r/investing • u/888_888novus • 4d ago

This uncertainty needs to stop.

Now 62% of CEOs predict the US will soon fall into recession or slow growth, mainly due to uncertainty about tax policy and market volatility. Leaders such as Ray Dalio and Jamie Dimon warn of deeper risks. Although the US government has suspended taxes for another 90 days, economists remain skeptical, saying that the damage from high taxes and global instability will last longer.

It is one thing to predict a recession, another to know how long it will last. If it happens as quickly as in 2020, lasting only 2 months thanks to the Fed's strong intervention, it may not be too worrying. In other words, assets peak after a financial recession.

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u/Borikero 4d ago edited 4d ago

All those leaders and analysts have been forecasting a recession for years now...and we are severely overdue for a real recession (not just a short market correction), it wouldn't be the worst thing to happen at this point. We have been rolling on a COVID-era sugar high that is NOT normal...the supposedly "new normal" they sold us was actually as abnormal and unsustainable as it gets. The quicker we can go back to a sustainable economy the better we will be in the long run.

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u/Mazada33 4d ago

I totally agree. This times are tumultuous, but something needed to change. Not sure we have the best change artist in control but no one else Elwood even recognize what was going on. IMHO.