No. Recession has a specific definition, and none of those are criteria.
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Right, because Americans aren’t really hurting unless it’s an OFFICIAL recession. Thanks Joe, Thanks Kamala for managing to decimate the economy and bring millions of Americans to the brink of ruin but not taking us into a prolonged economic disaster that hasn’t yet been called a recession. You two are truly masters of incompetence!
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the united states economy is growing.
there is a recession in some states (upper midwest) but the overall country, no. new york, california and texas are not in recession.
Allan
My record is much worse, but I recognize my shortcomings and try to avoid making predictions. Maybe I should try your detox method . . .
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Much to Trumplican"s dismay, we are not in a recession. Great job rooting against your fellow Americans though. 
Depends on if you’re poor or not.
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I suspect this recession will be on the level of the 2008 recession.
Don’t see how it can go any other way with the bat ■■■■ crazy way biden/harris have spent money and governed.
Open borders for example have cost us a ton of money and don’t get me started on all the criminal acts Americans have suffered thru from illegals.
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Democrats don’t care.
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I hope you’re right but I’m more pessimistic here. Right now 2/3 of Americans are living paycheck to paycheck and racking up credit card debt like never before. Interest rates are at 40 + year highs and the FED is not showing any signs of lowering them. The stupid Libs have created a vicious cycle. Americans are being forced to spend everything they have, plus credit card debt just to survive. The forced spending creates the illusion of prosperity and a great economy so interest rates remain sky high, yet Americans can’t stop spending and adding credit card debt because the damn high interest rates keep eating up more and more of their money. If the FED would lower interest rates and allow Americans to catch up and actually start paying their debt down, spending would slow on its own. I tend to believe the idiots at the FED are communists like Commie Laharris and are trying to collapse the economy. Funny, their poverty inducing policies always seem to coincide with Democrat administrations.
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Facts suck for the right…
Those are the only economic metrics that should matter, which is why Democrats and their voters won’t discuss it.
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No the economy is not (yet) in recession.
- I keep trying to think-up a Jenga Tower analogy, but fail because that would imply I think there is a super-mega-crash coming.
Here is a picture of the real (Infl-adjusted) GDP.
Pre-CoVID and post-COVID look pretty much the same, right?
If that is all there is to it, if we pretend nothing else has changed then we can pretend there is no recession now and other is no recession looming.
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But in fact, the post-COVID GDP is sustained by some unsustainable (and potentially dangerous) things. When those unsustainable things are no longer sustained, the problems will be undeniable.
As Warren Buffet says “When the tide goes out you discover who’s been swimming naked.”
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Well that’s fine, but we need to come to a common definition of the word so we all are discussing the same thing. As it is right now, the answer to the question posed in the OP is: “no, we are not in a recession”. I’d be all for reworking how me determine things like GDP and recession.
That was a rough recession.
Are you thinking Depression? 
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Careful though, you’ll surely end up noticing how the people you once thought were intelligent and insightful are really just petty little nobodies with a chip on their shoulders, lying their asses off to score virtual points on a digital soapbox.
It becomes a clown show for your cheap amusement, and there’s no going back to being a stupid lemming. 
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What the clowns in Washington are doing is unsustainable. It is impossible to spend yourself into prosperity. There are several factors here that are coming together. Not only is the government racking up debt at staggering levels, but Americans are as well. Artificially raising wages is not really helping the problem. Think of the 20 dollar minimum wage in California. Under no circumstances is flipping burgers a 20 dollar an hour skill. I live in Indiana, and eating out, even at McDonalds, has become a luxury for me and my wife.
On top of debt is trillions in unnecessary spending. The average Lib doesn’t understand or perhaps care, that government does not create wealth. The Libs at the top do though. Printing money is driving inflation and maintaining the level of inflation to 40 year highs. Idiot Lib voters ( I know, that’s redundant) ought to be paying attention to the number of businesses declaring bankruptcy or going out of business. Restaurants are getting hit hard, and restaurants that are still in business are having difficulty in finding workers. I have yet to see illegals at the drive up windows, so when a restaurant closes, it’s Americans losing jobs. And it isn’t just restaurants closing. Dollar stores, and even Walmart are shutting down in many areas. I believe a lot more jobs are going to be lost by Americans, and soon.
This isn’t an accident. The Communists running the country know that a prosperous middle class is the greatest hindrance to them gaining absolute power. Harris and her new lap dog Walz are full tilt Communists, as are the puppeteers pulling their strings. They wouldn’t hesitate to push us into a depression. Prosperity equals freedom and doesn’t foster trust and dependence on government, so as long as prosperity exists outside their elite bubble, they’ll do whatever is necessary to destroy it ( which is another huge reason they’re flooding us with illegals.)
As much as I hope Trump wins, which is not at all certain, the best we could get from him is a temporary respite from the destruction that Libs have brought down upon us. The problem is they have the minds of our youth, and they’ve so successfully stupified them that they’ll blissfully vote themselves into poverty and bondage.
The only real hope would be a revival. Another great awakening as happened in the 18th and 19th centuries. Proverbs declares that fear of the Lord is the beginning of knowledge AND wisdom. Too many have abandoned God. They know nothing and they don’t care, and they don’t care that they don’t know. Not a scenario that’s going to restore us to the greatness Trump aspires to, but, One day at a time…
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Mr Wonderful last year predicted a meltdown around October. Looks he is right.
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When in doubt, zoom out.
This is a three-month chart of the QQQ (which is basically a stand-in for tech stocks)
You might have heard there has been a lot of activity in the past few days,
but the “violent swings” of the past few days fit right into into the big picture almost like nothing new is happening at all. Seems to be just a more-rapid part of a clear and distinct overall trend.
