Smallbiz Brainiac

142: How HR Should Prepare For A Recession – Part 3

Informações:

Synopsis

https://finance.yahoo.com/news/the-fed-caused-93--of-the-entire-stock-market-s-move-since-2008--analysis-194426366.html (Yahoo Finance reported) in 2016 that 93% of the entire stock market move since 2008 was caused by Federal Reserve policy. In parts 1 and 2 we learned that a recession is a significant decline in economic activity spread across the economy, lasting more than a few months. We also learned there’s NOT a consensus among economists about how to calculate if we are in one. Besides, all the major players, using the traditional measures, missed calling the last recession… the Great Recession. So it’s probably a good idea to look to those who did call it, and see what measurements they take. I’ve been calling these non-traditional recession indicators. In this episode we’ll wrap up the argument… the argument being that we are very close to another recession, and that this one will be much worse than the last one, by looking at a few more “measuring sticks”. Retail Store C