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by idopmstuff
1253 days ago
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The prediction was that we are guaranteed to go into a recession. Are you suggesting that we might have a recession in which the stock market doesn't decline? Bear in mind that this is a situation in which we can be sure the Fed will not prop it up, since they're the cause of it going down in the first place. If we're making predictions about recessions based on history, then it seems pretty clear that the result of one will be a market decline. |
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It doesn’t have to drop more in a recession because it already has! People losing their jobs and spending less is already predicted by Wall St.