We're in a Recession on TikTok, But Not in the Market

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.

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## 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?

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