Market crashing

Well, "shiver me timbers"!!

Is it my imagination or did the NASDAQ and S&P 500 both just set another all time highs today?

I believe you are correct.

And hey, what do you know...had the fat oaf not initiated "Trump's Folly" with Iran the market would be a helluva lot higher than it is today.

Cause and effect, dontcha know.

Quote: fleaswatter

Well, "shiver me timbers"!!

Is it my imagination or did the NASDAQ and S&P 500 both just set another all time highs today?

gas price also went up, too. And food prices haven't come down. And Congress wants to give Donny a billion-in part-for his ballroom.

Oh, noooooooooooo, "jiminy crickets", not again!!!

The NASDAQ and the S&P 500 both ended the week again at all time highs.

Yes, and as I said before it would be MUCH HIGHER but for Trump's Folly in Iran.

Quote: fleaswatter

Oh, noooooooooooo, "jiminy crickets", not again!!!

The NASDAQ and the S&P 500 both ended the week again at all time highs.

Gasoline, oil and diesel prices went up,too. Food prices haven't come appreciably.

Quote: GenoDRPh

Gasoline, oil and diesel prices went up,too. Food prices haven't come appreciably.

It is almost like people have not taken economic classes, and do not realize what happens to the markets 4-12 months before a recession.

(Spoiler: Markets spike to crazy levels several months to a year, before they start to dip, then crash, then recession.)

This happens because companies are making a ton of money because of high prices. So stocks of mainstream companies shoot up. Prices rise, until normal people cannot afford it anymore, and then just stop buying or drastically cut back. Then companies start to cut jobs. Soon, prices are at high levels, and nobody has a job. And, then when this happens, the SP500 will not be at the level it is today.

I am not 100% sure we are on the verge of a recession by next year. But, many people smarter than me think so. Looks at stats it is about 50/50 to occur by the end of 2026, and quite a but higher to occur sometime in 2026 or 2027.

I am old enough to remember Gas Prices (caused by another illegal war,) and stock prices right before the Great Recession (very similar to today.)

High stock prices, increased levels of personal debt, and high consumer good prices, usually does not signal a good thing coming. In fact it statistically rarely does. Even if not a technical recession, suboptimal markets in the next 12-24 months.... "Higher" does not always mean good.

Quote: Gandler

It is almost like people have not taken economic classes, and do not realize what happens to the markets 4-12 months before a recession.

(Spoiler: Markets spike to crazy levels several months to a year, before they start to dip, then crash, then recession.)

This happens because companies are making a ton of money because of high prices. So stocks of mainstream companies shoot up. Prices rise, until normal people cannot afford it anymore, and then just stop buying or drastically cut back. Then companies start to cut jobs. Soon, prices are at high levels, and nobody has a job. And, then when this happens, the SP500 will not be at the level it is today.

I am not 100% sure we are on the verge of a recession by next year. But, many people smarter than me think so. Looks at stats it is about 50/50 to occur by the end of 2026, and quite a but higher to occur sometime in 2026 or 2027.

I am old enough to remember Gas Prices (caused by another illegal war,) and stock prices right before the Great Recession (very similar to today.)

High stock prices, increased levels of personal debt, and high consumer good prices, usually does not signal a good thing coming. In fact it statistically rarely does. Even if not a technical recession, suboptimal markets in the next 12-24 months.... "Higher" does not always mean good.

You may be right. You may be wrong. If you think you can predict with any certainty the next recession, good for you. I’ve been on the planet since 1960. Google tells me I’ve experienced 11 recessions, so around one every 5-6 years. Funny how we always seem to bounce back no matter who is the President, who is Senate Majority leader, who is the Governor of California.

Are YOU really worried if the government declares we are in a ‘recession’? Or are YOU just going to keep going to work, keep saving, keep investing, keep living your life as you have these past post COVID years?

Quote: SOOPOO

You may be right. You may be wrong. If you think you can predict with any certainty the next recession, good for you. I’ve been on the planet since 1960. Google tells me I’ve experienced 11 recessions, so around one every 5-6 years. Funny how we always seem to bounce back no matter who is the President, who is Senate Majority leader, who is the Governor of California.

Are YOU really worried if the government declares we are in a ‘recession’? Or are YOU just going to keep going to work, keep saving, keep investing, keep living your life as you have these past post COVID years?

I am not worried at all. But, you guys on here making daily posts about the SP500 like this is some kind of great sign is silly.

Sometimes a high SP500 is a bad sign.

And, when it is a high market, along with high prices of consumer goods, that is often when it is a bad sign. And, I don't know if you do your own grocery shopping, but that is world that we live in. And, high gas prices, about 4.55 today, and will probably go up significantly tomorrow if operations resume tonight (which is now looking possible.)

If we do enter a recession this year (or next year,) the difference this time is this recessions was directly caused by the President (high gas prices and high consumer prices caused by the war and by illegal tariffs.)

I do not think I can predict it with certainty, but the warning signs that it is very possible are there, especially if the war does not end soon, and Trump does not stop trying to invent new ways to impose new tariffs everyday....

Quote: SOOPOO

You may be right. You may be wrong. If you think you can predict with any certainty the next recession, good for you. I’ve been on the planet since 1960. Google tells me I’ve experienced 11 recessions, so around one every 5-6 years. Funny how we always seem to bounce back no matter who is the President, who is Senate Majority leader, who is the Governor of California.

Are YOU really worried if the government declares we are in a ‘recession’? Or are YOU just going to keep going to work, keep saving, keep investing, keep living your life as you have these past post COVID years?

In a recession,EVERYONE just wants to go to work, keep saving, keep investing, keep living their lives...until they get laid off. Then they get evicted for not paying the rent. Or they get evicted for not paying the mortgage. Then the government has to borrow more and more billions to help people in dire financial straights because the GOP in power phucked up the economy. Then the Democrats have to borrow even more and more billions to fix it, because economies do better under Democrats than Republicans. So, yeah, we should be worried.