Re:Predicting Next Recession
by fauigerzigerk on Saturday November 23, 2019 @12:49PM
(#21615355)
I think many who expect a recession have been expecting one for years. They have been watching from the sidelines as the market passed them by.
That's why the fear of losing out dominates everything else right now and every mini correction gets bought - until something unexpected happens.
Re:Predicting Next Recession
by RickJWagner on Saturday November 23, 2019 @01:25PM
(#21615586)
“Far more money has been lost by investors preparing for corrections, or trying to anticipate corrections, than has been lost in corrections themselves.” – Peter Lynch
If people expect stocks to crash, then the expected "crash" is probably already priced in. If people expect a recession, then the reduction in economic activity is something of a self-fulfilling prophecy.