No offense, but when it comes to a recession, I’ll just believe it’s happening when it’s actually fucking here. The massive amount of financial doomsday ‘expert’ predictions I’ve heard in the past 10 years have made the art of predicting a complete joke.
Like, I’m sure it’ll happen at some point. The market is cyclical and has a tendency to bubble and boil over, but the catalyst to pin-pop the balloon is the impossible piece to predict in the temporal realm (unless someone manufactures the catalyst artificially…).
I’ll just say this, if Trumps recent actions don’t cause a recession this year then the US market is strong af and I’ll never doubt its ability to recover ever again
It makes no sense to me that you can slap tariffs on everyone, spit in the face of all your allies and still have stonk go up
Stonks go up if profits exceed analyst expectations. The Ai stocks have pulled the entire market up the last year, even when ordinary people had much less money left and everything was much more expensive due to inflation.
I think probably it will continue to do that actually, since Ai is the new hype, and tons of startup companies are launching Ai products.
Most will fail of course but it still drives the profits for the cloud companies hosting the infra, or Nvidia and those who make the hardware.
You can’t know a recession is happening until after it’s already happened. It’s defined as two consecutive quarters with negative growth, meaning you won’t know until 6 months after it began.
Fair enough. That’s a good fact to keep in mind. Been so long since I experienced a recession that I guess I didn’t fully appreciate what the term meant. The last time one happened I was isolated from civilization and didn’t really know it was happening.
No offense, but when it comes to a recession, I’ll just believe it’s happening when it’s actually fucking here. The massive amount of financial doomsday ‘expert’ predictions I’ve heard in the past 10 years have made the art of predicting a complete joke.
Like, I’m sure it’ll happen at some point. The market is cyclical and has a tendency to bubble and boil over, but the catalyst to pin-pop the balloon is the impossible piece to predict in the temporal realm (unless someone manufactures the catalyst artificially…).
I’ll just say this, if Trumps recent actions don’t cause a recession this year then the US market is strong af and I’ll never doubt its ability to recover ever again
It makes no sense to me that you can slap tariffs on everyone, spit in the face of all your allies and still have stonk go up
Stonks go up if profits exceed analyst expectations. The Ai stocks have pulled the entire market up the last year, even when ordinary people had much less money left and everything was much more expensive due to inflation.
I think probably it will continue to do that actually, since Ai is the new hype, and tons of startup companies are launching Ai products.
Most will fail of course but it still drives the profits for the cloud companies hosting the infra, or Nvidia and those who make the hardware.
You can’t know a recession is happening until after it’s already happened. It’s defined as two consecutive quarters with negative growth, meaning you won’t know until 6 months after it began.
Fair enough. That’s a good fact to keep in mind. Been so long since I experienced a recession that I guess I didn’t fully appreciate what the term meant. The last time one happened I was isolated from civilization and didn’t really know it was happening.