Bloomberg : Recession forecast hits 100%

[Doomsday Dallas]

https://www.youtube.com/watch?v=UOgxPAXKkLA

If Bloomberg is saying 100%... maybe we should hold off hope on an economic recovery anytime soon.

[Jud]

Great time to start looking at buying some puts in the stock market

[SATAN]

We all knew this lol

[Gruppenführer]

And the stiff Joe Biden goes on National Television and tells Americans the Economy is strong. :lol

[HunterSThompson]

apparently canada will be the next superpower for world trade. and if you wanna avoid all the illegal mexicans just come up here. they hate the cold


https://www.youtube.com/watch?v=dqApxbgNoa8

[tontoz]

I wouldn't make any decisions based on what Bloomberg says lol.

However with the Fed raising rates and rolling off their balance sheet along with Europe/China going through much more severe problems there is certainly a high probability of a recession.

[Facepalm]

Awesome! Time to buy

[bladefd]

Nobody truly knows tbh. There is a high probability but time will tell. Blackrock was saying it is going to be the biggest recession in history, but again nobody truly knows. Some of these massive corporations like Blackrock profit from recessions with puts, and they profit coming out of recessions due to buying up during the recession. They know they will be just fine, but for the rest of us, they are playing with fire that could destroy us.

[tontoz]

Nobody truly knows tbh. There is a high probability but time will tell. Blackrock was saying it is going to be the biggest recession in history, but again nobody truly knows. Some of these massive corporations like Blackrock profit from recessions with puts, and they profit coming out of recessions due to buying up during the recession. They know they will be just fine, but for the rest of us, they are playing with fire that could destroy us.



Speaking of blackrock they are getting hammered by redemptions in one of their big REITs.

[Lakers Legend#32]

These were the same people who predicted the Red Wave.

[Off the Court]

Conservatives argued that a recession was 2 quarters of negative GDP

https://www.bea.gov/system/files/gdp3q22-2nd-chart-hp.png

We just had a positive quarter.

And prices on everything are dropping hard. Gas is below $3 in some states.

[Nanners]

The coming crash is going to make people look back fondly on the 2008 crash

https://winepressnews.com/2022/12/06/bank-of-international-settlements-warns-of-65-trillion-of-debt-gone-missing/

[rawimpact]

I have liquidity ready... I dumped 30k in these ibonds this year.

C'mon recession!

[ZenMaster]

Conservatives argued that a recession was 2 quarters of negative GDP

https://www.bea.gov/system/files/gdp3q22-2nd-chart-hp.png

We just had a positive quarter.

And prices on everything are dropping hard. Gas is below $3 in some states.

Dropping hard..

https://media.patriots.win/post/HGEQsndX6t1B.jpeg

[Doomsday Dallas]

https://www.todovaacambiar.com/wp-content/uploads/2010/12/Internet-bubble.gif




It certainly does look like history is repeating itself.

Feels like we are right at the end of 2000 going into 2001



May need to implement a day-trading strategy... avoid long-term investments until 2025.

From March of 2000 all the way to October of 2002..... would equate to the bear market lasting until the middle of 2024.




However, I do imagine a scenario where Wall Street will somehow force the Fed to start lowering interest rates sooner rather than later.

[Doomsday Dallas]

https://i.ytimg.com/vi/iUHMnVIvGI8/maxresdefault.jpg



https://www.youtube.com/watch?v=khXgPOLefGc