Goldman Sachs says 37% chance by 2024
Deutsche Bank says Major recession by 2024
Deutsche Bank says Major recession by 2024
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https://cdn.shopify.com/s/files/1/2...222f16e1faed48908f4e_530x@2x.jpg?v=1632813466Goldman Sachs says 37% chance by 2024
Deutsche Bank says Major recession by 2024
‘Recession shock’ is coming, Bank of America warns
Upside down in their house and a giant SUV they can’t afford to fill up.The American consumer will soon be running on fumes, and taking out more debt to sustain their lifestyle. This will not end well. Thanks Brandon!
All retail.Walmart is in the same boat. The shipping cost is killing them.
I am no expert but I am going to guess the robust inventory is some the catching up of over ordering everything when the supply chain had slowed to a crawl. Companies like Walmart and Target were ordering anything and everything to get merchandise into the store. Not saying there is not a shopping slowdown, only that over ordering is part of the equation.WMT also had its worst day since the 1980’s yesterday. Down another 5% today. The ex-CEO called a 32% rise in inventory “apocalyptic”. He said 8% is considered in the horrible range.
Yep. I have seen a lot of people make very dumb choices in this housing market. They will pay eventually.Upside down in their house and a giant SUV they can’t afford to fill up.
the government isn’t alone when it comes to fiscal stupidity.
Goldman Sachs says 37% chance by 2024
Deutsche Bank says Major recession by 2024
‘Recession shock’ is coming, Bank of America warns
Unless you're looking at an individual stock/sector with a story, you may want to keep your powder dry until the DOW passes 25,000.Looks like a great time to buy!
Dont give them any ideas.If we all just bought nothing for two weeks we could beat inflation.
I know nothing, but am trying to learn, for some reason I naturally thought 25k would be the bottom of this also. I have zero knowledge or background for this.Unless you're looking at an individual stock/sector with a story, you may want to keep your powder dry until the DOW passes 25,000.
Yes, that possibility was brought up. Still I don't know if I've ever been so concerned going forward, not just the economy. btw, Rents in my area are up 68% YOY.I am no expert but I am going to guess the robust inventory is some the catching up of over ordering everything when the supply chain had slowed to a crawl. Companies like Walmart and Target were ordering anything and everything to get merchandise into the store. Not saying there is not a shopping slowdown, only that over ordering is part of the equation.
It's no great secret that economists say pretty much the only way to kill runaway inflation is to start a recession. And the government will not be in any hurry to end it. Cuts demand for everything, including gas for commuting, and will freeze then drive back down prices really fast. Just got to hope it doesn't snowball, but with investors inevitably trying to cash out of real estate to lock in their gains, I don't see how we can.If we all just bought nothing for two weeks we could beat inflation.
It's no great secret that economists say pretty much the only way to kill runaway inflation is to start a recession. And the government will not be in any hurry to end it. Cuts demand for everything, including gas for commuting, and will freeze then drive back down prices really fast. Just got to hope it doesn't snowball, but with investors inevitably trying to cash out of real estate to lock in their gains, I don't see how we can.
I take it you weren't around during the dot-com crash, 77% drop. We aren't even half way to that crash. Know way too many folks borrowing and dollar cost averaging all the way down to the bottom. Took years and years to offset annual $3k cap loss deduction limit and some even borrowed on the way down.Looks like a great time to buy!
On the other hand, the NASDAQ is now about 32% off its all-time at today's close and the Russell 2000 about 28%. Getting close to just nibbling on some very high quality small cap growth funds...but not there yet IMHO.I take it you weren't around during the dot-com crash, 77% drop. We aren't even half way to that crash. Know way too many folks borrowing and dollar cost averaging all the way down to the bottom. Took years and years to offset annual $3k cap loss deduction limit and some even borrowed on the way down.
I take it you weren't around during the dot-com crash, 77% drop. We aren't even half way to that crash. Know way too many folks borrowing and dollar cost averaging all the way down to the bottom. Took years and years to offset annual $3k cap loss deduction limit and some even borrowed on the way down.
Target will eventually turn into the same thing as more and more middle class are becoming poorer and poorer.If it drops that far it’s time to buy.
their business model isn’t broken and target is great to escape the freak show at Walmart.
