Concerns about this recession.
I apologize for being a Lehman investor, but I would like to ask, so I will post it.
With the same rule, it is a recession.
The unemployment rate seems to be 4.25, so it seems that it will not be activated in reality.
However, if employment next month is poor, there is concern about a recession, so how long do you expect the recession to last?
I think the GDP was good.
The hiring and PCE were bad this time.
I think it's within the range that can be supported by government employment and distribution and interest rate cuts.
If it develops into a panic like the Lehman shock, it would be better to consider it on an annual basis, but based on the expectation that the bank will hold on until April next year with BTFP, I think it will be about 6 to 8 months.
I would appreciate it if you could comment as I would like to hear the opinions and thoughts of various people.
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