Posted on 08/18/2019 4:12:01 AM PDT by Alas Babylon!
When I heard Mr. Repeat say that, I immediately shut him off! Actually, it doesn't take a whole lot for me to change stations when listening to Mr. Repeat. Especially when he interrupts a guest, just as the guest is getting to his/her main point/punch line!
Oh they are way beyond that. What can be done in certain case can’t be undone. It’s not only a different league it’s a whole different game
Sure the markets are cyclic but the sell off is not by any means. My question is where do you get the “50% sell off” from?
You’ve heard the phrase, “Experts have called 25 out of the past 3 recessions”?
Out economy is always either coming out of or heading towards a recession. It has been so for as long as I can remember and I have been involved in investing for over 40 yrs and so follow these things closely.
You could be right about the size of the sell off but you have an equal chance of being wrong. In other words it is a pure guess. As for it being caused by something as yet known, that is always a possibility.
Not to sound disrespectful since that is surely not my intent but you’re simply guessing and yours is a mostly worst case scenario (although it could actually be even worse than that) but it also could be wrong in that the unknown we speak of could be a positive one such as a discovery allowing for an unlimited non polluting energy source.
In the end I agree there will be at some point a recession but how deep or how long is anyone’s pure guess.
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.