Seriously, Does This Look Like We're In A Recession? June 1, 2023

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Updates

June 1, 2023: does this look like we're in a recession? Futures mean "squat," but having said that, futures remain green tonight.

June 1, 2023: released today, GDPNow. A higher reading than the previous one in late May (May 26, 2023).

June 1, 2023: From twitter:

-- and from earlier today --

Original Post 

Wow, wow, wow, I just looked at the market. I have not been following it closely for the past several weeks -- folks know why -- except for tech -- folks know why. [Or, IYKYK.]

The common theme for the six weeks: a handful of companies / tickers are accounting for the incredible gains; without these few companies -- two, four, six, eight -- who do we appreciate -- the market would be a shambles.

Wow, wow, wow: everybody has been concerned about that -- apparently "everybody" wasn't looking at the opportunities, and why there might only be a handful of companies -- two, four, six, eight -- who do we appreciate -- surging. 

I'll get back to this later, but there's too much going on that needs to be read, linked, studied, etc. 

By the way, does this look like an impending recession, or does it even look like we are in a recession now, as Charlie Munger says we are?

Highest since August, 2022? This is now June -- that's almost one full year ago and all I've heard from talking heads over at CNBC is "recession, recession, recession." Okay.

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All my posts are done quickly: there will be content and typographical errors. If anything on any of my posts is important to you, go to the source. If/when I find typographical / content errors, I will correct them. 

Again, all my posts are done quickly. There will be typographical and content errors in all my posts. If any of my posts are important to you, go to the source.