/biz/ - Business & Finance

[Anonymous No.58948889]

A recession is coming sooner than anyone expected, all the data is starting to line up.
They lied about inflation, they lied about employment and unemployment, they're intentionally cutting rates late, and they lied about what they're doing with the economy.

It's a controlled demolition.

The cycle became too predictable and they will never let 2021 happen again because the average joe made too much money.

[Anonymous No.58948890]

Everything is at a discount. Why are you sad? Now is the time to secure generational wealth.

[Anonymous No.58948906]

Right anon of course they are not going to allow stocks to go up ever again
What a truly enlightened take

[Anonymous No.58948916]

>>58948906
They will once they buy everything up with the money they will print and give only to their friends at the bottom while you are forced to sell to pay rent/mortgage and groceries.

[Anonymous No.58949311]

>>58948890
Which crypto or stocks would you recommend? I've been reading that fintech such as PYPL, SQ, SOFI, HOOD would be good holds. Also I see that Oil (CL, XOM, OXY) seems to be on a downtrend. I imagine long Oil, Crypto, Tech is not a bad idea. AI seems like a meme but I'm open to it. As far as crypto I've heard SOL, ETH, BTC are good holds. What are some other long term hodl's out there that you know of?

[Anonymous No.58949327]

>>58948890
Discount? It’s all heavily overvalued. We’ve had champagne popping and cocaine sniffing economy since 2008 bailouts. Which stock market indicator are you looking at that doesn’t scream overvalued by at least 1 sigma?

[Anonymous No.58950031]

>>58948889
>is coming
We have been in a recession for two years, champ.

[Anonymous No.58950034]

>>58950031
That was the slow burn start, now comes the accelerated part

[Anonymous No.58950035]

>>58949327
Gamestop

[Anonymous No.58950042]

There's a fuckton of money sitting on the sidelines coupled with the massive printing that will happen.
Wait for the bear market and then throw everything into VOO which will average 15-20% for years once the crash is over

[Anonymous No.58950054]

>>58950035
surely that is a joke? gamestop is the definition of artificial price inflation. its one big fucking bubble with nothing to back it besides retards propping it up artificially

[Anonymous No.58950154]

>>58950054
>$4.1B cash
>$1.6B inventory
>no debt
>turned a -$300M deficit in 2021 into a $6.7M profit for 2023
>severed credit agreement to allow for dividends, repurchase of stock, etc.
>Price to book < 2
>(You) are a nigger
>AAPL P/B > 50
>NVDA P/B > 44

[Anonymous No.58950282]

>>58950042
>VOO
>crashes 40%
>crabs for 15 years as boomers sell their bags to fund retirement
heh, nothin personal kid

[Anonymous No.58950314]

>>58949327
>at least 1 sigma
That would be me

[Anonymous No.58951205]

>>58948889
Bounce back is inevitable just save for the cheapies and be patient.

[Anonymous No.58951415]

>>58950031
This is Republican propaganda, the experts agree we were never in a recession! Haven’t you seen the OFFICIAL statistics chud? Trust the government goy

[Anonymous No.58951419]

>>58948889
We've been in a recession since Joe got his Inflation Creation Act (stealth Green New Deal) through. When the news actually starts reporting on it, it'll almost be over.

[Anonymous No.58951427]

Every pleb is hopped up on doomerism and le recession indicators that "have predicted all recessions since 1987"

Therefore these indicators are priced in and it will keep going up

[Anonymous No.58951436]

I made $400 on thursday sold for news friday
>MFW MY STOCK GAINED $2,000 I MISSED THE TRAIN

Hopefully crash next trading day desu

[Anonymous No.58952187]

>>58948889
Recession is where you make money buying the juicy dips. The underlying companies will still be generating revenue during a recession but the stock price will take a hit. I am mostly in cash and spending the bare minimum from each paycheck.

[Anonymous No.58953083]

>>58948889
what I did to deal with all that was to just start therapy and go back to absurd things like $rocky, if everything is really going to crash and the economy goes to hell, I'm going to try at least to be happy in the meantime

[Anonymous No.58953103]

>A recession is coming soon
2 weeks maybe?

[Anonymous No.58953126]

>>58948889
This is like saying they're going to sink the ark because some rats got on board, or that they're going to nuke the planet because too many people own houses.
They can live with what they've built or they can kill themselves in spite of it, and either way it's literally not my problem. All good if everyone becomes as poor as me, even better if I get as rich as them. I literally don't care.
Sink the ship, I can swim.
Nuke the planet. I have holes to hide in.
I don't care. Make it with me or don't make it at all. I know which is the better choice.

[Anonymous No.58954486]

>>58951415
the economy is doing great! it's just that the money isn't going to the people, it's going to the billionaries instead.

[Anonymous No.58954551]

>>58950154
>inventory
So old ass games they couldn't sell? LMAO
>NVDA P/E 48
>AAPL P/E 33
>MSFR P/E 34
>GME P/E 294.54
B U B B L E
U
B
B
L
E

[Anonymous No.58954645]

>>58950154
I thought this was a video game retailer, not a fucking bank. What does it matter if they have 4 billion from people buying their overvalued stock if they're losing money on their core business?

[Anonymous No.58954647]

>>58948889
retard the USA has been in a recession for months/years already

[Anonymous No.58956483]

Nothing. Ever. Happens.

[Anonymous No.58956854]

>>58953083
smart answer.....