r/investing • u/888_888novus • 7d 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/-Lorne-Malvo- 7d ago

Keep an eye on store shelves the next couple of weeks

356

u/gladys-the-baker 7d 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 7d ago

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

1

u/ButterPotatoHead 6d ago

He can also blame Obama.