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Started By
Message
re: Recession next year?
Posted on 10/10/18 at 6:00 pm to Lickitty Split
Posted on 10/10/18 at 6:00 pm to Lickitty Split
Does it count that I work for one of Buffets companies he owns via Berkshire?
1
Posted on 10/10/18 at 6:02 pm to TigersHuskers
You plan on retiring in the next 5 years?
If no, keep putting money in your accounts and ride the ups and downs. I love when corrections like this happen because I’m getting everything on sale when idiots like you decide to sell.
If no, keep putting money in your accounts and ride the ups and downs. I love when corrections like this happen because I’m getting everything on sale when idiots like you decide to sell.
Posted on 10/10/18 at 6:03 pm to iAmBatman
No but I don't feel like getting furloughed and have to chase work.
Posted on 10/10/18 at 6:12 pm to TigersHuskers
quote:
No. Just general trends look bad.
The market has never been on a hotter run. There's no obvious trend that a rescission is coming near term. Look at interest rates, Bing yields, spending, etc, etc, but you don't understand any of that, you just saw a 1 day 3% dip
Posted on 10/10/18 at 6:15 pm to TigersHuskers
Panic and sell.
Posted on 10/10/18 at 6:18 pm to TigersHuskers
Seriously, one bad day on wall street and you are asking about a recession?
I need to catch up with the current economic news, it's been over a month since I took the time to do so, but is there anything right now that would cause a recession?
I need to catch up with the current economic news, it's been over a month since I took the time to do so, but is there anything right now that would cause a recession?
Posted on 10/10/18 at 6:19 pm to TigersHuskers
The market is not the economy.
Posted on 10/10/18 at 6:20 pm to kjp811
quote:
The market is not the economy.
No but its an indicator of the health of the economy so they're sort of one in the same.
Posted on 10/10/18 at 6:21 pm to TigersHuskers
quote:
Explain why I shouldn't expect a recession next year
What is going on that would cause a recession? Is the housing market going to drop? Are bankings doing something that will cause some kind of bust? I can't understand why you would ask this after ONE bad day.
Posted on 10/10/18 at 6:22 pm to OweO
quote:
I can't understand why you would ask this after ONE bad day
It's pretty simple, because he has no idea what he's talking about.
Posted on 10/10/18 at 6:23 pm to kjp811
quote:
The market is not the economy.
No, it's not, but it is a gage of the economy.
Posted on 10/10/18 at 6:24 pm to TigersHuskers
quote:
No but I don't feel like getting furloughed and have to chase work.
Do you work in an industry in which work is starting to decrease?
Posted on 10/10/18 at 6:25 pm to OweO
No. The rail industry is seeing so much business right now they are turning shite down but stuff changes really fast here.
Posted on 10/10/18 at 6:26 pm to TigersHuskers
quote:
but stuff changes really fast here.
Which doesn't have anything today with today or whether you should try to time the market.
Posted on 10/10/18 at 6:30 pm to Deactived
Tigernmiami is biggest douche on the board.
Posted on 10/10/18 at 6:30 pm to TigersHuskers
quote:
stuff changes really fast here.
So you could easily ask this same question anytime.
Posted on 10/10/18 at 6:33 pm to OweO
quote:
What is going on that would cause a recession?
Tariffs
Posted on 10/10/18 at 6:34 pm to TigersHuskers
quote:
The rail industry is seeing so much business right now they are turning shite down
Yea you have the market sentiment down to a T you fricking moron.
Posted on 10/10/18 at 6:34 pm to TigersHuskers
quote:
Stocks look awful and right now I'm expecting one early on next year.
told you MAGA baws this many moons ago. You cannot cut taxes without cutting spending and expect anything good, AT ALL, to happen.
QE might help some, but the onslaught that's coming is going to make the last recession look like it wasn't so bad.
This is what happens when you have a President who is literally a fricking moron. MAGA
Posted on 10/10/18 at 6:36 pm to JohnnyKilroy
quote:
Yea you have the market sentiment down to a T you fricking moron.
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