You’ve predicted doom how many times since 2009?
It does not matter. If you do not believe, ignore my comments.
If you still feel I am mad or wrong or I am out of context, I am happy to get out of this forum.
You people do not even know what I have got and how much I can play with this market. I am happy to stay away.
Most of the people did not get updated their knowledge and they behave like common novice (not wise) investors.
The good, the bad, and the loss behind China’s hardest crackdown on after-school tutoring
Parents shared their views on social media, saying that the regulation will make them turn to one-on-one tutoring services, which is way more costly than online courses. “After all, the college entrance examination system, where there is only one chance in one’s life, has not changed,” said a parent of a junior high school student.
As long as the ultra competitive environment doesn’t change, parents will just have to use the more expensive alternatives to get ahead.
This sudden, non-negotiable policy made them bankrupt or unemployed overnight for startups and employees in the after-school education industry. “Maybe it’s fate. We can’t do anything but accept it,” a co-founder of a small education company wrote on Xiaohongshu, a Pinterest-like app.
An employee who has worked in Yuandao, the Tencent-backed e-learning platform, for four years told PingWest that the maximum value of the option he has been granted exceeded $1 million. However, the introduction of the new policy meant that the option would become a bounced check. “Options have injected me with the energy to withstand high-intensity work, but now it seems that going public is likely to be hopeless, suddenly I feel that all my previous efforts are in vain,” said the employee.
Just get a government job. Why work so hard when the rug can be yanked from under you overnight?
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One sector that is thriving in India is education tech.
When?
You may have more experience than me (or not) and may be more knowledgeable, but respectfully I state the following based on having experienced 3 recessions during my working career so far - Dot com/9-11, Great Recession and Covid bust:
Recessions don’t happen just because the stock market is overvalued. That just causes a correction. There has to be a clear cause - each of the past 3 recessions had occurred due to a set of real circumstances.
So, I don’t think we are at the start of a recession now. We may be laying the groundwork for an eventual recession by excessive money printing, leading to persistently high inflation which will need to be combated by raising interest rates, but that is years down the line, not immediate
Then the question is what causes a recession?
- Early 2000s recession was caused by excessive speculation in tech, which was premature, 20 years ahead of its time. It was exacerbated by the shock of 9-11.
- Late 2000s recession was caused by decades of loose credit and bad underwriting etc, leading to a speculative housing boom.
- 2020 recession was caused by a global pandemic that forced everyone to halt economic activity.
All I am saying is that a recession is a real period of economic contraction caused by real set of adverse circumstances. An overvalued stock market can correct itself without causing a recession and does so frequently - typically once or twice a year.
I was looking for simpler explanation like:
- No capital available to invest more more. Consumers do not have money to spend more.
- investors have taken over too much bad debt or spend the free capital on speculation (could be in stocks in a stock market bubble). Therefore cannot spend more.
- The demand has dried up for some reason and therefore, money flow has slowed down.
In any case, recession means lesser consumption (and hence lesser production).
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FWIW, this makes an interesting reading. Growth is not expected to slow down in richer countries, but the question is how much trust can you place on IMF?
Most recessions are preceded by Fed raising rates. Since Fed is still in the middle of QE I don’t see any recessions on the horizon.
Stock market correction is not the same as recession though. It can happen anytime.
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these guys are super annoying to work with. I did a trial class once with my kids and now never ending texts and whatsapp messages offering me “deals”
According to the two bald entertainers, if market becomes bearish, it would be very severe! The rich who borrow against their stocks would be decimated.
FANGMANT is 45% of NASDAQ and 40% of SPX 
How can market be bearish if these stocks are roaring?
What matter is supply and demand. Correct. These two balders don’t seem to understand.
Wake up to a very red portfolio. Come back from Costco, portfolio becomes very green. Today is very volatile. Time to continue watching my idol TV drama/
AAPL is taking a beating today
Consumers have cash. They paid down debt and saved money during covid. Wages are increasing which will give people more money to spend.
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- Softbank (OTCPK:SFTBY) is said to be selling about a third of its stake in Uber (NYSE:UBER) to to make up for its losses in Chinese ride-hailing firm DiDi Global (NYSE:DIDI).
- Softbank is a selling a block of 45M Uber shares, according to a CNBC report, citing two sources familiar
