In recent weeks, both economists and technical indicators have hinted that the United States may be on the brink of a recession, causing widespread anxiety across the markets. Meanwhile, on X, the topic of recession has been gaining traction, with users discussing the possibility of an economic downturn.

Social media is buzzing with fears of recession

Just a day ago, Bitcoin.com reported on the rising trend of the US bond yield curve and shared analysts’ thoughts on the latest jobs report. Lately, the warning signs have been hard to ignore—the US is grappling with slowing GDP growth, persistent inflation coupled with high interest rates, rising employment concerns, and weakening consumer confidence, all amid volatile financial markets.

Users on X had plenty to say about the current situation. “Is Stonks collapsing because there’s still a trillion-dollar arbitrage trade that hasn’t been resolved, is there an impending recession, or is the entire AI facade collapsing? I say, why not all three?” Ross Hendricks commented, sharing a chart highlighting the sharp drop in monthly visits to chatgpt.

“Harder economic times are coming,” CFA Michael Gayed stressed. “The survivors deserve higher multiples. We’re going to have a recession soon.” Investor and CFO Robert Sterling, along with many others, is convinced that a recession is here. “We are in a recession,” Sterling posted to X. “The macroeconomic data may not say it yet, but the recession is here. Everyone knows it. The lagging indicators just need time to catch up.”

Economist Daniel Lacalle added to the discussion, writing:

It doesn't matter if debt and deficit spending hide GDP. The US economy is already in a private sector recession.

Moreover, many believe the election outcome won’t make much difference, as the economy is headed for a recession regardless. As recession fears continue to mount, the X discourse has taken on a variety of perspectives, from skepticism to certainty. With market volatility and economic pressures continuing, the coming months may bring more clarity, but for now, the debate is driven by a mix of data, sentiment, and speculation across the financial and social spectrum.

As economic uncertainty continues to loom, what do you think—are we in a recession, or is the worst yet to come? Share your thoughts in the comments.
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