All indications are pointing g to a recession. High inflation, high oil prices, so much government money printing in the past 2 years. It will happen in the next 6 months, be ready for it.
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The current outlook is fairly bright. Those of you forecasting doom and gloom can sell all your stocks and bonds and buy gold, I guess. Good luck.
I can figure out which is worse on this thread, the delusional ill-conceived thoughts on the economy, the naive beliefs about the current administration, or the ridiculously absurd financial advice, if you want to call it that. It would be entertaining if it wasn't so sad and pathetic considering that some posters may actually believe what they post here.
"Regular" inflation has been 7%, but street prices of vehicles and real estate are triple that or more, much more if you count increasing mortgage rates, and hotels/travel are even more. Many of us work 12+hr days with limited personal life to strive to improve our family's economic situation, only to see inflation crush it. And the top 0.1% wealthy Blackrock CEO has the audacity to call us "entitled".
Wow, so the 3rd recession since I joined the workforce? Us younger folks just can’t catch a break.
The pandemic is over. Our foreign policy is winning. Stocks and the economy are at all time peaks as is Chevron. Employment is maxed. People are happy. Nobody tells lies on twitter anymore.
U.S. corporate profits jump 25% in 2021 to record high as economy rebounds from pandemic
The economy has rebounded strongly from the pandemic. Employment is at record highs. The fed will tame inflation in due course. Savings and spending are high for most Americans. A recession is hard to imagine.
Just sh*t and wait
The Fed will raise rates significantly by year's end and tighten the money supply; you can count on both. The Globalists want Americans to feel serious pain and Biden will see their that their agenda is progressed. Hold physical assets; buy low P/E stocks with strong cash flows and a reasonable dividend if/when possible. A storm approaches with near certainty because the bad weather has been engineered toward aims of achieving particular ends.
Okay, so the treasury yield curve is starting to invert which a good indicator of an economic recession. The actual main street economy has been going down and continuing to go down for awhile. The Fed has kept everything going by printing lots of money. The talk about quantitative tightening is just talk and will not happen. That means as the economy continues to spiral down the stock market will continue to go up. Be careful how you invest.
Thank you for the advice. I will now prepare for this event.