Laminate Money

What is a Mild Recession

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On this week's episode Tom, Carissa, and Jacob discuss what a mild recession is, year-to-date market performance, the extraordinary measures the Treasury has to take, and the signs that we are really in a recession today.


Email us at [email protected] for questions or suggestions for future topics.

Tom and Jacob are Registered Representatives of Sanctuary Securities and Investment Advisor Representatives of Sanctuary Advisors. Fjell Capital is a DBA of Sanctuary Securities and Sanctuary Advisors.

Show Notes

  • The Good: YTD Performance
  • The Bad: Congress shouldn't play games with the US's creditworthiness
  • The Comical: Bankrupt companies are outperforming
  • Head Scratcher of the week: What is a mild recession
  • What is going on?
    1. S&P 500 earnings are projected to drop 3.9% yoy in the fourth quarter
    2. Microsoft and Google are laying off employees
    3. Weekly jobless claims are unexpectedly lower
    4. US existing homes sales fall 17.9%
      • Biggest Win: mRNA vaccines
      • Time Machine: Americans are spending more than they make
      • Book a call with an advisor.
      • Follow along on Linkedin.
        • ...more
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