Re:A global house-price slump is coming
by lotsofpulp on Friday October 21, 2022 @12:54PM
(#33290260)
Damn, did I miss the memo on this forum to sell all stocks at the beginning of 2022?
[ Parent
| on HN ]
In theory you missed that memo in 2019, it's that Corona threw in a curveball that gave us an additional 3 years on the inevitable recession. This is why timing the market is hard.
Alternatively, people I know who got that memo in 2019 sold their stocks, went short and now are in a significantly worse position.
Re:A global house-price slump is coming
by lotsofpulp on Friday October 21, 2022 @01:14PM
(#33290523)
Was there a memo at the end of 2018? If not, why would there have been a memo in 2019 but not 2018?
Re:A global house-price slump is coming
by smileysteve on Friday October 21, 2022 @01:49PM
(#33290919)
Yes, the memo came in November 2021 from the federal reserve and multiple companies.
Re:A global house-price slump is coming
by lotsofpulp on Friday October 21, 2022 @01:56PM
(#33291020)
Does a memo get issued for when to buy stocks?
Re:A global house-price slump is coming
by monkeynotes on Friday October 21, 2022 @02:35PM
(#33291488)
Just follow what congress members do: https://www.businessinsider.com/congress-stock-act-violation...
Re:A global house-price slump is coming
by nostrademons on Friday October 21, 2022 @07:21PM
(#33293997)
Yes, wait for your first S&P 500 bankruptcies and that will be your sign that the Fed pivot is imminent.