Stocks are soaring but TikTok is calling recession. The hosts examine viral recession indicators vs hard economic data to see if we're heading for downturn or if it's just vibes-based panic in 2025.
We’re diving deep into the disconnect between market performance and recession fears. They explore viral TikTok recession indicators, analyze Q2 earnings data, examine job market softening, and discuss whether we're actually heading into recession territory or if it's all just economic anxiety amplified by social media vibes.
Subscribe to the newsletter! https://newsletter.blockspacemedia.com
## Notes:
- 33% recession probability down from 45% in April
- S&P 500 earnings grew 11.8% year over year in Q2
- Only 73,000 jobs added in July vs expectations
- May/June job numbers revised down by 258,000
- Energy sector earnings dropped 18-19% in Q2
- 92% probability of September Fed rate cut
Timestamps:
00:00 Start
00:32 Wen resesh bruv?
03:54 Recession Pop Music
10:48 White Lady Dasher
12:49 Data nerd time
24:56 Mag 7 earnings
26:49 Unemployment
31:34 Consumer credit
33:44 What's a humble central bank to do?
-
👋Bitcoin Season 2 is produced Blockspace Media, Bitcoin’s first B2B publication in Bitcoin. Follow us on Twitter and check out our newsletter for the best information in Bitcoin mining, Ordinals and tech!
Enjoy the show? Check out our website and newsletter by clicking here.
Questions or want to sponsor? hello@blockspace.media
