hanera
November 21, 2018, 9:36pm
766
Recession to be in 2018, then 2019 and now 2020. Eventually these economists would be right. Can I be an economist too
5 Likes
zensri
November 21, 2018, 9:39pm
767
Absolutely right. These guys have no clue compared to any of us. It just takes a policy decision from the government to change these forecasts.
Roy321
November 21, 2018, 10:15pm
768
Free info(on cnbc, ft,wsj) is free i.e. cheap. Get a paid advice/newletter. There is a reason the rich always get alerted early.
1 Like
Jil
November 21, 2018, 10:20pm
769
FT and WSJ are subscription basis, right? I subscribed to wsj, but where is the newsletter?
manch
November 21, 2018, 10:31pm
770
Doesn’t it look like Netflix has no support until $200 or so?
acre
November 21, 2018, 10:34pm
771
Yes. In '87 stocks fell what would today be the equivalent of 10,000 points in a single week. In '88 GDP grew 4%.
hanera
November 21, 2018, 10:49pm
772
Good to know. Got only 6 shares. Would wait for $200 to accumulate.
manch
November 21, 2018, 10:53pm
773
And its RSI is still above 30. Interesting…
Roy321
November 22, 2018, 12:31am
774
I meant investing/investment newsletters by top investment professionals. WSJ Ft are financial newspapers.
Elt1
November 22, 2018, 12:43am
775
Let’s hope it isn’t like 1975. That recession hurt me the most. Was just starting in the job market. BA unemployment was 10%
I predicted the 2017 recession. So maybe it will happen in 2019.
The 1973–75 recession or 1970s recession was a period of economic stagnation in much of the Western world during the 1970s, putting an end to the overall Post–World War II economic expansion. It differed from many previous recessions by being a stagflation, where high unemployment and high inflation existed simultaneously.
Among the causes were the 1973 oil crisis and the fall of the Bretton Woods system after the Nixon Shock. The emergence of newly industrialized countries increased competiti...
1 Like
wuqijun
November 22, 2018, 12:50am
776
Don’t think there’s going to be a recession in the next few years unless Trump fucked it up big time.
BAGB
November 22, 2018, 12:53am
777
He already did when he appointed Powell. Powell is the reason for all the stock market losses. Seems that Powell is going to raise rates and laugh at turmoil in the stock market and the housing market
https://www.google.com/amp/s/www.bloomberg.com/amp/opinion/articles/2018-08-22/the-fed-may-be-making-a-mistake-with-rates
1 Like
wuqijun
November 22, 2018, 12:57am
778
Where’s Yellen when you needed her…
3 Likes
BAGB
November 22, 2018, 1:02am
779
Yellen May do the same to get rid of Trump
manch
November 22, 2018, 1:59am
780
Oh yeah Trump is fucking us alright.
1 Like
acre
November 22, 2018, 5:17am
783
Growth is being driven by the alphabet soup of agencies - Interior, Labor, EPA, etc. getting off of America’s back. The rest of what Trump has done is irrelevant. Even China is irrelevant. The sum total of ALL our exports of good and services to China isn’t even 1% of GDP.
4 Likes