Recession 2020

[Coronita]

I don’t know how to read Brian . remember most conservatards don’t have that pedigree degree from a prestigious Ivy League school that you progressive elitist have and keep talking about ….Oh wait…. Doh!

[FlyerInHi]

Flu, a recession is a dip in growth for 2 quarters. You make it sound like I’m predicting doom and gloom, unless of course it’s a repeat of 2008. I think the central banks are prepared to reflate the economy if that risk increases.

The people who got it dead wrong are those libertarians who predicted hyperinflation and dollar collapse from deficit spending after 2008. I wasn’t around, but I wouldn’t be surprised if you predicted dire consequences from stimulus spending, or auto bailout.

Yes, you’re right that the clock is right twice a day. When was your clock right? You keep on repeating the same shit about drip investing that we already all know.

BTW, I know you hate socialists (your rant on AOC), but socialists know capitalism very well. Yanis Varoufakis, who is to the left of Bernie Sanders or any US politician praised the Fed for doing a marvelous job after 2008. They will do it again. So no, it’s not doom and gloom, it will be cyclical recession.

[Coronita]

I opened your last reply Brian, saw how long it was and decided it was not worth my time to actually try to read it. If you want to summarize it for me in a cliff notes version or can convince someone else to on your behalfz I can reexamine it.. The effort to try to actually read, understand, and respond…frankly… is not worth my time. Using a line I repeat many times. I’m sorry, no thank you.. I would only spend that much time and effort if I was actually paid to do it… and frankly, you can’t afford me.

[FlyerInHi]

Flu, you can on re-examine what you have already considered before.

[Coronita]

Brian, you know damn well you started this thread with no real intention of discussing the state of the economy in an objective fashion. You know damn well you are fishing for attention and trying to start another political thread to talk about how horrible Trump is , using the recession as yet another example.

Just about everyone can see through this because it’s the same pattern. You come over here and resurrect a few threads see was sort of reaction you can get, and then go back to trying to talk about left versus right. You then disappear for a few days, to let the dust settle so your don’t get kicked off the blogs again… And then you do the same thing again on different threads. You did such a bad job the first time, you got kicked off this blog the first time.. and now you are back and basically doing the same thing except this time, you come post a few threads. disappear a few days and then come back and do the same thing… That’s why every top thread has your name with your last post. And why most people stopped responding to any thread you touch. They know it’s you and only you and they could care less about what you think. let alone take your seriously…. You lost your audience a long time ago….you’ve just haven’t come to terms with it yet. But at least you are responding to ,”Brian” now.

..and you can’t stand being wrong….

[FlyerInHi]

If you dish it out you can take it, flu.
Show me where I’m wrong. 2020 has not come yet.

I can show how the anti bailout people were wrong and caused us a lot of lost wealth. All the stupid budget fights. They owe us, if not money but at least an apology.

If we avert the next recession it’s because the fed are proactively lowering rates to offset bad policies. And it will take fiscal cooperation to dig ourselves out of the next recession

[FlyerInHi]

Trillion dollar deficit. When will it matter? And where are the fiscal hawks?

https://www.apnews.com/caeb6d6c4eff45e4bc5da12db06004bc

[Coronita]

Brian, you’re doin’ great buddy ! Keep it up ! [img_assist|nid=26894|title=|desc=|link=node|align=left|width=100|height=56]

[FlyerInHi]

Goldman Sachs says that every one of its private equity clients is preparing for recession

https://markets.businessinsider.com/news/stocks/goldman-sachs-says-private-equity-clients-are-preparing-for-recession-2019-12-1028740448

[PCinSD]

[quote=FlyerInHi]Goldman Sachs says that every one of its private equity clients is preparing for recession

https://markets.businessinsider.com/news/stocks/goldman-sachs-says-private-equity-clients-are-preparing-for-recession-2019-12-1028740448%5B/quote%5D
I risked it and clicked on your link and was relieved to find it wasnt gay porn again.

But your cool story leaves out the part about Goldman Sachs concerns and opinions about a recession. Why is that?

Put down the opium pipe.

[Coronita]

Meh. The only thing really that matters is how you’re doing personally.

[img_assist|nid=26916|title=|desc=|link=node|align=left|width=600]

I’d say even being in 60% cash and bonds now, things are looking pretty swell as this year closes, lol.

401k looks like it’s going to finish ok, not great, but not bad. 19%

Locally, with Qualcomm’s lock on 5G and Apple’s arm race to staff up here in San Diego, things will look great here too, in terms of employment and more importantly demand for housing.

In fact, I had a tenant that moved out a week before thanksgiving. Long time tenant that started at QC as a bachelor, and over the years, he got married, and now with a kid needs a bigger place. He provided a nice steady rent for the past 4 years roughly 8% ROI, and now he’s a first time homeowner. Normally I would have required 30 days notice, but I just let him move out the week before Thanksgiving figuring it was going to be slow. He offered to post a “for rent” add in the internal Qualcomm classifieds, and the same week I got a few folks contacting me about the condo, and found a replacement tenant, in less than 3 days, also with a higher rent price. New guy is also starting out, just got married, and wants to save for a few years to buy a house. Not too long after the guy moves in, previous tenant contacts me and asks if the rental is still available. I guess there’s pent up demand near Sorrento Valley.
[img_assist|nid=26915|title=m|desc=|link=node|align=left|width=250]

Lol, wish I had more rentals. Anyway, side effect of being on good terms with the former tenant…I’ve gotsomeone to post inside Qualcomm any time there’s a vacancy. No longer need to deal with Craigslist or even Zillow, and since he’ll be waiting for sometime before he gets his greencard, he’ll probably be there for some time.

[The-Shoveler]

IMO it’s 70% chance no US recession 30% chance recession.

Back when this thread first started July 2018 almost every economist was calling for recession by 2020 (it was not a bold call IMO).

Now most see little chance of a US recession and a strengthening world economy.

We will see I guess.

[Coronita]

I don’t see the point of trying to predict the future besides trying to prove or disprove you are right to the point of missing opportunities. Not my thought process , so not my problem, lol.

[spdrun]

LOL… https://www.marketwatch.com/story/private-sector-job-growth-slows-down-in-november—adp-2019-12-04

67k jerbs added in November … love the Trump ecahhhhnamy.

Trade deficit also down, not on exports, but on decreased imports. Lower consumption (old word for TB) = lower imports.

[FlyerInHi]

[quote=flu]I don’t see the point of trying to predict the future besides trying to prove or disprove you are right to the point of missing opportunities. Not my thought process , so not my problem, lol.[/quote]

Really? You’re operating like the present will continue so you’re doing exactly what you’re against.

One should be prepared to take advantage of the business cycle. They are pretty easy to identify, not the exact beginning and end the cycles, but they are pretty obvious.

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