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2,958.8 standard & poor's 500

Markets are already looking past the oncoming recession.You...

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Tarvold

18,570 Posts.

1204

01/07/23

21:22

Post #: 68570617
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Originally posted by breadwinner1: ↑

'there is not actually that strong a correlation between unemployment and the stock market'

Got to disagree with this statement, as unemployment starts to rise just before a recession, while S&P500 starts to fall.

So while I'm holding BBUS, SNAS and BBOZ mainly as a hedge, I only need a recession to start.
Meanwhile stagflation is in motion, as I'm predicting a resurge in inflation, because the Fed wants to keep kicking the can down the road.
Be fearful when others are greedy, and be greedy when others are fearful.

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Markets are already looking past the oncoming recession.
You missed the market correction regarding a recession last year.

Value at posting: 2,958.8
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