What I’ve heard in regards to the housing and stock market is “wait until the end of September or October to see what’s going on.” I think in general though the US dollar has gotten stronger and some things are now cheaper (excluding the inflation problem). So things that have gotten cheaper are: other currencies, gold etc. Bitcoin and other cryptocurrencies seem to be a shadow of the stock market. Sometimes the shadows appear/swing bigger. That’s not really a fact, just an observation based on the last year or so.

With that in mind, here are some articles worth looking over. I personally am going to continue to very slowly buy crypto with what I call “money I wouldn’t notice if it went missing” (plus about 50% since things are down). I think depending on how this fall looks, there’s still some room to go down, but hopefully it won’t drop more than 25%.

What I’m trying to do is “pace myself” with the next year or two in mind (ie not making quick/rash decisions).

Roubini Warns Recession Will Be Protracted, Severe

https://www.bloomberg.com/news/videos/2022-08-15/roubini-warns-recession-will-be-protracted-severe-video

JPMorgan CEO Jamie Dimon told wealthy clients there’s a chance the US is heading into ‘something worse’ than a recession, report says

https://finance.yahoo.com/news/jpmorgan-ceo-jamie-dimon-told-163049048.html

Every Wall Street Trend Goes Haywire as Stock Bears Are Crushed

https://finance.yahoo.com/news/every-wall-street-trend-goes-170000992.html

‘Big Short’ investor Michael Burry dumps stock portfolio after market crash warnings

https://nypost.com/2022/08/15/michael-burry-dumps-stock-portfolio-after-market-crash-warnings/

The Chinese dream of homeownership is crumbling. The economy could go with it

https://www.yahoo.com/video/chinese-dream-home-ownership-crumbling-090010131.html