Recession is coming ? Take a hard look

[HedgefundTrader2]

Quote from trader_arb:

Its a good point because people seem to be hung up on the terminology and textbook definition of recession. Its bad either way. I wonder when greenspan will give us his next % chance of recession, while at the same time denying any responsibility for the current mess.

Greenspan is another loose cannon betraying American markets. He is well inspired to line his pockets so he'll say anything to make it happen.

 

[HedgefundTrader2]

Bernanke just caved in. Fed rates cuts will eliminate the possibility of a recession. There can not be a recession in 2008.

But you sold your stocks yesterday in a panic didn't you?

 

[Ivanovich]

Quote from my2cents:

booze and cigarettes.


My2¢¢

And condoms.

 

[Adobian]

Of course not. Stocks dropped three weeks srtaight. That's normal.

 

[Adobian]

Quote from mgabriel01:

I beleive the last 2 recessions were over by the time they were actually defined as recessions

Very true.

Similarly, by the time people lost their homes, they realize there was actually a housing bubble.

 

[HedgefundTrader2]

Quote from Mom0/pH0x:

lol, no recession at all... that's why the trade balance was 3 billion MORE negative than the survey of economists expected, and even moreso than the market expected.... yep... no recession here!!! ROFL you delusional moonbat... just wait till next weeks PPI/CPI/core figs... party is just getting started i believe... could be wrong... but have been quite correct so far... a 5% variance in trade balance? that's pretty ridiculous...

time to retire this alias and come back with another one without so much egg on face...

That was a good comeback.

Delusional moobat ? I can use that term again..

 

[HedgefundTrader2]

Quote from Mom0/pH0x:

lol, no recession at all... that's why the trade balance was 3 billion MORE negative than the survey of economists expected, and even moreso than the market expected.... yep... no recession here!!! ROFL you delusional moonbat... just wait till next weeks PPI/CPI/core figs... party is just getting started i believe... could be wrong... but have been quite correct so far... a 5% variance in trade balance? that's pretty ridiculous...

time to retire this alias and come back with another one without so much egg on face...

Spreading fear, fearing the fear itself.

How would there be a recession when Feds start cutting rates easing money supply and balancing financial markets?

Has there been recession in a election year? So how come it will happen now? I think Washington won't let that happen and you can bet your farm on it if you like.

 

[my2cents]

Quote from my2cents:

You want to know whether we are in a recession? Just track the stocks that that manufacture the only products that sell during a recession; booze and cigarettes.

Hey is that a breakout on the Altria Group (MO) ?

Just,
My2¢¢

Quote from day7793:

Breakout in MO is not indicative of a recession.

It takes 2 quarters of negative economic growth at least define a recession. There has not been 2 negative quarters yet, or you seen it somewhere that I don't know of ?


Besides, that is called flight to safety. When the market goes down talking heads come out talking about consumer staples and defensive stocks like MO , BMY, VZ, CVS etc.

Dude that was meant to be a joke, you take yourself waaaaayyyy too seriously.

Take a chill pill and face the facts.

It just hit me, you're Ben Bernanke!

Just,

My2¢¢

 

[Khaled187]

Whats the best thing to Long in a recession?

 

[number22]

Quote from Khaled187:

Whats the best thing to Long in a recession?

Cash and Cash equivalent

consumer staples; Fast food chains; and Pharmaceutical.

Farm lands and graveyards

of course; the financial too!