Live data from Hacker News

Market Moves Suggest a Recession Is Unavoidable

bloomberg.com

41–50 of 121 posts

Re: Market Moves Suggest a Recession Is Unavoidable

#42
post #17

How can something "suggest" a recession is "unavoidable." If its a suggestion, then by definition it isn't unavoidable. These articles are silly. You'll find them for every time the market sneezes. October 2015, World Faces a Recession Next Year: https://www.cnbc.com/2015/10/13/citis-buiter-world-faces-rec... June 2016, The Next Recession is Already Here: https://www.cnbc.com/2016/06/21/the-next-recession-is-alread..…

I agree that the attempts at prediction are fairly silly, but this specific phrase is perfectly reasonable. “Suggest” talks about the state of our knowledge. “Unavoidable” talks about where we actually are.

Re: Market Moves Suggest a Recession Is Unavoidable

#43

If this is true, where is the best place to invest 10k-100k USD today?

I'm playing the cannabis market right now and i'm bleeding.

not just because of the slow growth of the canna industry, but the fear in Trumps trade wars and volatility in commodities is affecting every asset class.

Honestly, I would keep my hard cold cash. sit on it until the opportunity arises.

Re: Market Moves Suggest a Recession Is Unavoidable

#44
post #17

How can something "suggest" a recession is "unavoidable." If its a suggestion, then by definition it isn't unavoidable. These articles are silly. You'll find them for every time the market sneezes. October 2015, World Faces a Recession Next Year: https://www.cnbc.com/2015/10/13/citis-buiter-world-faces-rec... June 2016, The Next Recession is Already Here: https://www.cnbc.com/2016/06/21/the-next-recession-is-alread..…

Exactly. Every market correct feels like it's going to be the big one as its happening, and most of them pass.. By the time people start to feel like maybe it's over, market levels are usually well off the bottom and so everybody who wanted to "wait on the sidelines" miss their chance..

Re: Market Moves Suggest a Recession Is Unavoidable

#45
post #17

How can something "suggest" a recession is "unavoidable." If its a suggestion, then by definition it isn't unavoidable. These articles are silly. You'll find them for every time the market sneezes. October 2015, World Faces a Recession Next Year: https://www.cnbc.com/2015/10/13/citis-buiter-world-faces-rec... June 2016, The Next Recession is Already Here: https://www.cnbc.com/2016/06/21/the-next-recession-is-alread..…

"Evidence suggests that the heat death of the universe is unavoidable."

Re: Market Moves Suggest a Recession Is Unavoidable

#46

Earlier quoted context omitted.

if you think the market will go down you should short it...

What would be the best way to do this? Is there an index fund or something that is based on shorts? Sorry for the lack of knowledge.

there's inverse ETF's. SPXS is a leveraged "bear fund" that gains value as the S&P500 decreases in value. SPXS is particular will move 3X the movement of the S&P500 so a loss of 1% in the market is a gain of 3% in SPXS.

SPXS has been an awful fund to hold since 2009.

Re: Market Moves Suggest a Recession Is Unavoidable

#47

Given the projected IPOs next year (Lyft, Uber, AirBnB) I think this is a little pre-mature. I think the bull market has another year in it. That being said I'm shifting some of my assets out of the market.

Isn't them rushing to an IPO a signal that they think there will be a downturn?

Re: Market Moves Suggest a Recession Is Unavoidable

#48
post #47

Given the projected IPOs next year (Lyft, Uber, AirBnB) I think this is a little pre-mature. I think the bull market has another year in it. That being said I'm shifting some of my assets out of the market.

Isn't them rushing to an IPO a signal that they think there will be a downturn?

Not refuting that a recession is coming, just that it won't be in 2019.

Re: Market Moves Suggest a Recession Is Unavoidable

#49
Things that keep me up at night as a software contractor/freelancer: if there's a recession, are contractors the first to go? One counter-argument is that contractors can be a cheaper way for companies to build products (since it's not full time), which might mean companies favor contractors. On the other hand, companies who are reluctant to lay off full-time staff may start by canceling contract relationships.

Re: Market Moves Suggest a Recession Is Unavoidable

#50
post #17

How can something "suggest" a recession is "unavoidable." If its a suggestion, then by definition it isn't unavoidable. These articles are silly. You'll find them for every time the market sneezes. October 2015, World Faces a Recession Next Year: https://www.cnbc.com/2015/10/13/citis-buiter-world-faces-rec... June 2016, The Next Recession is Already Here: https://www.cnbc.com/2016/06/21/the-next-recession-is-alread..…

While the last couple of days have been particularly painful for me in the market, CNBC, Bloomberg, and financial news networks are the biggest pusher of fear out there. Fear sells, and they peddle fear better than anybody.

It's hard to buy, or even not sell during the last couple of weeks, but I'll reiterate a quote by Warren Buffet:

"Be fearful when others are greedy. Be greedy when others are fearful."

Post reply on HN