Here Comes the Recession

[AM64]

When they pay me to borrow money, I'm all in.

 

[VolStrom]

What do you want man? Magic pixies flying out of my ass?

Stocks go up. Stocks go down.

Tend to go up slowly over long periods of time. Then crash down quickly. Normal stuff.

Have some homemade brownies or something. Add a little special something something in there. You'll be right as rain.

People don't need jerks like you or Evil Lawyer rubbing salt in their wounds when the stock market tanks. No matter how happy it makes you to see the economy tank, I promise you there are some people that are losing their jobs right now. Being all giddy about "Trump's economy" going to crap isn't a good thing.

 

[AM64]

What do you want man? Magic pixies flying out of my ass?

Stocks go up. Stocks go down.

Tend to go up slowly over long periods of time. Then crash down quickly. Normal stuff.

Have some homemade brownies or something. Add a little special something something in there. You'll be right as rain.

Another stock market cynic, but with a different spin. I'm going with elementary physics ... what goes up must come down, and the bigger they are the harder they fall - gravity is a bitch. It's what happens when an institution started to help business with cash flows becomes a casino, there's just no real basis for what stocks are worth except feelies and the good ole money for nothing or stocks supply and demand curve.

 

[carlos86]

This was inevitable whether the Dow was at 28k or 25k.

2 Months ago nobody knew about the Wuhan corninavirus, there was no oil price war between Russia and Saudi Arabia, and recession fears weren't overbearing.

I was surprised when the market didn't start declining when China began shutting down travel and quarantining cities back in late Jan I think. Figured they were just trying to wait it out to see if China would handle it. Nope.

We knew about it in December. The first U.S. case was in January.

 

[AM64]

We knew about it in December. The first U.S. case was in January.

So the Chinese were playing around with the stuff in the lab; you'd think the fools might have also been figuring out how to cure it because with their lab record the chances were that they were going to screw things up sooner or later. Let's hope the Chinese lab chimps aren't working on something worse and selling off those lab animals, too.

 

[Stew Cook]

Just imagine how many times the produce from the grocery store has been handled. If ever there was an occasion for chlorine bleach, this is one of them.

 

[Orange_Crush]

I have to stay out of this thread. I really do. I dislike being shown what real pieces of excrement party homerism creates.

 

[hog88]

We knew about it in December. The first U.S. case was in January.

I would bet the house that our first cases were well before January.

 

[carlos86]

Here are three COVID19- US economy scenarios from Barclay’s Bank:

 

[NorthDallas40]

Here are three COVID19- US economy scenarios from Barclay’s Bank:
View attachment 265953

So no recession according to their analysis.

I was told there would be recession!

 

[NorthDallas40]

I would bet the house that our first cases were well before January.

Think we could get that Chinaman’s job back driving DiFi around?

 

[volfanjustin]

So no recession according to their analysis.

I was told there would be recession!

Those are just liberal fantasies

 

[Orangeburst]

So no recession according to their analysis.

I was told there would be recession!

In the heavy scenario, technically 2 consecutive negative quarters is a recession.

 

[NorthDallas40]

In the heavy scenario, technically 2 consecutive negative quarters is a recession.

I did miss the Q3 point. Two consecutive quarters would meet the technical definition yes. But on whole that’s about as mild a “recession” as we will ever see.

 

[carlos86]

So no recession according to their analysis.

I was told there would be recession!

JPMorgan is now forecasting a US recession in 2020.

 

[carlos86]

 

[NorthDallas40]

JPMorgan is now forecasting a US recession in 2020.

Since that agrees with your narrative it’s now the correct stance then right?

 

[evillawyer]

Since that agrees with your narrative it’s now the correct stance then right?

This is what pops in my head when you post your juvenile laughing emojis

 

[Electric Orange]

there was no oil price war between Russia and Saudi Arabia

I heard we supported a coup against the Saudi Prince that failed and he was not happy about it.

 

[NorthDallas40]

This is what pops in my head when you post your juvenile laughing emojis

Glad I can entertain girl! I have similar feelings of disdain for your continual drive by down side news bites and ignoring the eventual upside. Speaking of that have you got your narrative figured out for when this is the sharp but short decline, the market recovers, we don’t have back to back negative GDP quarters and even if we do we have positive GDP on the year, and Trump comes thru this unscathed and solidifies even more his chances of re-election?

You libs are going all in again without much of a chance to see any ROI on your narrative and it’s going to backfire... again... like it has for three years.

<- for you

 

[SpaceCoastVol]

Just got back from BJs... ahem the store... anyway, the lines were insane. People are losing their collective minds. For the record, I bought nothing and went to Best Buy instead.

View attachment 265853

I suppose you are ecstatic

 

[carlos86]

Since that agrees with your narrative it’s now the correct stance then right?

This is no different than the previous post that gave the same information.

 

[SpaceCoastVol]

So the Chinese were playing around with the stuff in the lab; you'd think the fools might have also been figuring out how to cure it because with their lab record the chances were that they were going to screw things up sooner or later. Let's hope the Chinese lab chimps aren't working on something worse and selling off those lab animals, too.

Chinese chimps are the human kind.

 

[NorthDallas40]

This is no different than the previous post that gave the same information.

The first post listed worst case two possible back to back shallow negative GDP qtrs while still positive GDP on the year. The second post appears less clear for full year over year results.

Worst. Recession. Ever.

 

[carlos86]

The first post listed worst case two possible back to back shallow negative GDP qtrs while still positive GDP on the year. The second post appears less clear for full year over year results.

Worst. Recession. Ever.