Don't listen to anyone on this site for economic news or predictions. Most of the predictions and proclamations of doom and destruction are worth squat.I don't think anyone disagrees that a large economic downturn is upon us, and I don't think anyone expects it will improve quickly, or soon. But the recession isn't affecting everything equally, and it seems pretty clear by now which stocks are hurting, and which ones are booming. Maybe the upswing is because the market has mostly priced all that in already?
If not, which sectors specifically do you think are heavily overvalued, and why? I'm an amateur at this so guidance is appreciated.
Even an economist or financial expert can not tell you the future, even the people that make economic decisions for the USA and Canada can not tell you the future. To listen is not to take the advice, in the end you have to choose your own way. Some opinions are valid and some are guesses, the final choice is up to you. The alternative is to do nothing and be taken in the direction of the currents that will sweep you along. Some people will take precautions and be better off in doing so.Don't listen to anyone on this site for economic news or predictions. Most of the predictions and proclamations of doom and destruction are worth squat.
Who, in their right mind, would go to an escort review website for money questions or predictions?
While I agree there is quite a bit of bad economic news in the near term, bankruptices, job losses etc etc, I 110% believe we are headed to a much better place and reality then we left behind. The rebirth is gonna be AMAZING!! ...but there is 12-18 months of turbulence ahead.Even an economist or financial expert can not tell you the future, even the people that make economic decisions for the USA and Canada can not tell you the future. To listen is not to take the advice, in the end you have to choose your own way. Some opinions are valid and some are guesses, the final choice is up to you. The alternative is to do nothing and be taken in the direction of the currents that will sweep you along. Some people will take precautions and be better off in doing so.
The covid-19 epidemic and the coming economic downturn will have long term effects on us for years to come. The choices you make today can make a big difference in your financial future.