ssl=1\" alt=\"\" class=\"wp-image-684\" srcset=\"https:\/\/i0.wp.com\/eloquentgrammarsociety.com\/wp-content\/uploads\/2022\/04\/Screen-Shot-2022-04-22-at-8.33.11-AM.png?resize=1024%2C345&amp;ssl=1 1024w, https:\/\/i0.wp.com\/eloquentgrammarsociety.com\/wp-content\/uploads\/2022\/04\/Screen-Shot-2022-04-22-at-8.33.11-AM.png?resize=300%2C100&amp;ssl=1 300w, https:\/\/i0.wp.com\/eloquentgrammarsociety.com\/wp-content\/uploads\/2022\/04\/Screen-Shot-2022-04-22-at-8.33.11-AM.png?resize=768%2C258&amp;ssl=1 768w, https:\/\/i0.wp.com\/eloquentgrammarsociety.com\/wp-content\/uploads\/2022\/04\/Screen-Shot-2022-04-22-at-8.33.11-AM.png?resize=1536%2C517&amp;ssl=1 1536w, https:\/\/i0.wp.com\/eloquentgrammarsociety.com\/wp-content\/uploads\/2022\/04\/Screen-Shot-2022-04-22-at-8.33.11-AM.png?resize=600%2C202&amp;ssl=1 600w, https:\/\/i0.wp.com\/eloquentgrammarsociety.com\/wp-content\/uploads\/2022\/04\/Screen-Shot-2022-04-22-at-8.33.11-AM.png?w=1706&amp;ssl=1 1706w, https:\/\/i0.wp.com\/eloquentgrammarsociety.com\/wp-content\/uploads\/2022\/04\/Screen-Shot-2022-04-22-at-8.33.11-AM.png?w=1280&amp;ssl=1 1280w\" sizes=\"auto, (max-width: 640px) 100vw, 640px\" \/><\/figure>\n\n\n\n<p class=\"wp-block-paragraph\">Day 17 Writing Challenge <\/p>\n\n\n\n<figure class=\"wp-block-image size-large\"><img data-recalc-dims=\"1\" loading=\"lazy\" decoding=\"async\" width=\"640\" height=\"363\" src=\"https:\/\/i0.wp.com\/eloquentgrammarsociety.com\/wp-content\/uploads\/2022\/04\/Screen-Shot-2022-05-20-at-7.03.15-AM.png?resize=640%2C363&#038;ssl=1\" alt=\"\" class=\"wp-image-764\" srcset=\"https:\/\/i0.wp.com\/eloquentgrammarsociety.com\/wp-content\/uploads\/2022\/04\/Screen-Shot-2022-05-20-at-7.03.15-AM.png?resize=1024%2C581&amp;ssl=1 1024w, https:\/\/i0.wp.com\/eloquentgrammarsociety.com\/wp-content\/uploads\/2022\/04\/Screen-Shot-2022-05-20-at-7.03.15-AM.png?resize=300%2C170&amp;ssl=1 300w, https:\/\/i0.wp.com\/eloquentgrammarsociety.com\/wp-content\/uploads\/2022\/04\/Screen-Shot-2022-05-20-at-7.03.15-AM.png?resize=768%2C436&amp;ssl=1 768w, https:\/\/i0.wp.com\/eloquentgrammarsociety.com\/wp-content\/uploads\/2022\/04\/Screen-Shot-2022-05-20-at-7.03.15-AM.png?resize=600%2C341&amp;ssl=1 600w, https:\/\/i0.wp.com\/eloquentgrammarsociety.com\/wp-content\/uploads\/2022\/04\/Screen-Shot-2022-05-20-at-7.03.15-AM.png?w=1476&amp;ssl=1 1476w, https:\/\/i0.wp.com\/eloquentgrammarsociety.com\/wp-content\/uploads\/2022\/04\/Screen-Shot-2022-05-20-at-7.03.15-AM.png?w=1280&amp;ssl=1 1280w\" sizes=\"auto, (max-width: 640px) 100vw, 640px\" \/><figcaption>These stocks have been getting punished for quarterly misses<\/figcaption><\/figure>\n\n\n\n<figure class=\"wp-block-image size-large\"><img data-recalc-dims=\"1\" loading=\"lazy\" decoding=\"async\" width=\"640\" height=\"334\" src=\"https:\/\/i0.wp.com\/eloquentgrammarsociety.com\/wp-content\/uploads\/2022\/04\/Screen-Shot-2022-05-17-at-6.43.50-AM.png?resize=640%2C334&#038;ssl=1\" alt=\"\" class=\"wp-image-766\" srcset=\"https:\/\/i0.wp.com\/eloquentgrammarsociety.com\/wp-content\/uploads\/2022\/04\/Screen-Shot-2022-05-17-at-6.43.50-AM.png?resize=1024%2C534&amp;ssl=1 1024w, https:\/\/i0.wp.com\/eloquentgrammarsociety.com\/wp-content\/uploads\/2022\/04\/Screen-Shot-2022-05-17-at-6.43.50-AM.png?resize=300%2C156&amp;ssl=1 300w, https:\/\/i0.wp.com\/eloquentgrammarsociety.com\/wp-content\/uploads\/2022\/04\/Screen-Shot-2022-05-17-at-6.43.50-AM.png?resize=768%2C400&amp;ssl=1 768w, https:\/\/i0.wp.com\/eloquentgrammarsociety.com\/wp-content\/uploads\/2022\/04\/Screen-Shot-2022-05-17-at-6.43.50-AM.png?resize=1536%2C801&amp;ssl=1 1536w, https:\/\/i0.wp.com\/eloquentgrammarsociety.com\/wp-content\/uploads\/2022\/04\/Screen-Shot-2022-05-17-at-6.43.50-AM.png?resize=600%2C313&amp;ssl=1 600w, https:\/\/i0.wp.com\/eloquentgrammarsociety.com\/wp-content\/uploads\/2022\/04\/Screen-Shot-2022-05-17-at-6.43.50-AM.png?w=1596&amp;ssl=1 