Opinion How do you feel about the economy?

[Stoic1]

We've been due for a recession for quite a while now. But right now the economy is still looking very good.

I can cash in hard if there is a recession and markets fall flat. I have a lot of dividends that I haven't been re-investing because the fucking market is out of control. I made bank in 2008 and would love to do it again in 2019. I am active duty military with less than 8 years left til my pension. Bring it~

 

[bushman505]

Are your lifestyles recession-proof insofar as you won't incur losses on existing wealth or are your jobs in tacts too?

I wouldn’t lose any wealth and both my job and my wife’s job are not going anywhere. We are also paid up on everything and not carrying any debt on houses or cars so we get to keep all of our income.

 

[ObamaPhoneLady]

I chose confident right however housing in my area is 20% overpriced.

Housing everywhere is overpriced. Home ownership won't be a thing for regular people in 20 years. It will be exclusively a rich privilege. We're heading towards a neo-feudal society.

 

[Seano]

Tough to say for sure until the trade deals are ironed out.

 

[KONG-D'SNT-TAP]

It’s based on fake tax cuts and debt.

 

[DIDM]

I think we’re due for a recession.

Why, what leads you to think this?

If it’s just what you think it literally holds no water, it’s like me saying, I think you still cry that your lady lost

 

[DIDM]

The market is due for another downturn, but we are already doing everything possible that would be done to prevent recessions during a downturn.

There isn’t an actual cycle for the market, we are on pace for record setting years, this train isn’t slowing down.

 

[7437]

There isn’t an actual cycle for the market, we are on pace for record setting years, this train isn’t slowing down.

That sounds like a perfect time to shore up the economy for when we have a downturn. Guess you are suggesting that it will never happen again.

 

[DIDM]

That sounds like a perfect time to shore up the economy for when we have a downturn. Guess you are suggesting that it will never happen again.

I’m not saying that at all, I asked what sign there was that it would happen. There’s nothing saying so, literally nothing. Are you looking for the economy to tank? Is that what you want? I’d suggest hoping in one hand, and shit in the other, see which one fills first

 

[7437]

I’m not saying that at all, I asked what sign there was that it would happen. There’s nothing saying so, literally nothing. Are you looking for the economy to tank? Is that what you want? I’d suggest hoping in one hand, and shit in the other, see which one fills first

I think it is worth at least considering because of the flattening treasury yield curve and the housing slowdown. Those have been signs if economic downturn before.

Economic downturn is pretty normal a d not that big of a deal unless for some reason we crippled the ability to respond to economic downturn in an attempt to heat the economy. Like having super low interest rates already, or being at huge debt levels during a boom time.

 

[DIDM]

I think it is worth at least considering because of the flattening treasury yield curve and the housing slowdown. Those have been signs if economic downturn before.

Economic downturn is pretty normal a d not that big of a deal unless for some reason we crippled the ability to respond to economic downturn in an attempt to heat the economy. Like having super low interest rates already, or being at huge debt levels during a boom time.

Housing downturn? Here in Portland homes go up for sale for about 2 weeks on average before closing. The intrest rate is rising, and Trump has only had 2 years to work on the debt, just imagine 6 more years, we will be at a surplus again. America is kicking ass right now compared to Obama era America

 

[brackis1]

Housing downturn? Here in Portland homes go up for sale for about 2 weeks on average before closing. The intrest rate is rising, and Trump has only had 2 years to work on the debt, just imagine 6 more years, we will be at a surplus again. America is kicking ass right now compared to Obama era America

This makes it seem like Portland has peaked.
https://www.zillow.com/portland-or/home-values/

 

[DIDM]

This makes it seem like Portland has peaked.
https://www.zillow.com/portland-or/home-values/

I live here, I see houses go up for sale, and not last long at all. In fact there’s 30-50 couples or individuals coming to look at open houses. Not only that there are shit tons of large condo buildings being built. We are becoming CA Jr. all those fucks are selling down there, coming here and buying a home in cash and still sitting on a nice egg just from their sale

 

[Lead]

It's good until it's bad. I'm pessimistic about the boom/ bust cycle and so I never try to assume everything is alright.

 

[7437]

Housing downturn? Here in Portland homes go up for sale for about 2 weeks on average before closing. The intrest rate is rising, and Trump has only had 2 years to work on the debt, just imagine 6 more years, we will be at a surplus again. America is kicking ass right now compared to Obama era America

The deficit has risen under trump, not declined.

For the rest of it, this report explains it. A downturn is very likely. https://tinyurl.com/yabhhz8g

 

[Trotsky]

Trump has only had 2 years to work on the debt, just imagine 6 more years, we will be at a surplus again. America is kicking ass right now compared to Obama era America

Hahahahahaha

 

[DIDM]

The deficit has risen under trump, not declined.

For the rest of it, this report explains it. A downturn is very likely. https://tinyurl.com/yabhhz8g

I could write a report saying finding Bigfoot is very likely, but until I present evidence of Bigfoot it’s just theory

The Deficit isn’t necessarily out of control, and a big thing Trump is doing is bringing back companies to America, which will decrease that

 

[DIDM]

Hahahahahaha

Prvove me wrong troll

 

[llperez22]

poll is still early, but interesting that something like how is the economy doing appears to be a partisan issue. A person could think a president is awesome or sucks for a ton of reasons but should still be able to admit if the economy is currently struggling or not without bringing left vs right into the equation

 

[Trotsky]

Prvove me wrong troll

Derp.

There are literally no credible predictions that Trump will shrink US debt or run a fucking surplus.