We’re already in a recession though
it’s depressioning time
You know it’s bad when even your recessions get recessions.
We’re currently the place settings still in midair as the table cloth gets pulled out only to find the table was missing this entire time
cool so what do we do, timing the market doesn’t work
Pull out of the stock market. Buy gold. Buy stocks when somebody smart says we’re officially in a recession. Sell stocks when people start going back to Whole Foods, or whatever your fancy grocery chain is. This is not real advice. I’m not a finance person.
Removed by mod
There is almost no point in history you could not make the case for a recession in the next year.
As much as I’d like to say he’s right, any prediction right now is nothing more than a guess. There are policy choices that cannot be predicted, that would swamp any prediction.
Removed by mod
Oh to be sure there are a huge number of massive risk factors. Pretty much every extreme economic event is on the table right now. WW3 and or US civil war are technically possible. At the same time, 3 people die, and the entire planet changes politically, economic forces change and there could be a great opportunity for the world.
Most outcomes are nowhere near those extremes, but they’re all magnitudes more likely than winning power ball, and someone wins that every year.
