Double dip recession?
- Thread starter BallzDeep
- Start date
I agree with you, the stock market will test the low of this March either end of this year or by 2nd quarter of 2010. With 81 banks already went belly up and another 200 considered not to make it by the end of the year, does not sound too great! There is no green shoots, just some yellow weeds.
Cycleguy007
Banned
What worries me the most is how bullish everyone is, AIG came out and said it was going to pay back the tarp and everyone got excited, they will never pay that back in our lifetime. As much as people don't like to admit it, I believe everything hinges on the US, and things are getting much worse down there imo. 1 in 8 homes are either in or in the process of foreclosure.
I keep hearing about a jobless recovery, how do we have a recovery when people have little money to spend, however I'm not a financial guy so I'm prolly missing something.
I keep hearing about a jobless recovery, how do we have a recovery when people have little money to spend, however I'm not a financial guy so I'm prolly missing something.
since the market will always go the opposite of what majority people think. since the majority of people in the stock market always lose money, or miss upside chances. if most people think there will be another dip, there will not be.
Actually, the market hit bottom in November and again in March so I doubt there will be a 3rd bottom. This will likely be a one dip recession because the first dip was so deep and so long that it is as severe as a double or triple dip.
This is unlike the shallow "Carter recession" which needed the deeper "Volker recession" to kill inflation. The cause of the next recession will probably be inflation, due to the vast amount of money being printed to bail out the banks now.
This is unlike the shallow "Carter recession" which needed the deeper "Volker recession" to kill inflation. The cause of the next recession will probably be inflation, due to the vast amount of money being printed to bail out the banks now.
Rockslinger said:
People aren't spending which means businesses can't pay rent thus landlords don't get paid, stimulis is propping things up.........the majority of the existing homes sales in the states were under 100g, what about the people on the other side of that, the ones that owed 200 on it, plus most of those sales were the result of a tax credit, 33% of buyers were first timers that get a tax credit.
Auto sales are the result of cash for clunkers. Our dollar is getting stronger which isn't good for exporting, since we are an exporting nation. I guess I just don't get it and I'm most likely going to take a substantial loss because of it.
Everyone talks about cost cutting as a good thing, cost cutting means people are out of work. Heard a story of a shirt salesman on Wall street who said it looked good on all those greedy wall street traders when they lost their jobs, 6 months later he was out of business because they kept him in business, anyhow I'm just rambling now.
Unless a person has stocks invested it really does not matter which slope it takes. This is for the benefit of the investors and shareholders. Why a recession really occurs is in the mist of slow economic growth, While price increase. This created a stagnate effect on the local, national, international economy. This inactive state of being and unchanging economic environment leads to reduction in overhead, people power while company look for way to save money and budget through hard times.
Simple process of accounting assets + liabilities = equals owners equity
No stimulus means no; growth, especially when dollar value is increasing, and prices are rising……. Simple laws of average, corporate partners suck the country dry, while the rest lose there homes.
Sorry. Just being realistic
Simple process of accounting assets + liabilities = equals owners equity
No stimulus means no; growth, especially when dollar value is increasing, and prices are rising……. Simple laws of average, corporate partners suck the country dry, while the rest lose there homes.
Sorry. Just being realistic
I guess what I can't get past is that most people live off the eqitty in their homes, now that they don't have that, now what, plus the fact that so many lost alot of their retirement savings in the meltdown, they're hoarding now, as I said earlier, I don't get it and probably shouldn't be dabbling in it.
You just do not have you blind person glass on and are seeing the facts in a common sense mannerism
My view is that moderate growth will return but employment will not, which will cause the rebound to be VERY slow.
OTB
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