Simple poll: Are we at the start of a recession?

Dec 24, 2018 27 Comments

I've read multiple polls and opinions online and on blind and I'm losing my mind. Can someone just answer this basic fucking question.

PS - if you don't think this is a recession, then stop the fuck panic selling. It's causing a lot of us to lose sleep.

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 TOP 27 Comments
  • You really think individuals panic selling causes a recession?

    This isn’t bitcoin
    Dec 24, 2018 0
  • Amazon
    KaliMuscle

    Go to company page Amazon

    KaliMuscle
    Buy buy buy
    Dec 24, 2018 0
  • How does it affect you whether we are in a recession or not?
    Dec 24, 2018 3
    • New
      ffffuuuuun

      Go to company page New

      ffffuuuuun
      For you, probably not much. You and your 2 room mates will continue to subside on cup noodles and pbr.
      Dec 24, 2018
    • Multiple costal real estate and stock investment portfolios actually and in the green for the year (via shorts). If you're still trying to figuring out if we are going into a recession and whether to sell or stay the course or double down or not with a 10% loss on your portfolio you are the fool from Rich Dad Poor Dad.

      Although I am a millennial so you got one thing right.
      Dec 25, 2018
  • New
    GetSchwfty

    New

    GetSchwfty
    Yes this is the start of a recession. Take a look at the fed unemployment history it has a recession overlay. You’ll see that every time employment gets maxed out a recession follows soon after. Lots of other factors as well fed rates, 10Y bond rates, fed qt...hangover from stock buybacks and tax corporate rate cuts, shiller pe and many other metrics say we’re way over valued still. More pain is coming.

    My targets for end of next year. Nasdaq 3,000 or less Spx 1,500 or less.

    The fed is tightening us to the point of breaking. Oil is crashing, financials are crashing and the fed has only dumped 450 billion in bonds into the market so far...their balance sheet has 4.1 trillion on it that will get dumped over the next 2 years.
    Dec 24, 2018 3
    • The Trump administration tweeting to reassure people there is no liquidity issue and banks have plenty of money for loans when investors weren't worried about it before... Tends to cause investors to worry.
      Dec 25, 2018
    • The tweet came from treasury sec Mnuchin who did not consult with president before the call to banks according to WSJ. Also current fed president was selected on Mnuchin advice. So it seems there is concerted efforts to bring markets down and put the blame on Trump who foolishly connected himself with stock market when it was going good, and now he owns losses too which could cost him reelection if the course is not corrected soon. Ideally he should fire both, but that could shake up markets even more...
      Dec 25, 2018
  • New
    DuQvV7x

    New

    DuQvV7x
    JFC, say it with me: “the market is not the economy”
    Dec 24, 2018 0