-
Ever wanted an RSS feed of all your favorite gaming news sites? Go check out our new Gaming Headlines feed! Read more about it here.
-
We have made minor adjustments to how the search bar works on ResetEra. You can read about the changes here.
CNN: Dow falls 460 points as US recession indicator flashes red
- Thread starter Slayven
- Start date
Time to buy 3 month treasury bills?
Edit: Need to check market valuations for buying opportunities.
Edit: Need to check market valuations for buying opportunities.
And of course we will see the effects when our next Democratic president is elected and Democrats will be blamed for it. Cycle continues to repeat it self
Glad my parents JUST sold their house in San Jose, CA for top dollar. I fear the market is going to crash soon.
Yup, this is it. Global PMI sub 50. Only Americas is slightly above 50.
https://www.bloomberg.com/graphics/global-pmi-tracker/
Wait unclear if many areas just don't have March data yet. Definitely dropping overall but not sure how much
https://www.bloomberg.com/graphics/global-pmi-tracker/
Wait unclear if many areas just don't have March data yet. Definitely dropping overall but not sure how much
If this shit's gonna crash it needs to do so before the 2020 election and not, like, immediately after
Nobody try to time the market thinking "Oh noes, recession!". You and not another living soul on this planet knows shit about what they will be doing in the short term or over the next few years. Could be a recession coming up or could not be for awhile.
For arm chair investors remember: For long term goals Time in the market beats timing the market.
That said a quick 6=8 month recession during the general election would probably help Dems win the senate and presidency so maybe it wouldn't be terrible.
That said a quick 6=8 month recession during the general election would probably help Dems win the senate and presidency so maybe it wouldn't be terrible.
Oh wow another recession? With all of the bubbles and broken aspects of the American system, who could have guessed that a recession would happen after giving a multi trillion dollar tax cut to rich people and leaving the rest of America to rot with no plans indefinately? Who could have guessed...like srsly
I need people to stop pretending this kind of thing is surprising when our system is actively facilitating and self inflicting these cycles with even more of a regularity
I need people to stop pretending this kind of thing is surprising when our system is actively facilitating and self inflicting these cycles with even more of a regularity
Brexit is going to be a great double whammy. Much suffering inbound yet fucking idiots here would still vote right wing
Lol this is fear mongering at its finest. The markets have been crushing it this year. That's why it's the worst performance since January 3rd. A bit of a pullback should be expected when the markets have been up practically every day this year.
I look forward to another Democrat elected under the cloud of an economic crisis, that has their flexibility strained because they have to spend all their effort doing economy shit.
Fellow new graduates rejoice! God I wish my last internship had just turned into a full time position yet here we are :(
Edit: after further flash backs is the '08 crash, nah, let it happen now. It will be harder to blame the next president that way.
Wife works in TV and she seems to think it's recession proof.
Depends on the market but in most areas April-June is the best time to sell. If we see the Fed start dropping interest rates again we might not see much of a housing price decline though unlike last time.
Sure wish it didn't get to the point where only an economic crash could get Trump in serious shit but here we are.
So what industry are we going to see trigger another credit crunch? I've heard people talking about the auto loan market being dangerously close to insolvent.
I'm up 240% and looking forward to my first time trading during a recession.
Yeah, it's kind of weird to see people in this thread cheering on a recession because the hardest hit are going to be the lower & middle class who are living check to check.