SleepyDumpling
SleepyDumpling

Recession by mid 2024?

There are some chatter in the finance and economics circles that 2024 may see a world-wide recession, especially in the west (though it is an election year in the US).

What do you think (or better, know more) about it? Will it be as bad for IT as what we had post-Covid?

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CosmicDumpling
CosmicDumpling

Silent recession has been going on for a year now. The reduction in headcount everywhere is proof enough

GigglyKoala
GigglyKoala

Another day….another recession post wo any reasoning on the internet…

SleepyDumpling
SleepyDumpling
InMobi14mo

Just read about what is written by economists bruh

SleepyDumpling
SleepyDumpling
InMobi14mo

Wow! And you seem to know a lot stuff - see the tone!

SparklyNoodle
SparklyNoodle

This year there are elections everywhere in world so less chance of recession in 2024, 2025 looks scary

FluffyNugget
FluffyNugget
Plivo14mo

I doubt there would be official recession in election season. We will be suffering anyway till layoffs end

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Software Engineers
by CosmicNuggetSoftware Engineer

Tech recession

Any opinions or guesses on when will the tech bull run will start again in short when this recession will go away and market will be stable?

Layoffs
by PrancingPotatoProduct Manager

Worst is yet to come. Fasten your seatbelts.

Good time to analyse your investments and make adjustments. Keep an eye on how much runway you have in liquid assets in case worst happens.

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Top comments
user

Chill...am listening same from 3y

user

Not in 2024, because of elections. Do you really think that any govt will go to elections while the economy is in rec...