Wow they really are going out on a limb there. LOL.Goldman Sachs says 37% chance by 2024
Deutsche Bank says Major recession by 2024
‘Recession shock’ is coming, Bank of America warns
I'm more worried about stagflation than a recession. But, if It's severe enough, a recession could be extremely painful.Recession incoming, It will happen in the next 18 months
I will echo this in ankeny. It mostly food products at issue.Target is the only store in my area that i go to that has struggled to keep shelves full. Has been a problem since the pandemic began 2 years ago.
i used to stop at target 2-3 times a week, Over the last 7-8 months i have been there 8-10 times.
Would this be an inappropriate time to complain how expensive dedicated undercounted ice makers are?We are in the unfortunate postion of raising rates drastically right into a potential (if not likely) recession. It reminds me a little of the time leading into 2008 and 2009. Not to mention the food and energy shortages in Europe caused by the Ukraine conflict and sanctions. It's a mess.
Would this be an inappropriate time to complain how expensive dedicated ice makers are?
It came with the leftists...it will leave when the leftists are flushed.Well, you could if you want, lol. Rent in my area is up 68% for a two bedroom apartment, almost $3k. Groceries seem like twice as much. Steak is like $14 lb. I don't see how this situation can sustain itself. It may get worse.
I don't follow Target, but I understand their earnings were well short of both projections and guidance. That's never good, but in an environment when everyone is looking for a reason to unload.....BOOM!This is why I don’t really understand the stock market and let people who do invest my money. Target’s sales were up. They didn’t lose money. Their operating income was over a billion dollars. For just the first quarter? Is that bad?
Well, you could if you want, lol. Rent in my area is up 68% for a two bedroom apartment, almost $3k. Groceries seem like twice as much. Steak is like $14 lb. I don't see how this situation can sustain itself. It may get worse.
The work from home crowd can move to small rural towns if it bugs them that much. There will be no rent control in 99.9% of the countryThis is going to lead to rent control imo. Love it or hate it, as detrimental as it will be to new renters, that'll be the solution
The work from home crowd can move to small rural towns if it bugs them that much. There will be no rent control in 99.9% of the country
Some say it is already here.Recession incoming, It will happen in the next 18 months
Not sure where you live but in the ankeny Sam’s, NY Strip and ribeye are still around $10/lb. Sirloin and flank about $7 to $9. Can get a huge package of chicken thighs for like $6 total. Or huge many pound pork loin for like 2 a pound. No idea on what rent is but understand it would be substantially cheaper than on the coasts and big cities.Well, you could if you want, lol. Rent in my area is up 68% for a two bedroom apartment, almost $3k. Groceries seem like twice as much. Steak is like $14 lb. I don't see how this situation can sustain itself. It may get worse.
What's beef per pound over that way?Not sure where you live but in the ankeny Sam’s, NY Strip and ribeye are still around $10/lb. Sirloin and flank about $7 to $9. Can get a huge package of chicken thighs for like $6 total. Or huge many pound pork loin for like 2 a pound. No idea on what rent is but understand it would be substantially cheaper than on the coasts and big cities.
What's beef per pound over that way?Not sure where you live but in the ankeny Sam’s, NY Strip and ribeye are still around $10/lb. Sirloin and flank about $7 to $9. Can get a huge package of chicken thighs for like $6 total. Or huge many pound pork loin for like 2 a pound. No idea on what rent is but understand it would be substantially cheaper than on the coasts and big cities.
Stock price is based on not only current earnings and company valuation but also future earnings. When stocks don't hit projections or their future outlook changes it results in a drop in that portion of stock price that is based on the future.This is why I don’t really understand the stock market and let people who do invest my money. Target’s sales were up. They didn’t lose money. Their operating income was over a billion dollars. For just the first quarter? Is that bad?
Their profits were down 50% and their forward guidance indicated lower future profit margins due to inflation and cost issues.This is why I don’t really understand the stock market and let people who do invest my money. Target’s sales were up. They didn’t lose money. Their operating income was over a billion dollars. For just the first quarter? Is that bad?
It will be officially if GDP is negative this current quarter. That comes out in July.Some say it is already here.