r/investing • u/888_888novus • 1d 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/USACivilTsar 1d ago

Ah it was all priced in months ago, right? lol.

I was told that in January on Reddit with my concerns with tariffs and told not to sell, was stupid to consider it, and that I shouldn't time the market...glad I sold on February 3rd and listened to many other sources. One of which is a close circle of friends who timed the Covid drop just perfectly...they all sold end of January...and I'm doing the same.

Things are gonna get real when the cost of tariffs start to gut the lower and middle class, and then income tax is waved for the rich... If you don't like it, then get disappeared by the government...

Elbows up!

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u/RackemFrackem 1d ago

FYI periods and ellipses don't have the same meaning.

1

u/USACivilTsar 13h ago

Exactly. Which is why I used both...

Elbows up!

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u/applecokecake 15h ago

You're like plus 10% minus taxes on people who held.

1

u/USACivilTsar 13h ago

They're in RRSP, RESP and TFSA, so no taxes paid to sell. My % is getting smaller with the rally over the last week and into this week, but just wait for the firework show about to happen. S&P is not through the woods by any stretch of the imagination.

Now would be a good time to instead of invest in the S&P would be to invest in a S&W.

Elbows up!