Based on some stuff I am hearing is it looks like we will have the first two quarters of 2025 as declining GDP
That technically defines a recession.
This occurred during the Biden administration once and lasted two quarters with small dips but sort of rolled through it
There are lots of overhang from the Biden administration so the lag is expected
As Trump policies take effect energy prices and construction prices along with most food prices will drop and moderate
However eggs will take at least a year to rebuild the depleted live laying chicken stocks
My backyard chickens are dropping 5 dozen a week so I am good
That technically defines a recession.
This occurred during the Biden administration once and lasted two quarters with small dips but sort of rolled through it
There are lots of overhang from the Biden administration so the lag is expected
As Trump policies take effect energy prices and construction prices along with most food prices will drop and moderate
However eggs will take at least a year to rebuild the depleted live laying chicken stocks
My backyard chickens are dropping 5 dozen a week so I am good
