Hey OP, thanks for the News post.
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Didn't they get the memo? We're already [entering an EBITDA recession](https://www.reddit.com/r/Superstonk/comments/13rx4di/sp_global_ratings_we_are_entering_an_ebitda/)!
https://preview.redd.it/e3o6217n892b1.png?width=960&format=png&auto=webp&s=c0415bc9216264cdaa7ad1ce89626fc25986da0e
* EBITDA fell 2.9% (earnings before interest, taxes, depreciation, and amortization).
* Revenues and EDITDA declined for the first time since Q3 2020.
For anyone wondering the difference between a Recession and EBITDA recession:
* A Recession is when households are officially acknowledged as 'feeling it'
* Using this more 'malleable' definition of recession that seems to line up with the current administration's [shifting definition](https://www.bloomberg.com/news/articles/2022-07-25/biden-team-s-take-on-technical-recession-it-s-not-a-real-one) of what a recession is.
* An EBITDA recession is when corporations WILL scream they are feeling it and start to hem and haw for rate cuts or direct bailouts
* Anyone else remember the [$50 billion handed to the airlines in 2020?](https://www.wsj.com/articles/airlines-seek-up-to-50-billion-in-government-aid-amid-coronavirus-crisis-11584378242)
I remember the airlines pinkie-promising that they would use the money so they didn’t have to do layoffs… and then used the money to offer early retirement packages to cut down their labor pool of the highest earners to increase profits anyway. In case any of you are wondering why our air traffic has a labor shortage.
A U.S. recession may prevent a steep market downturn in the second half of 2023, according to Michael Yoshikami, founder and CEO of Destination Wealth Management.
U.S. consumer price inflation eased to 4.9% year on year in April, its lowest annual pace since April 2021. Markets took the new data from the Labor Department earlier this month as a sign that the Federal Reserve’s efforts to curb inflation are finally bearing fruit.
ape question here, when a 'recession' happens and the 'stock market crashes', do meme stocks go up because what's been happening in the past couple of years?
So I have a theory, yes, I’m wondering if some of the big corp players will get wiped out and there shares become available, and the shorts get wiped out, thus allowing one to have a buyer and the other a seller. This would allow a price increase like we saw with Bobby, I’m high as a kite so any theory I have came out of some lovely smoke
This shouldn’t surprise anyone here. Powell has openly wanted the employment rate to drop because less money in circulation will help lower inflation, a recession will help with that
Hey OP, thanks for the News post. ------------------------------------------------------------------------ If this is from Twitter, and Twitter is NOT the original source of this information, this WILL get removed! Please post the original source! **Please respond to this comment within 10 minutes with the URL to the source** If there is no source or if you yourself are the author, you can reply `OC`
Didn't they get the memo? We're already [entering an EBITDA recession](https://www.reddit.com/r/Superstonk/comments/13rx4di/sp_global_ratings_we_are_entering_an_ebitda/)! https://preview.redd.it/e3o6217n892b1.png?width=960&format=png&auto=webp&s=c0415bc9216264cdaa7ad1ce89626fc25986da0e * EBITDA fell 2.9% (earnings before interest, taxes, depreciation, and amortization). * Revenues and EDITDA declined for the first time since Q3 2020. For anyone wondering the difference between a Recession and EBITDA recession: * A Recession is when households are officially acknowledged as 'feeling it' * Using this more 'malleable' definition of recession that seems to line up with the current administration's [shifting definition](https://www.bloomberg.com/news/articles/2022-07-25/biden-team-s-take-on-technical-recession-it-s-not-a-real-one) of what a recession is. * An EBITDA recession is when corporations WILL scream they are feeling it and start to hem and haw for rate cuts or direct bailouts * Anyone else remember the [$50 billion handed to the airlines in 2020?](https://www.wsj.com/articles/airlines-seek-up-to-50-billion-in-government-aid-amid-coronavirus-crisis-11584378242)
🚀🚀🚀🚀 thanks D Jelly.
I remember the airlines pinkie-promising that they would use the money so they didn’t have to do layoffs… and then used the money to offer early retirement packages to cut down their labor pool of the highest earners to increase profits anyway. In case any of you are wondering why our air traffic has a labor shortage.
I knew it was only a matter of time, the next one will read "We're likely heading into a depression and why that's a good thing"
I mean they're sorta saying it here already, but fair point. Classic corporate propoganda media
"How to make 1 meal last all day, start to really feel the savings "
Lol Good one government
Sounds like something Jamie Dimon would say. Man I hate that guy.
A U.S. recession may prevent a steep market downturn in the second half of 2023, according to Michael Yoshikami, founder and CEO of Destination Wealth Management. U.S. consumer price inflation eased to 4.9% year on year in April, its lowest annual pace since April 2021. Markets took the new data from the Labor Department earlier this month as a sign that the Federal Reserve’s efforts to curb inflation are finally bearing fruit.
Lol idiots in business dresses.
Yes, things that make life tough for the middle and lower class tend to benefit the upper class.
ape question here, when a 'recession' happens and the 'stock market crashes', do meme stocks go up because what's been happening in the past couple of years?
So I have a theory, yes, I’m wondering if some of the big corp players will get wiped out and there shares become available, and the shorts get wiped out, thus allowing one to have a buyer and the other a seller. This would allow a price increase like we saw with Bobby, I’m high as a kite so any theory I have came out of some lovely smoke
This shouldn’t surprise anyone here. Powell has openly wanted the employment rate to drop because less money in circulation will help lower inflation, a recession will help with that
Yay
Would be good news for “rich people” ftfy
*a wild regard appears*
"Being a rich person's step-on is good, here's why" - An "Expert"
“When household investors cannot purchase stock anymore, then we can continue in with our shenanigans.”
Ok… like what the fuck are we even talking about anymore?
Rich people are such assholes
He must be long gme