I’m predicting a global depression, but I’m not an educated investor.
“I’m predicting a global depression, but I’m not an educated investor.”
I think we’ll do better than the rest of the world, as usual. This recession looks more like ‘69-’70. Bond Market and then the Stock Market do the predicting. If people were more willing to do something productive with themselves we’d see a fabulous Boom start later in ‘23.
Another interesting tidbit:
“Between 1900 and 1928 there was a recession every 1 year and 10 months. Between 1929 and 1949 there was a recession every 3 years and 8 months. Since 1950 there has been a recession every 5 years and 9 months.”
Each has been called the End Of the World.