What is a Mild Recession

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On this week's episode Tom, Carissa, and Jacob discuss what a mild recession is, year-to-date market performance, the extraordinary measures the Treasury has to take, and the signs that we are really in a recession today.

Email us at laminatemoneypodcast@fjellcapital.com for questions or suggestions for future topics.

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Show Notes

• The Good: YTD Performance
• The Bad: Congress shouldn't play games with the US's creditworthiness
• The Comical: Bankrupt companies are outperforming
• Head Scratcher of the week: What is a mild recession
• What is going on?

1. S&P 500 earnings are projected to drop 3.9% yoy in the fourth quarter
2. Microsoft and Google are laying off employees
3. Weekly jobless claims are unexpectedly lower
4. US existing homes sales fall 17.9%

• Biggest Win: mRNA vaccines
• Time Machine: Americans are spending more than they make
• Book a call with an advisor.
• Follow along on Linkedin.

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