The market screaming recession is in the cards

Anglo_pride

Anglo_pride

Stocks are telling us a recession looms large. Look at the price action. Economists are high on crack, the market is forecasting a big pull back. Thats just the way it is.
 
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Anglo_pride said:
Stocks are telling us a recession looms large. Look at the price action. Economists are high on crack, the market is forecasting a big pull back. Thats just the way it is.
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Obviously, you are not the subject matter expert on the economy.


Now stop panicking.
And go take your medicine!
 
maxinger said:
Obviously, you are not the subject matter expert on the economy.


Now stop panicking.
And go take your medicine!
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Cut Anglo some slack and skip the insults.
Recessions are a normal part of the business cycles. Unfortunately journalists / tv reporters are talking as if recessions are the end off the world.
 
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Few, if any, have any clue about where the market is going. This latest rally was unimaginable and irrational for some, yet that's where the market went. Likewise, for some, this recent correction was unfathomable.

By Wednesday's Close some poster said the market was unstoppable after a strong trend day up and it would be folly to fade it. Thursday the market dropped and erased Wednesday's gains and then some.

Today, there's doom and gloom again probably based on Thursday's sell-off and the market will probably close both the day and the week green.

In this post QE market I like to pay attention when the chatter gets overly bullish and bearish as it seems like that's just about when it's about to reverse the other way... :)
 
zdreg said:
Cut Anglo some slack and skip the insults.
Recessions are a normal part of the business cycles. Unfortunately journalists / tv reporters are talking as if recessions are the end off the world.
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Zdreg is one of the most valuable posters on this board. The guy knows his stuff.
Maxi pad ( maxinger) is a public nuisance who is intimidated by masculinity and intellect.
 
If interest rates continue to climb, no matter of shortage of housing, many won't be able to qualify for mortgages. Want to guess which direction stocks will go?
 
Handle123 said:
If interest rates continue to climb, no matter of shortage of housing, many won't be able to qualify for mortgages. Want to guess which direction stocks will go?
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UP, because they won't be able to get mortgages they cannot afford, and we won't have a MBS disaster like 15 years ago. Then daddy Powell can open up the spigot again when he and his FOMC lackeys overshoot...



Wheeeeeeeeeee!
 
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