1596w, https:\/\/i0.wp.com\/eloquentgrammarsociety.com\/wp-content\/uploads\/2022\/04\/Screen-Shot-2022-05-17-at-6.43.50-AM.png?w=1280&amp;ssl=1 1280w\" sizes=\"auto, (max-width: 640px) 100vw, 640px\" \/><\/figure>\n\n\n\n<figure class=\"wp-block-image size-large\"><img data-recalc-dims=\"1\" loading=\"lazy\" decoding=\"async\" width=\"640\" height=\"363\" src=\"https:\/\/i0.wp.com\/eloquentgrammarsociety.com\/wp-content\/uploads\/2022\/04\/Screen-Shot-2022-05-12-at-9.27.52-AM.png?resize=640%2C363&#038;ssl=1\" alt=\"\" class=\"wp-image-768\" srcset=\"https:\/\/i0.wp.com\/eloquentgrammarsociety.com\/wp-content\/uploads\/2022\/04\/Screen-Shot-2022-05-12-at-9.27.52-AM.png?resize=1024%2C581&amp;ssl=1 1024w, https:\/\/i0.wp.com\/eloquentgrammarsociety.com\/wp-content\/uploads\/2022\/04\/Screen-Shot-2022-05-12-at-9.27.52-AM.png?resize=300%2C170&amp;ssl=1 300w, https:\/\/i0.wp.com\/eloquentgrammarsociety.com\/wp-content\/uploads\/2022\/04\/Screen-Shot-2022-05-12-at-9.27.52-AM.png?resize=768%2C436&amp;ssl=1 768w, https:\/\/i0.wp.com\/eloquentgrammarsociety.com\/wp-content\/uploads\/2022\/04\/Screen-Shot-2022-05-12-at-9.27.52-AM.png?resize=1536%2C872&amp;ssl=1 1536w, https:\/\/i0.wp.com\/eloquentgrammarsociety.com\/wp-content\/uploads\/2022\/04\/Screen-Shot-2022-05-12-at-9.27.52-AM.png?resize=600%2C341&amp;ssl=1 600w, https:\/\/i0.wp.com\/eloquentgrammarsociety.com\/wp-content\/uploads\/2022\/04\/Screen-Shot-2022-05-12-at-9.27.52-AM.png?w=1702&amp;ssl=1 1702w, https:\/\/i0.wp.com\/eloquentgrammarsociety.com\/wp-content\/uploads\/2022\/04\/Screen-Shot-2022-05-12-at-9.27.52-AM.png?w=1280&amp;ssl=1 1280w\" sizes=\"auto, (max-width: 640px) 100vw, 640px\" \/><figcaption>Sectors have been all down <\/figcaption><\/figure>\n","protected":false},"excerpt":{"rendered":"<p>A recession is calculated by two-quarters of declining growth, so we won&#8217;t know we&#8217;re in a recession until 6 months after it has already begun. It was April 27, 2022, when I started writing this post. On April 28th the day I am posting this the US GDP announced it shrank. And the government has [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":696,"comment_status":"open","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_feature_clip_id":0,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_post_was_ever_published":false},"categories":[68],"tags":[115],"class_list":["post-679","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-digital-nomad","tag-writing-challenge"],"jetpack_sharing_enabled":true,"jetpack_featured_media_url":"https:\/\/i0.wp.com\/eloquentgrammarsociety.com\/wp-content\/uploads\/2022\/04\/pexels-photo-6801872.jpeg?fit=731%2C1300&ssl=1","_links":{"self":[{"href":"https:\/\/eloquentgrammarsociety.com\/index.php\/wp-json\/wp\/v2\/posts\/679","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/eloquentgrammarsociety.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/eloquentgrammarsociety.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/eloquentgrammarsociety.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/eloquentgrammarsociety.com\/index.php\/wp-json\/wp\/v2\/comments?post=679"}],"version-history":[{"count":5,"href":"https:\/\/eloquentgrammarsociety.com\/index.php\/wp-json\/wp\/v2\/posts\/679\/revisions"}],"predecessor-version":[{"id":770,"href":"https:\/\/eloquentgrammarsociety.com\/index.php\/wp-json\/wp\/v2\/posts\/679\/revisions\/770"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/eloquentgrammarsociety.com\/index.php\/wp-json\/wp\/v2\/media\/696"}],"wp:attachment":[{"href":"https:\/\/eloquentgrammarsociety.com\/index.php\/wp-json\/wp\/v2\/media?parent=679"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/eloquentgrammarsociety.com\/index.php\/wp-json\/wp\/v2\/categories?post=679"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/eloquentgrammarsociety.com\/index.php\/wp-json\/wp\/v2\/tags?post=679"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}