Will we go into recession in the next 3 years?

Discussion in 'Trading' started by orbit23, Jun 17, 2020.

Do you think the world will go into recession within the next 3 years?

  1. Yes

    20 vote(s)
    87.0%
  2. No

    1 vote(s)
    4.3%
  3. Undecided

    2 vote(s)
    8.7%
  1. orbit23

    orbit23

    Nope. Why would it be. Do you wish for a recession?
     
    #21     Jun 18, 2020
  2. Turveyd

    Turveyd

    No Vaccine needed, unless your in Auss or NZ, they'll work out sooner or later, we've all had the thing and it's over all ready and it wasn't anywhere near as bad as the media has hyped.

    Thankyou Sweden for taking the chance and proving this, not that the world wants to listen mind :(
     
    #22     Jun 18, 2020
  3. maxinger

    maxinger

    Recession coming ?!?!

    Great!!!
    Then I will buy property at dirt cheap price at around end of recession.
     
    Last edited: Jun 18, 2020
    #23     Jun 18, 2020
    smallfil likes this.
  4. smallfil

    smallfil

    We had the economies of all countries shutdown for so long, what did people expect? That is the same reason for the oil glut. If you think the US is in bad shape, look at European Union counries, Japan, China among other countries. China has laid off tens of millions of workers who are lamenting the fact the communists did not give them any aid. Most of them make only $3 a day. China has 80% of its income tied to the export economy. Let that sink in. Those countries stubbornly shutting down their economies would be worst off in the next 5 years atleast. There is no 2nd wave contrary to the lies of extreme liberal media. Even Dr. Fauci admitted it himself. Instead, we will have an economic boom as more countries open their economies and get back to work. I use only the stockcharts to make my trading decisions. If you believe in fake news and our resident ET trolls, you deserve to lose your monies.
     
    #24     Jun 18, 2020
  5. SunTrader

    SunTrader

    Don't need to wish. We are in one RIGHT NOW!
     
    #25     Jun 18, 2020
    bone and Relentless like this.
  6. zdreg

    zdreg

    It might be a hyper-inflationary depression.
     
    #26     Jun 18, 2020
  7. bone

    bone

    Most economists will tell you we’re already in a recession. Could be a shallow short one or a long deep one - who knows.

    People need to get their heads around the fact that a stock index price simply reflects the market capitalization of the component stocks. Stock market levels are NOT necessarily a perfect reflection of economic health.
     
    #27     Jun 18, 2020
  8. xandman

    xandman

    OP, How is it possible that you do not think we are in a recession now?

    What definition of GDP are you going by? Maybe, you are confusing a Recession with a Bear Market in stocks.

    The two are not related.
     
    #28     Jun 18, 2020
    Relentless likes this.