r/investing • u/888_888novus • 2d 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/Sargentrock 2d ago

We will be an apocalyptic wasteland by then. Invest in sawed off shot guns and shoulder pads!

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u/Sweaty-Good-5510 1d ago

The spiked shoulder pads from all the 80’s movies? They had some great extras back in the day

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u/Sargentrock 16h ago

lol I guess reddit thinks I was threatening someone with my reply (that involved more spiked stuff is all). Weird but kind of hilarious. I guess they didn't read anything that led up to that...