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elweston2 | 6 years ago

Anyone who can say with certainty what the market is going to do is usually selling you something. Especially, when they trot out a magic number that predicts something. The division you are noticing has been there for a long time (100+ years).

Will there be a recession? Yeah. When, is the trick, it could be tomorrow or 10+ years from now. That recession will also be followed by a boom. Such is life. That we have not had one recently is a bit unusual but not unprecedented. You could even argue the the world is already in the 'coming' recession, minus the US.

I would posit people wanting a recession is just a form of jealously and resentment. Normal? Not in my experience. But then I may have just not noticed. I remember the gas lines of the 70s. No one really wants that just to feel smug, do they?

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