We are good now, as most of the economic indicators look good. The economy is resilient despite higher interest rates, consumers keep spending money, and the labor market looks much better. With the debt ceiling deal, we don't need to worry about US default till at least 2025, and then they will raise again. Tech hiring will be back in full force. I should have deployed all my cash, but it's not too late. I bought a bunch of SPY today. What do you all think?
Currently in stagflation! Recession is just delayed. Fed is incompetent. Declared victory early all the time. Good for stocks in the short term but bad in the long run! Don’t put money in the individual stock. Buy the index should be safer long term
Solid comment. Only thing I’d do differently is I’d buy individual mega cap stocks when they are stupidly cheap like last year.
Can you please share some good index funds I can invest in. Noob here.
No recession, soft landing, we good fam
This leak from r/wallstreetbets should be plugged
Prediction: 2024 will be a soft recession and 2025 will rebound as the Fed will loosen rates
AI will save us from recession
A recession is always coming, it's just a matter of when. Bears have predicted 100 recessions out of the last 5.
It’s like death… it’s certain, but no one knows when. Some day recession will come, some day everyone dies
We had a recession recently already.
Feds are just trying to delay recession. There is lot of leverage on borrowing. When this leverage ends …it’s panic…a sudden big drop in Dow Jones will happen. Market sudden upward movement always happen before big drop…..buying in Dow Jones is not happening from big corps…they are still cautious..
When will we see the stock market drop?
23-oct-23
You’re an idiot, this only means the Fed will continue to raise interest rates.
Student loan repayments will start back in September, then we will see how consumers do. Maybe we will see it worse in October. Also the longer the rates are high the more people/businesses that had arm loans will come due, so let’s see. IMO we having a summer rally so big boys can liquidate, before shit hits the fan in fall.
this makes sense, but again US can just print more money, govt can keep borrowing, there is no end to this.
Cash-King You don’t understand inflation, do you?
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This motherf______ right here ☝️ - must be crazy 😂 8.1% interest rates on homes Student Loan Debt Jubilee incoming New Car Loan Debt Bubble Used Car Loan Debt Bubble The list goes on……
The US doesn't need to worry about debt; we can always print more $$. It only breaks when USD is no longer the world reserve. That may happen at some point, but that is far away.
Stagflation dude - This Recession will be over once I see the Car Loan bubble, Student Loan Bubble, and Home Loan Bubble burst. 8.1% interest rate on loans and my man is talking about this Recession is over. 🤣