DegenzNFT
7K posts

DegenzNFT
@DegenzNFT
NFT collector | Hunting digital gems on the blockchain 💎 | Web3 enthusiast | Sharing rare finds, alpha, and art | #NFTCommunity #CryptoArt
Katılım Ekim 2011
93 Takip Edilen719 Takipçiler
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As the ABS-CBN Ball approaches, check out some of the behind the scenes preparations of Kapamilya stars Julia Montes, Alyssa Muhlach and Samantha Bernardo.
#JuliaMontes
#AlyssaMuhlach
#SamanthaBernardo
#ABSCBNBall2025
#celebritynews
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Let's get some terminology out of the way, because I'm seeing a lot of Magadoltia (whom this algo promotes) using the wrong nomenclature:
-A CORRECTION is when an index on the markets falls 10% from recent highs
-A BEAR MARKET is when an index on the markets falls 20% from highs coupled with a recessionary economy OR -15% in less than 1 quarter. The average bear market lasts approximately 15 months
-There are many different calculations for RECESSION - the most common calculation is negative-GDP growth for 2 consecutive quarters (though the Biden administration tried to pretend they could change those rules). There are other signals of recession including inverted yield curves on the bond markets, the lesser-known Sahm Rule (which is when the 3 month average of jobless level is .5% up from the 1 year low), etc.
-A DEPRESSION is a decline in real GDP exceeding 10% from highs, or a recession that lasts more than 2 years, OR a 30% decline in market indices; it must be coupled with negative GDP growth
Now that we have that out of the way:
Our markets were at all time highs and our economy at record levels in early February of this year.
In the last 37 days, Donald Trump's policies have:
-Sent the Russell 2000 (an index of small and midcap companies) -27% - a full bear market, and only 3% from what is referred to as a small-moat DEPRESSION
-Sent the Nasdaq - the capstone benchmark for the health of our KNOWLEDGE BASED ECONOMY, to -20%, putting it in a bear market
-Sent the S&P 500 - the capstone benchmark for general market health, -15%; firmly in correction territory, now in bear market territory due to rapid decline
-Sent Real GDP from +3.9% for the 2nd quarter (remember, our fiscal calendars are 1Q askew of traditional calendars) to -3.8%; the single biggest 1-quarter swing in history. If we exclude 2020 as anomalous data....this marks the first time since the Great Recession we've had a quarter of such contraction.
GIF
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ICYMI, unlock fresh cosmetics in SlideBolt. Rewards on the line. @SlideBolt
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Explore the wonders of #Mangroves!
Mangroves are vital coastal ecosystems that protect our shores, provide habitat for diverse wildlife, and help combat climate change. Check out this infographic to learn more about these incredible coastal forests!🌊
via The Natural Numbers

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