[RomanSoldier19]

[Seruzawa]

“It’s very hard to stop inflation without a recession.”

Liar.

[Sirius Lee]

most Americans worried that the good times will be short lived.

Wait! These are the good times?

[tet68]

By nearly every measure, the U.S. economy made a stunning recovery after the coronavirus pandemic spurred mass shutdowns and layoffs nationwide.

The labor market has added back millions of jobs and wages have gone up substantially, even among lower-paying positions.

But soaring inflation and rapidly rising interest rates have most Americans worried that the good times will be short lived.

These are the good times???
What planet do these people live on?

[Taxman]

Ping

[eyeamok]

The labor market has added back millions of jobs

And there are Help Wanted signs Everywhere, especially in businesses and industries that NEVER had them before. The work ethic has been destroyed by generous Welfare and Unemployment benefits. Why go to work when Uncle Sugar will pay you to sit on your fat ass to hit the pipe, sip your 40 0z and jack off to video games all day. But Hey, Isn't Central Banking with a pure fiat currency great?

[allendale]

When you attack fossil fuels and nuclear, make fuel and electricity scarce and expensive, economic contraction follows. Agricultural production is severely affected. There will no only be worldwide lower living standards but food shortages and horrible hunger wars are coming. The green lunatics will neither starve no be held accountable.

[blackdog]

In the 70's the voter didn't have 401K plan statements arriving every month. The rage is coming. It just hasn't set in yet. On the flip side in the 70's and early 80's cash in money market funds was yielding 14%.

Man is it gonna get mean and without woke rules.

[alexander_busek]

Recession is ‘likely,’ former SEC chief economist says. Here’s his advice for how to prepare

1. Sell at least one of your yachts - the savings in demurrage, alone, will amaze you!

2. Expatriate the proceeds to Switzerland, where you already have several hundred million tucked away.

3. Divest yourself of all your holdings in North America.

4. Etc.

All very wise and actionable items of advice, no?

Regards,

[roadcat]

Bad times for those retiring now. But for young investors, some good information:

"The best days in the stock market generally follow the worst slumps, so if you continue to put money in even when prices are going down, you’re setting yourself up for major gains on the upside."

"“A dip is your best friend,” she said. “So, buy the dip, take advantage of the fact that prices are low right now and don’t try to time the market.”

[BRL]

The economy did not make a great recovery after covid 19. It was just masked.

[dfwgator]

We’re pretty much already there, don’cha think?

[sergeantdave]

“Here’s his advice for how to prepare”

The list:

1. Eat more hamburger.

2. Burn your credit cards.

3. Don’t refinance your home.

4. Don’t go to Ukraine.

5. Trust the government and buy I-bonds.