Recession Articles

What Will Happen and When Will We know?

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).

 

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

 

 

 

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