But how low is it going? Is a recession priced in? |
the sky is falling...the sky is falling... |
Yes tell us that. |
If you cannot see the risks for an impending recession, you are just dumb at this point. |
What are most of us going to do? A vast majority of the posters on this board are invested longer term- or at least medium term. You just want to gloat that you predicted a stock market crash. Good for you? But most people here aren’t trying to play the market. So worrying about this crash or your gloating isn’t particularly helpful. |
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Bear markets are when stock pickers prove their value and worth. Even in bear markets, there are companies that will skyrocket in value because of innovation - improving efficiency, creating new tech, bringing a new product (or class of products) to market, etc.
Get busy studying and trying to pick winners. There's no easy money for the next few years. |
| I've been half cash since early Jan and will start DCA at 3500 but I dont think that's going to be the bottom... Probably closer to 3000 |
Ok good plan - but if it doesn't get there will you just leave it in cash indefinitely? |
I have no reason to believe today is the bottom. |
Can we please just get this recession started? I've been hearing about it for the last 6 months (or more). |
People are acting like a recession is the end of the world. I’ve lived through four previous ones. They last for 12-18 months, and absolutely suck if you’re in an industry that’s particularly affected. Then growth resumes & we’re back to the start of a normal business cycle. I see no evidence that this recession will be worse than others. |
The federal funds rate now is still lower than it was from most of 2017 through the start of the pandemic, though -- money is still relatively easy compared to pre-2008 days... |
Yeah except for the fact the the US has record deficits and can't stimulate its way out this time until inflation stops. It will also blow up the deficit even more. Once people lose faith in the USD because US debt is massive, everything goes to hell as the world ditches the dollar. |
And what currency will they go with then? |
Meh. We also had record deficits in the 1980s and 90s. They are bigger now, but nobody knows how large they have to be before your sky is falling scenario happens. |