Textbook recession: 2 consecutive quarters of negative real GDP
Textbook depression: 12 consecutive quarters (3yrs) of negative real GDP
๐บ๐ธ currently in 9th consecutive quarter of negative real GDP โ ๏ธ
— CJK (@CJKonstantinos) August 29, 2024
31% of parents say they are unable to afford back-to-school shopping for their kids this year, per Credit Karma.
— unusual_whales (@unusual_whales) August 29, 2024
Americans are abandoning the megamansions and opting instead for smaller spaces amid rising cost, per NYP.
— unusual_whales (@unusual_whales) August 29, 2024
Banks Borrow 36.6bn $GBP in #BOE short term REPO operation
A couple of pinches less than last week, liquidity doesnโt worsen
Narrator: almost month end, they must have window dressed cash from somewhere else bro ๐๐ป t.co/Y1aJHDpjyJ
— JustDario ๐โโ๏ธ (@DarioCpx) August 29, 2024