Sangoma Technologies Corp T.STC

Us is in a technical recession

[Torontojay]

The economy contracted 0.9% in the second quarter and we have 2 consecutive quarters of negative real gdp. I ask the question, are we in a recession with such low unemployment? And, how will stocks fare in this stagflationary environment?

[Capharnaum]

I think it's just the start. The number of full-time jobs in the US is still below the peak reached in 2019 but unemployment is so low due to a lower participating labour force. At the same time, employment is being maintained due to companies passing on costs and increasing their prices. This can't last forever as the consumers won't be able to sustain that for long, and at that