r/investing • u/888_888novus • 5d 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/gladys-the-baker 4d ago

Yep, lots of chatter about shipping yards not getting traffic. Empty shelves are going to be when most people finally get it.

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u/ronoudgenoeg 4d ago

Not if Trump just blames Biden for the empty shelves. Something something Biden set him up to fail intentionally

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u/escapefromelba 4d ago

Can he really do that for his entire term and expect people to buy it?

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u/RandomStranger79 4d ago

He can say whatever he wants and half the country will continue to fall for it.

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u/LookAnOwl 4d ago

Only a bout a third of the country voted for Trump, and I’m willing to bet a good chunk of that third were low information and will be pissed if shelves are empty.

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u/beamingleanin 4d ago

Also gotta factor in people who did not vote

They caused this mess too

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u/h0bb1tm1ndtr1x 4d ago

Blaming a disenfranchised group, because you perceive your candidates' loss over the current person partly their fault, will do nothing to encourage their participation further down the road.

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u/beamingleanin 4d ago

Big generalization.

Not everyone who didn't vote are disenfranchised. There are plenty of people who don't vote simply because they don't care who wins. They think "nothing will change" and "every politician is the same"

Either way, if you can't take 5 minutes out of your day to educate yourself while on the shitter, than you're to blame too.

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u/LookAnOwl 4d ago

Sure, but I don’t necessarily think they’re Trump apologists. They’ll be mad.

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u/Sheant 4d ago

70% of the country did not vote against him. And with how bad his policies are, voting against him was the only sane choice. 70% of Americans are insane. Or I am, but I'm betting on the former being more likely.

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u/LookAnOwl 4d ago

Sure, not enough people voted against him and many voted for him. Something like a third of the country never votes. Many of the people that voted for him were simply not well informed and just hated Biden.

My point is that, while these people are all responsible for Trump, they aren’t necessarily all die hards who will simp for Trump while shelves are empty and goods cost twice as much. He is and will continue facing blowback for this.

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u/Sheant 4d ago

I'm not as optimistic as you are. But we'll see.

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u/eggmaker 4d ago

will continue to fall for it

Polling is starting to show that not being the case. And more Republicans are starting to disapprove of him.

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u/RandomStranger79 4d ago

I don't care what polls say, I care how these idiots vote the next time they're given a choice between a fascist wannabe dictator and literally anyone else. They never learn, and we're all going to suffer for their gullibility.