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Has the U.S. economy reached a turning point?

36 点作者 MilnerRoute超过 1 年前

11 条评论

friend_and_foe超过 1 年前
Why is it when we talk about the economy we always talk about investors? The economy is about <i>resource distribution.</i> The whole point of this thing is to find optimal distribution of resources. By that metric the thing is currently pretty unhealthy.<p>An investment is supposed to be a way to allocate capital that serves the needs of someone so that they pay you for it. The &quot;serves the needs of someone&quot; part seems to be entirely overlooked as of late, and the goal now seems to be to monetize everything to beat monetary inflation, it seems to me the entire economy has devolved into a greater fool game.<p>People can&#x27;t afford to live in homes. Take a moment to imagine how absurd such a statement is, but that&#x27;s the world we live in. A combination of construction costs, restrictions on use and building, mortgage rates and municipal property taxes are making houses unaffordable, but someone out there is willing to buy them up and leave them empty.<p>I&#x27;d argue that the fact that the economy doesn&#x27;t work for about half of all it&#x27;s participants is a key indicator that the economy is doing very badly. This cannot continue, and we can keep massaging things to make numbers look good, talking about how well the balance sheets of corporations are looking, the reality out here in the real world is that nobody can afford anything and there&#x27;s no way to get ahead anymore while maintaining your integrity. Something&#x27;s going to give eventually.
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jmpman超过 1 年前
Housing is not healthy, and the commercial real estate sector is about to implode. This analyst is a bit too rosy. But I’d like to believe.
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MilnerRoute超过 1 年前
<i>&quot;A year ago, income gains were being wiped out by high inflation. Not anymore. Since last year, inflation-adjusted hourly earnings have gone from worst to first, reaching the top quartile of all readings going back to 1965.&quot;</i>
happytiger超过 1 年前
I hate it when company PR and advertising makes it to hacker news as “news.”
nelox超过 1 年前
Every point in an economy is a turning point
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ljsocal超过 1 年前
The only interesting thing here is that even after multiple millennia of evidence that predicting the future is not possible, humans still want to predict or buy predictions.
tick_tock_tick超过 1 年前
It seems so. Currently, all signs point to us entering the second year of another massive bull run.
metadat超过 1 年前
Layoffs are still rampant...<p>Edit: rajut, 100% spot on. If not tech, then what industry is better in the long-term?
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anonreeeeplor超过 1 年前
This is not a good article.<p>The smartest people I know are saying that the FOMC decided to pause and that means the recession is locked in.<p>When they are done hiking it means they will next slowly start to unwind.<p>Or rapidly unwind and start printing again if things really start to fail.
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miked85超过 1 年前
A turning point for the better? It certainly doesn&#x27;t seem like it.
Racing0461超过 1 年前
wasn&#x27;t worried about the recession so far. now i&#x27;m scared.
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