We Are in Bear Market

Source: Economists See U.S. Recession Risk Rising - WSJ

“Recession risk rising” means no recession for 2 years in economist’s language. We are good for now.

You did not read the last paragraph and posted your comments. Read it again, 56.6% expects start in 2020.

2020 is very far far far away. Can make plenty in one year :slight_smile: so should’t quit the stock market yet. Can start selling your rental, take time to sell RE :wink: In recession, the issue is not enough renters, rent may have to chop to 1/3 :sob:

BARE is like your AAPL, no selling, I survived even 2008 holding rentals.
True, 2020 is far way, we have enough to earn before.

WSJ post is advance info as we may soon forget the recession topic when stocks are in full swing after shutdown lifted !

Is 56.6% a good enough number? Do we have historical data on the accuracy of mainstream economist’s recession forecast? If they are always wrong to predict a recession more than 12 months away, we can just treat their forecast as a high school project.

Economists are just witches, they are not Newton or Einstein, no need for unwarranted respect :rofl:

Many so-called “scientists” are just third class witches, you can treat their words as gossip. They just gossip and gossip to make a living out of hard working people for their useless “work”

Anything above 50% is good.
Second, it is prediction, that means it can go wrong as no one can predict future perfectly.
Third, it is guidance, just a warning to be cautious.
It is up to us to take it or leave it.

Go read the blog Calculated Risk religiously. You will know when things are starting to go downhill. Right now it’s all clear.

Of course that’s just the economy. Stock market is another matter altogether. It can’t be predicted.

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Vanguard Group will no longer allow individual investors to make new trades on certain investments that seek to magnify bets, pouring cold water on strategies that became popular after the last financial crisis.

Starting January 22, customers won’t be able to purchase so-called leveraged or inverse products via Vanguard’s brokerage platform, the firm said in a release this past week. That cuts out roughly 400 such securities and funds currently offered on that platform.

The move by the world’s second-largest money manager by assets comes as these complex products gain traction among investors and increased scrutiny from regulators because of the risks involved. Leveraged funds magnify gains—or losses—of an index while inverse products seek to produce the opposite performance of an index.

Reviving this thread in case we are heading back down again. :scream:

You would make a worse demagogue than Trump. :scream: