I’m just sharing a perspective you may not agree with. I’m not gonna be an ass to you about your opinion.
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Unemployment down
Interest rates down
Stock market hovering at all time high
Wages up
Housing market has expanded from distressed investors back to tenants purchasing
Not sure what data is forecasting drop other than - what goes up, must come down
- on occasion
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I mentioned P:E ratio being upside down. That basically says that stocks are overvalued.
Im not sure what that means about upside down, here is a p/e for 30 years.
Anyway stock market retracing is not equal to recession
I said correction. See that really big spike around 2008ish. That was not good, and the correction was so rough that we called it a recession. The level we are at right now is not nearly as bad, so hopefully it is just a mild correction. In fact, P:E ratio right now is considered borderline, so not that bad.
I don’t like Trump. However, I still want a good economy.
Predicting stuff like when a recession will hit, or what stock to buy (without having insider info) is a fool’s errand. I am not saying P:E is a perfect predictor, just that a pattern has been noticed.
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No, you just pulled a comment from out of your ass. You were even asked to clarify what you meant but your ass doesn’t know how it came up with it.
Or you could have chosen to clarify your comment. Civility is always nice but not making up things which are inherently divisive is also nice.
Stagnant wages, inflation outpacing wages, and a lack of liquidity among Americans to survive any amount of economic pain.
My prediction is still that student loans will cause the next recession. The outstanding debt (with no collateral) is breathtaking.
And I read it … boy you’re in fire today
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Always. My life is hell.
Can’t be that bad … you have the time to post on here
What did you think I was referring to?
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So, the economists saying there’s going to be a slowdown generally regardless of who is in office due to cyclical economic things are fear-mongering “liberals”…
…but your financial advisor saying the market will crash of Elizabeth Warren is elected is shooting you straight?
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All financial advisors shoot you straight. They have no vested interest in what you do, they are purely altruistic.
Why else would someone with the knowledge to beat markets and financial systems choose to forego making millions on their own and instead manage your pocket change?
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Which one isn’t a policy advocated by one of the Democratic candidates?
Your first statement has been true for a long time, it seems. And agree, except wages have increased for lower income, & not to real inflation as you say.
But 1.5 TT in total student loans. Somebody gonna kiss the baby.
Thqt is 1/2 of 1 year medicare for all. Whew, fixing preventing sick people is expensive, eh.
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One who will win?
When?
Before I lose whatever credibility I have left with “PWI”; let me clarify:
Yes; there has been at least one DEM candidate that has advocated the points that @Basement_Gainz listed; some more than one (like Warren). Conservatives have added enough hyperbole and fear-mongering to make each one sound like the coming of the Zombie Apocalypse; but Gainz is right; one or more have advocated one or more of what he listed. But as @thunderbolt23 said…none will see the light of day.
(“Taking away all of our guns” isn’t even worth discussing anymore…and hell…even Nancy-freakin’ PELOSI said eliminating Private Insurance/Medicaid-for-All will never see the light of day). Let’s look at two scenarios for the upcoming Presidential race:
TRUMP WINS: None of the stuff Gainz listed sees the light of day.
Trump doesn’t actually give a shit one way or the other; but he will go along with whatever the Trumpublicans, his Minions , and whomever shows up at his rallies wants to do.
DEMS WIN: None of the stuff Gainz listed sees the light of day.
Conservatives will suddenly find Jesus again; and the Constitution; National Debt; the Emolument Clause; Russia as an enemy; Corruption in Government; “morality”; the behavior of our Elected Officials; and Benghazi…you name it…will suddenly matter again.
And I’ve kinda’ missed the Tea Party and “Don’t Tread on Me!” flags, haven’t you?
NOT TO WORRY! They will both be back with a vengence!
Hope this clarifies things.
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