my guess is in the next few years a 30% drop. We are just out of options. its not one parties fault , its a government that cant control itself. We need a 20% actual cut from last years numbers in every federal program including ssn . that will never happen. we are a house of cardsBuckle up
We could head into the first true depression since 29 if we are not careful. on top of self inflicted idiocy we have a touchy world picture right nowPerhaps the most telegraphed recession of all time.
right now there is a serious baby formula shortageWait until the food shortages hit
Shirley not anutha recession.Perhaps the most telegraphed recession of all time.
Nah. No recessionPerhaps the most telegraphed recession of all time.
We're not going into another recession, DocShirley not anutha recession.
We juzt had wun 12 yeeerz ago.
Hopefully thangz won’t git dat bad
Herd about that lazt week. I wunda wut babies can eat if Thare ain’t no formularight now there is a serious baby formula shortage
Based on what indicators?We're not going into another recession, Doc
I’m da same way about CHIKKIN WANGZ!!Just tell me wood prices are coming down and I’ll be okay.
Wanna bet?Nah. No recession
Tittayz to save the day.Herd about that lazt week. I wunda wut babies can eat if Thare ain’t no formula
People will figure that out tho - baby formula supply runs out, more moms will continue breast feeding/pumping milk a little bit longer if they have to.right now there is a serious baby formula shortage
BINGOLIOTittayz to save the day.
They are but interest rates are going up.Just tell me wood prices are coming down and I’ll be okay.
All is wellWe're not going into another recession, Doc
Hey Rusty. Hey fellasBased on what indicators?
We're not be going into another recession, Doc
I'm just getting involved here. Don't take me too serious, I'm not the end all be all. Just like conversing about these things You're welcome. FYI to everyone.. I'm a portfolio manager on a small team managing a $62B portfolio, mostly consisting of corporate credit. We also have investments of private placements, mortgage (Abs, cmbs, mbs,etc) in the portfolio. I'm on the credit side.Damn, just when I was starting to get worried. Thanks @warjags !
The dominoes are still falling. We’re either on the downswing, or the upswing at all times. This trajectory has a lot of weight. We are headed for a shit situation beyond the current downfalls.Hey Rusty. Hey fellas
Too early to call imo. I'm looking at '23, '24. I'm looking at the leading indicators index up 6.2% YoY this year, and yet I hear "analysts" on CNBC saying things like “we are going into a recession right now.” No. Maybe in late 2023 or 2024. Not right now. Need to see LEI YOY in solidly negative territory to even have a chance.
P.S.
Long duration bonds- Treasuries & corporates are now exceptionally cheap. Best entry point since late 1994.
The dominoes are still falling. We’re either on the downswing, or the upswing at all times. This trajectory has a lot of weight. We are headed for a shit situation beyond the current downfalls.
Fig jamalama!!! I’m set to get government contracts next week!!!! I’m happy and sad at the same time!!!
I cover food/bev industry at work and It is strange to see this, granted it's not on a significant national level (yet) bc none of the companies such as Kraft, Danone, Reckitt,etc are not reporting significant headwinds for this particular product or ANY product in recent earnings reports.Herd about that lazt week. I wunda wut babies can eat if Thare ain’t no formula.
Fig jamalama!!! I’m set to get government contracts next week!!!! I’m happy and sad at the same time!!!
not true at all but I guess you have no idea so that's cool. its the specialized formula for sick babies that is in short supply. mothers who cant provide milk are have already stopped cant restart. this may be the stupidest take in bunker historyPeople will figure that out tho - baby formula supply runs out, more moms will continue breast feeding/pumping milk a little bit longer if they have to.
its a perfect storm, we will pay for the Wuhan nonsense for generations.The dominoes are still falling. We’re either on the downswing, or the upswing at all times. This trajectory has a lot of weight. We are headed for a shit situation beyond the current downfalls.
You heeering anythang about PORNHUB starting to charge wit BITCOIN SUBSCRIPTIONS??I'm just getting involved here. Don't take me too serious, I'm not the end all be all. Just like conversing about these things You're welcome. FYI to everyone.. I'm a portfolio manager on a small team managing a $62B portfolio, mostly consisting of corporate credit. We also have investments of private placements, mortgage (Abs, cmbs, mbs,etc) in the portfolio. I'm on the credit side.
I'm trying abstain from having to do anything with any porn sites, Doc. I think that would be great though. Most nerds who own Bitcoin definitely rub their carpets and choke their chickens. Good combinationYou heeering anythang about PORNHUB starting to charge wit BITCOIN SUBSCRIPTIONS??
A lot of truth here.Just buy every single day. But when it’s up and buy more when it’s down. When it seems like America can’t recover, buy more. After 30+ years of investing, my only regret is selling anything.
AKA our reaction to the Wuhan nonsense. It was just a huge power grab and we are and will be paying the price.its a perfect storm, we will pay for the Wuhan nonsense for generations.