Vaughan Spa
Toronto Escorts

What kind of a rough ride are we heading into, covid 19, recession, US elections.

Ceiling Cat

Well-known member
Feb 25, 2009
28,191
1,104
113
I think we are headed into a very volatile market with a lot of pull backs and then rises. It will not be a V,W or L recession. I think it will be a saw tooth recession. Set aside some money. If you have confidence this world will survive then use the opportunity to enhance your future. Otherwise buy crackers and toilet paper.
 

daywalker11

Mongerer
Dec 27, 2011
507
107
43
Toronto
Volatility futures curve would seem to agree with you at this point. I am hoping for a serious bottoming out to jump in at. The. Trade around a core. Safe to say we aren’t getting near 3400 again for the rest of the year.
 

Smallcock

Active member
Jun 5, 2009
13,703
21
38
Maybe it’ll be a depression rather than recession.
 

daywalker11

Mongerer
Dec 27, 2011
507
107
43
Toronto
Maybe it’ll be a depression rather than recession.
Quite likely from a technical aspect, at least for the short run. What we will see is inflation. I am not sure what will happen to the equity markets. I fear government action in general and they will seize control of anything they touch. We have bankruptcy law to deal with this and that should be the primary method. Not government bailouts and takeovers.
 

Ceiling Cat

Well-known member
Feb 25, 2009
28,191
1,104
113
IMHO. The world is such a different place than it was in the 1930s. With the communications and resources we have today I think it is not likely we will go into a depression. A recession is widespread economic decline that lasts for at least six months. A depression is a more severe decline that lasts for several years. For example, a recession lasts for 18 months, while the most recent depression ( 1929 ) lasted for a decade. There have been 13 recessions since 1929. We are now in economic crisis with most of the world slowed by the covid 19 situation. It is paramount that this pandemic be controlled before the world attempts to correct the economy. We will suffer a set back, but with the governments of the world working together we can minimized the economic effects of the pandemic and put the economy back on track. Big players that have a lot at stake will do their part. There has been a recession expected in the 8-9 year cycle before the covid 19 crisis, so if we are not already in recession it will come soon. Possibly we may cycle in and out of several recessions in the next few years.
 

Smallcock

Active member
Jun 5, 2009
13,703
21
38
We're already in a recession. The question is how severe it will be.

Your view of how the world has changed since the 1930s is encouraging and I hope it's true. But I'm reminded of the old saying... the more things change, the more they stay the same....
 

daywalker11

Mongerer
Dec 27, 2011
507
107
43
Toronto
Correct. I don’t anticipate bread lines, so you are correct there CC. I do however see a 10% decline in real GDP as a possibility especially if we get a second wave without a vaccine or antibodies test.

I think what we get here is massive inflation. Cash will perform well in the short term but has the printing presses globally hum along it will make its way to higher prices. Especially now that more of the bail out is going to the consumer instead of shoring up company balance sheets. So don’t stay in cash too long.
 

malata

RockStar
Jan 16, 2004
3,829
172
63
Paradise by the dashboard light.
Correct. I don’t anticipate bread lines, so you are correct there CC. I do however see a 10% decline in real GDP as a possibility especially if we get a second wave without a vaccine or antibodies test.

I think what we get here is massive inflation. Cash will perform well in the short term but has the printing presses globally hum along it will make its way to higher prices. Especially now that more of the bail out is going to the consumer instead of shoring up company balance sheets. So don’t stay in cash too long.
only if stimulus injection causes the stock market to rebound from previous levels, then the rise or fall of GDP would either create inflation or deflation. this would trigger QE or QT as conditions unfold. me thinks inflation very unlikely

 
Ashley Madison
Toronto Escorts