This is not what a recession looks like | Jurrien Timmer market commentary | Fidelity

unemployment is low because people have stopped looking for jobs, consumers are spending money on neccessaties, not amenities, job growth is mostly in service industries (hourly wages) or specialized blue collar skilled labor, Inflation is almost 10%, and will climb higher, energy costs are tripled what they were 2 years ago, the cost of buying a home has skyrocketed, as has the cost of feeding your family, coupled with random shortages of random goods on the shelves (one week it can be cereal, the next it can be eggs). Middle class retirement portfolios have lost between 15 to 25% of their value in just 18 months, The cost of EVERYTHING has grown by 25% overall.

Mr Chu, I was born at night, but it was NOT last night. I do not know what definition you use, but no matter how you try to redefine a thing - the definition of a reession has always been 2 consecutive quarters of negative growth. EVERY single Administrative economist is on record as recently as 2012, stating "the technical definition of a recession is 2 consecutive quarters of negative GDP growth". Please go blow some smoke up someone elses ass, because I know what a recession feels like, and it feels just like today.