Welcome to DU! The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards. Join the community: Create a free account Support DU (and get rid of ads!): Become a Star Member Latest Breaking News Editorials & Other Articles General Discussion The DU Lounge All Forums Issue Forums Culture Forums Alliance Forums Region Forums Support Forums Help & Search

General Discussion

Fiendish Thingy

(22,268 posts)

7. When did Biden have two neg Quarters?

Reply to WarGamer (Reply #3)

Sun Apr 13, 2025, 07:46 PM

Apr 2025

I seem to recall the numbers being revised (as they often are) and that’s why no recession was called.

In any case 2Q’s of neg GDP are foundational components of a recession, whatever else is included in the assessment.

Edit history

Please sign in to view edit histories.

Recommendations

0 members have recommended this reply (displayed in chronological order):

32 replies

= new reply since forum marked as read

Highlight:

We are in a recession [View all] WSHazel Apr 2025 OP

Trump::: "Only the weak will fail." --- 'It's your fault, peasant.' Norrrm Apr 2025 #1

Quite possibly true, although won't be officially called until sometime in Q3 Fiendish Thingy Apr 2025 #2

Not just two negative GDP quarters... WarGamer Apr 2025 #3

When did Biden have two neg Quarters? Fiendish Thingy Apr 2025 #7

Here's the headline of the time. WarGamer Apr 2025 #10

Stock market tanked in 2022 MichMan Apr 2025 #27

The market will not care what he calls it. WSHazel Apr 2025 #4

The contraction likely began mid-to-late February, march was worse, and the tariff nonsense is just a disaster. unblock Apr 2025 #5

I agree it started in Q1 Fiendish Thingy Apr 2025 #6

Putin has ordered Donnie to inflict maximum pain. unblock Apr 2025 #13

Well, he is certainly solidifying China's position as world power. travelingthrulife Apr 2025 #24

I'm don't think Donnie has a clue. unblock Apr 2025 #25

you need to start posting more, WSHazel Skittles Apr 2025 #8

Thank you WSHazel Apr 2025 #14

scary times Skittles Apr 2025 #17

I am more corporate finance WSHazel Apr 2025 #19

it's getting crazy! Skittles Apr 2025 #30

Note a very subtle difference in meaning. Igel Apr 2025 #9

When Black Rock's CEO states we may be in a recession WSHazel Apr 2025 #15

We are only in the late 2007 chapter of this one. roamer65 Apr 2025 #11

Yes, we're in the "Creaking Noises Coming From 2 Bear Stearns CDO Funds" Phase. hatrack Apr 2025 #12

I wish I could rec this more than once WSHazel Apr 2025 #16

The liquidity crisis in the next few weeks or less. roamer65 Apr 2025 #18

what does that mean? onethatcares Apr 2025 #20

How is he defining "recession"? onenote Apr 2025 #21

Normal definition WSHazel Apr 2025 #23

NBER defines recession differently, and more reasonably from an economist's perspective. unblock Apr 2025 #26

Pretty much all my retirement is in Wall Street... Happy Hoosier Apr 2025 #22

Looking at my losses, I believe we are in a recession. Emile Apr 2025 #28

Cnbc's David Faber and Steve Liesman have been honest flamingdem Apr 2025 #29

CNBC was cheerleading for Trump in January WSHazel Apr 2025 #31

They see what his policies are doing to the stock market flamingdem Apr 2025 #32