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Anyone who can say with certainty what the market is going to do is usually selling you something. Especially, when they trot out a magic number that predicts
by elweston2 7y ago
Anyone who can say with certainty what the market is going to do is usually selling you something. Especially, when they trot out a magic number that predicts something. The division you are noticing has been there for a long time (100+ years).
Will there be a recession? Yeah. When, is the trick, it could be tomorrow or 10+ years from now. That recession will also be followed by a boom. Such is life. That we have not had one recently is a bit unusual but not unprecedented. You could even argue the the world is already in the 'coming' recession, minus the US.
I would posit people wanting a recession is just a form of jealously and resentment. Normal? Not in my experience. But then I may have just not noticed. I remember the gas lines of the 70s. No one really wants that just to feel smug, do they?