So how deep the recession will be?

Discussion in 'Economics' started by kashirin, Mar 14, 2020.

How bad q2 will be?

  1. Positive

    3.7%
  2. Negative up to -2%

    14.8%
  3. Negative up to -5%

    25.9%
  4. Negative up to -10%

    14.8%
  5. Negative up to -25%

    22.2%
  6. Negative with MORE THAN -25%

    18.5%
  1. I think we have a couple of weeks to month more of this voluntary social distancing before we know the real damage. Hopefully it's positive news but even if it isn't, we need to get back to normal life. If I were a leader, I would push for this social distancing for a month and anyone who is afraid of catching it should self isolate until a vaccine is found. Quickest bounce back to ATH in history probably.
     
    #41     Mar 15, 2020
  2. ironchef

    ironchef

    Are you all in then? o_O
     
    #42     Mar 16, 2020
  3. ironchef

    ironchef

    Off your back? Some of you need our inheritance to keep out of poverty.
     
    #43     Mar 16, 2020
  4. LOL
     
    #44     Mar 16, 2020
  5. dozu888

    dozu888

    always has been...

    like i asked the question in 2016 if we running outa shares right, so the average cost is basically like half of today's price, that's why no worries for me...

    you gotta look this way.

    fundamentally there is NO OTHER assets worth buy and yield anything.... AI revolution still happening, nothings gonna stop that.

    plus, once you get to certain wealth level, the up and down don't matter no more...

    your quality of life aint gonna change.... because your account balance may go down 30% but all the non essential stuff are gonna go down just as much if not deeper like hotels airfares etc.

    so really there is nothing to sweat about.
     
    #45     Mar 16, 2020
  6. For what it's worth, don't buy the hype about AI. There is definitely a new paradigm there but it requires intensely multidisciplinary teams to execute well which means just the top 5 nasdaq companies will be able to take advantage.

    That being said, definitely looking at $QQQ (opinions on $TQQQ for a long-term long, how bad is the decay?)
     
    #46     Mar 16, 2020
  7. Real Money

    Real Money

    I'm also interested in this. Checked the book and the spreads are ugly. But, TQQQ could make you a nice return long term, given a bull market.
     
    #47     Mar 20, 2020
  8. LS1Z28

    LS1Z28

    The next generation will probably say the same thing.

    [​IMG]
     
    #48     Mar 20, 2020
  9. LOL

    Looked into it, apparently the decay on TQQQ is really bad for long term holds.
     
    #49     Mar 20, 2020