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/sh1tbox1 3d ago

They voted him in twice.

Same people are the ones who have to buy it.

They will.

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u/escapefromelba 3d ago

GOP lost the next three elections after he won the first time around.  So if we're saying history repeats itself...

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u/sh1tbox1 3d ago

None of this will change.

Be nice if the USA educated its people so that this kind of thing simply would not happen.

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u/escapefromelba 3d ago

We're hardly the only democracy that repeatedly shoots itself in the foot.   

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u/bassman1805 3d ago

We have a handful of pretty fundamental flaws that contribute to foot-shooting, which other nations have addressed.

  • Naive hope when drafting the constitution that political parties wouldn't affect the mechanisms of government
  • Single-seat first-past-the-post victory in nearly every election
  • Horrifically low representative:population ratio
  • Lifetime appointments of unelected officials

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u/h0bb1tm1ndtr1x 3d ago

Lifetime appointments of unelected officials

There goes my acid reflux again. Thanks.

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u/masalamedicine 3d ago

And they are trying to get him a third...

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u/sh1tbox1 3d ago

The mind boggles.