Will we go into recession in the next 3 years?

Do you think the world will go into recession within the next 3 years?

  • Yes

    Votes: 20 87.0%
  • No

    Votes: 1 4.3%
  • Undecided

    Votes: 2 8.7%

  • Total voters
    23
I disagree. We'll have the vaccine by then, and yes, it will take a while to get it distributed, but the OUTLOOK will be up. Thus the whole reason we're way off the March 23rd lows. The positive OUTLOOK.

No Vaccine needed, unless your in Auss or NZ, they'll work out sooner or later, we've all had the thing and it's over all ready and it wasn't anywhere near as bad as the media has hyped.

Thankyou Sweden for taking the chance and proving this, not that the world wants to listen mind :(
 
We had the economies of all countries shutdown for so long, what did people expect? That is the same reason for the oil glut. If you think the US is in bad shape, look at European Union counries, Japan, China among other countries. China has laid off tens of millions of workers who are lamenting the fact the communists did not give them any aid. Most of them make only $3 a day. China has 80% of its income tied to the export economy. Let that sink in. Those countries stubbornly shutting down their economies would be worst off in the next 5 years atleast. There is no 2nd wave contrary to the lies of extreme liberal media. Even Dr. Fauci admitted it himself. Instead, we will have an economic boom as more countries open their economies and get back to work. I use only the stockcharts to make my trading decisions. If you believe in fake news and our resident ET trolls, you deserve to lose your monies.
 
Most economists will tell you we’re already in a recession. Could be a shallow short one or a long deep one - who knows.

People need to get their heads around the fact that a stock index price simply reflects the market capitalization of the component stocks. Stock market levels are NOT necessarily a perfect reflection of economic health.
 
OP, How is it possible that you do not think we are in a recession now?

What definition of GDP are you going by? Maybe, you are confusing a Recession with a Bear Market in stocks.

The two are not related.
 
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