Do you guys think the economy is going into a recession again?? Just when I thought we're finally out of this mess, seems like things are starting to get crappy again.
How is this going to affect banks and PE firms hiring numbers?
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we are going into a double dip recession no doubt its going to be this this year q4 prob
never trust a guy in a tunic...
We're no where close to being out of this mess.
All your FT offers are belong to us.
This
Just pray to God Washington doesn't bail out more companies......now the correction is going to be worse than the original recession.
so the consensus is that the worst is yet to come? You guys think worse than end 2008 / early 2009?
worse. i said this a couple weeks ago.
agreed...here comes the second wave.
Hmmm 9 bearish responses. 0 qualified (star) users. Conclusion = reassurance.
How typical for the edit button to suddenly disappear right when I need it.
I was going to make a point of mentioning this earlier, but I wanted to see what amazing thoughts all these under-qualified folks had. Thanks for ruining my fun.
Yeah because all the QUALIFIED folk working at Lehman & Bear were so smart and predicted this was going to happen.
This dip is gonna hurt. But by the time it's over I'll be able to pick up some CHEAP companies and commodities,just like I did in '08.
Am I not good enough?! :)
The problem is that politicians control the currency.
But yes, it seems like a great time to be picking up utilities stocks. I have no idea why they're underperforming. ROE was allowed to increase among regulated utilities in the late '70s and early '80s to keep up with treasury rates; one would think they are a safer investment than tech stocks heavily exposed to consumer spending.
I'd say there aren't many people qualified anywhere to say if a recession is on the way or not. However, from what I've heard, public perception is what leads a recession. If people think it is going to happen, it probably will.
A recession is technically two consecutive quarters of negative GDP growth. Based on the black hole of 2008 that we just crawled out of and the 10 years of equity growth that was literally erased, I have trouble seeing us actually falling into a recession or a period of continued decline in the equity markets.
Follow the economic fundamentals; UE / housing starts / etc. have all improved over the last 8 months or so, but the market has exaggerated the real impact as it always does. It's a correction and one that most investors have believed was coming for months.
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