Business & Finance All markets down, U.S. Economy looks to be entering a recession.

[Lickety]

I just sold everything. If you have any investments you care about, pull them out now. Things aren't looking good at the moment.

 

[Khastle]

I just sold everything. If you have any investments you care about, pull them out now. Things aren't looking good at the moment.
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Fuckkk, how bad they saying this one will be? And how do physical investments such as gold, silver and property look rn?

 

[Bibr]

I just sold everything. If you have any investments you care about, pull them out now. Things aren't looking good at the moment.

Good try fed. I'm with my stocks and metals through thin and thick.

Fuckkk, how bad they saying this one will be? And how do physical investments such as gold, silver and property look rn?

Metals are comfy. Remember you can add metals to your portfolio only if you physically own it and have it with you. Bonds of silver / gold are fake.
Silver dipped to prices from august. Gold is literally 3% (80$) away from its ATH that was 2 months ago. property continues to raise, but by now I thing it's some kind of IRL glitch. Prices can't go up infinitely.

Real talk for a second. If you want to put your "savings to work" just look for national bonds or some strict saving accounts. For example where I live I can get bonds with 6,5-7% APY. Depends on for how long I want to lock my money. Most of them are "inflation adjusted" after 1st year. If you happen to hold them when there's an infation spike you're eating good with your APY as "APY = yearly inflation + 1% base". Some folks in my country locked their savings in bonds when covid started and are now eating good with 15-18% APY. Sure, it's not a heckin 9999% up overnight on some shady crypto coin. But it would take a collapse of a country to make national bonds fail.

 

[Lickety]

Fuckkk, how bad they saying this one will be? And how do physical investments such as gold, silver and property look rn?

I do know that people have been saying we'll be entering into a recession ever since the last major election, COVID, and when an infinite money glitch was discovered in 2021 allowing 80% of the money supply in the US to printed within a year.
But the effects seen have been very slow creep, mostly due to companies and especially local governments trying (and doing a very good job for the past 4 years) to prevent economic collapse.
Within the past year alone, the average cost of standard groceries has risen about 70%~ ish.

 

[ThirdyAughtSix]

another flash flag nothingburger , Remember the moral undeniable truth of life: nothing ever happens

 

[playFACE]

WE DID IT JOE

WE DESTROYED THE U.S. AND GLOBAL ECONOMY JOE