stocks forecasting a DEEP RECESSION

[GermanTrader]

Quote from ProfitTakgFool:

Ok, perhaps I should have said it this way:

"Who is going to tell the government?"

Looks like there is no formal definition for a depression so the government will really be confused then.

"What is an Economic Depression?
You might be surprised to learn that “depression” doesn’t have a formal definition. A recession is formally defined as two consecutive quarters of negative economic growth. Most consider a depression to be an extended and severe recession. The Great Depression was in fact two recessions: 1929-1934 and 1937-1939. World War II finally brought an end to the era."

http://www.soundmoneymatters.com/economic-depression/

I suppose the 'depression' definition would be molded from what has already been recognized as such, including the 1870s. No doubt the politricksters will have a field day in the media denying depression status, like they do with recessions...

 

[stock_trad3r]

Keep in mind we're still not in a recession yet. This will go down as the most anticipated recession in history if one does happen. Growth means no recession.

 

[investwthme]

Quote from NY_HOOD:

1987 was a quick drop and then a huge rally ensued to srat a new bull market. this is much different,this was anything but quick. the 2000 crash was a technology bubble that burst. today,we have a banking system that is on the brink of failure and a world wide economic down turn with extremely tight credit. you cannot compare today with 1987 or 2000.

its worse today because of asset devaluation. The middle class american did not (really) benefit from the previous bull market. It was real estate managers along with wall street. So they will not be hurt too badly, unless these large plants (ie: auto) go out of business.

 

[theboxer]

Quote from gnome:

What you're talking about is a semantic difference... Of course one time is not FRICKIN' EXACTLY the same...

The essence of THIS time is that it's not only different from any bear market any of us have experienced, its WAAAYYYY different... hence, "different this time"..

I know, it was more or less pointless of me to point that out.

 

[stock_trad3r]

Bull n bear

techcrunch, facebook, myspace, slide all thriving

http://www.techcrunch.com/

no recession there

 

[achilles28]

Quote from stock_trad3r:

Keep in mind we're still not in a recession yet. This will go down as the most anticipated recession in history if one does happen. Growth means no recession.

The inflation numbers were cooked.

Thats for your own benefit, man.

We've been in recession for the past 3 quarters. If not four.

 

[MrBurns]

ironically, when the dow was at 14,000 last halloween, can we say it was predicting 6 months into the future as a discounting mechanism? no. so it's probably the same now, not really pricing in accurately anything 6 months down the road. seems more like supply and demand (read hedge fund blow-ups) are running the show these days and all the margin clerks who hit the bid at 3 pm every day...

 

[stock_trad3r]

Quote from achilles28:

The inflation numbers were cooked.

Thats for your own benefit, man.

We've been in recession for the past 3 quarters. If not four.

There is no conspiracy to cook the numbers. I dunno where people get this idea that that the government is hiding anything.

 

[staffpro]

apparently the drop today in the last half hour was due to the "treasury auction" today being a total disaster. (http://market-ticker.denninger.net/) and that that could be a very BAD sign for america in general if our treasury auctions which fund our 2billion daily deficit start going bad say hello to DOW 2000 points lower instantly.

 

[achilles28]

Food and fuel. Hedonics. Price substitution. To name a few.