Jobs expected 175K, Created 114K. Unemployment 4.3%. Economy Assamey

[akkum_bakkum]

48 minutes ago, Hitman said:

Rate Cuts + Cash on Hand = Will take real estate to New Peaks...    
దేశి లు కాసి కాసి గా ఉన్నారు Recession vaste 3rd house, 4th House , 5th house lu konadaaniki... ippudu market lo unna inventory saripodu. 

Bhayya...just think about it. Buying a 4th or 5th house you think will help when you are running out of money to pay for the 1st? Even then, 2-5 houses ki rent ki evadu raadu during recession....u wud then simply struggle to pay for all 4 houses and eat nothing. Perfect way to go broke.

Looks like none of you have seen 2008 type recession here...so all these kaburlu.

[Hitman]

4 minutes ago, akkum_bakkum said:

Bhayya...just think about it. Buying a 4th or 5th house you think will help when you are running out of money to pay for the 1st? Even then, 2-5 houses ki rent ki evadu raadu during recession....u wud then simply struggle to pay for all 4 houses and eat nothing. Perfect way to go broke.

Looks like none of you have seen 2008 type recession here...so all these kaburlu.

2008 US debt 10T, 2024 Debt 35T.  More than double.  If asset prices will crash like 2008, that will be Doomsday. it wont crash.  

[Pavanonline]

Jobless rates fall in July for Asian Americans, bucking the overall trend

[akkum_bakkum]

1 hour ago, Hitman said:

2008 US debt 10T, 2024 Debt 35T.  More than double.  If asset prices will crash like 2008, that will be Doomsday. it wont crash.  

Again, asset value is different from sustaining the asset.

[Mancode]

cut the interest rates,and make it 2% from 7.5% and stop wars, done market jai ani lesthadi and everyone have better chance to get jobs

[ButtonMohanReddy]

2 hours ago, Hitman said:

Rate Cuts + Cash on Hand = Will take real estate to New Peaks...    
దేశి లు కాసి కాసి గా ఉన్నారు Recession vaste 3rd house, 4th House , 5th house lu konadaaniki... ippudu market lo unna inventory saripodu. 

What about chinkis ba

[JANASENA]

5 minutes ago, ButtonMohanReddy said:

What about chinkis ba

They always have 1M alteast in Liquid cash

[Hitman]

5 minutes ago, ButtonMohanReddy said:

What about chinkis ba

Chinkis are in Crisis. No cash on hand. 

[ChillDude]

Chr kout Sahm rule chart during previous recessions from 1953 to 2024 how accurate it was

 https://www.marketwatch.com/livecoverage/jobs-report-for-july-employment-growth-seen-slowing-with-hurricane-providing-a-drag/card/the-sahm-rule-is-officially-triggered-tvQVLLwkOPdqTIA45gsP

[Hitman]

1 minute ago, ChillDude said:

Chr kout Sahm rule chart during previous recessions from 1953 to 2024 how accurate it was

 https://www.marketwatch.com/livecoverage/jobs-report-for-july-employment-growth-seen-slowing-with-hurricane-providing-a-drag/card/the-sahm-rule-is-officially-triggered-tvQVLLwkOPdqTIA45gsP

unemployment  has to cross 5.5%. Sahm Rate has to cross .5.   

[Gaali_Gottam_Govinda]

Ee Biden sannasi gaadu..... Illegal and legal visas ni panchukuntu poyadu last 4 years...... dhed dhimag gaadu. 

ye Univ lo choosina MS students 3000-8000 unnaru currently in the middle of program. 

Veelaki next 1-2 yrs chukkale. Most of them coming from poor to middle class families with loans on their head..... they will likely self deport if recession hits. I personally know 4 MS students who are on bench for last 1 year. 

Mestris gallaki pandage... many are very desperate.... 

[dreamchaser]

16 minutes ago, Gaali_Gottam_Govinda said:

Ee Biden sannasi gaadu..... Illegal and legal visas ni panchukuntu poyadu last 4 years...... dhed dhimag gaadu. 

ye Univ lo choosina MS students 3000-8000 unnaru currently in the middle of program. 

Veelaki next 1-2 chukkale. Most of them coming poor to middle class with loans..... they will likely self deport if recession hits. I personally know 4 MS students who are on bench for last 1 year. 

Mestris gallaki pandage... many are very desperate.... 

2008 year recession time lo nenu MS first year unde.saw almost 90% of seniors were on bench for 1.5 years.Number of indian students at that time was about 50k.Now it is 250k.

[copypasta]

1 hour ago, Hitman said:

unemployment  has to cross 5.5%. Sahm Rate has to cross 

just lookt at FRED database, and rn the Sahm rule has passed the half a percentage point threshold (0.53). NOW, this is a MAJOR cause for concern and historically it has been an indicator of an upcoming recession. The Sahm had also reached that level (like about a month or two) right before the 2008 recession, the 2001 crash, and the 1990s recession just to list a few examples.

[Hitman]

39 minutes ago, dreamchaser said:

2008 year recession time lo nenu MS first year unde.saw almost 90% of seniors were on bench for 1.5 years.Number of indian students at that time was about 50k.Now it is 250k.

I remember, my brother got job as maintenance supervisor for Apartment complex where he was renting in...