2 ms·
>1) Impending recession Eh I have heard this for the last 5 years
by oarabbus_ 7y ago
>1) Impending recession
Eh I have heard this for the last 5 years
- nicksantamaria 7y agoAt least now there’s a bond yield inversion to give the prediction some substance.
- mbesto 7y agoLook, say what you want, but nearly everyone in the finance community (public equities, private equity, etc) knows this is coming. You're right, it's impossible to know when exactly, but there's hardly any doubt it's coming soonTM.
- oarabbus_ 7y agoBut everyone in the finance community has been saying that loudly since mid 2017 when we reached an 8 year bull market. As they say, economists have predicted 12 of the last 5 recessions.
- asdff 7y agoThings are even more shaky now with the trade war and the fed. SP500 has been plateauing since April.