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  • Are we headed towards a full-fledged global recession?

    From valuewalk.com

    Nationally syndicated host and biblical investing authority Dan Celia said today that recent developments globally will impact everyone economically-and soon. Indeed, we could be headed towards full-fledged global recession very soon. “Make no mistake about it, we will be in a full-fledged global recession in just a matter of weeks,” Celia said, “and the United States will not be excluded from this recession. We obviously can’t be in a technical recession at least until the end of June, since a recession is defined as back-to-back negative GDP quarters. But we will be in a financial and emotional recession ... (full story)

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  • Comment #1
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  • Mar 12, 2020 1:16pm Mar 12, 2020 1:16pm
  •  RossEdwards
  • Joined Jun 2019 | Status: Member | 3294 Comments
Yes.
Warning: A Dangerous Subversive: 1% of comments CoCed
 
 
  • Comment #2
  • Quote
  • Mar 12, 2020 1:42pm Mar 12, 2020 1:42pm
  •  Maxthetrader
  • | Joined May 2019 | Status: Member | 638 Comments
No.
 
 
  • Comment #3
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  • Mar 12, 2020 3:40pm Mar 12, 2020 3:40pm
  •  Banditten
  • Joined Sep 2019 | Status: Member | 1106 Comments
Yes. But it will be very short lived.
 
1
  • Comment #4
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  • Mar 12, 2020 4:43pm Mar 12, 2020 4:43pm
  •  hellsbells
  • Joined Mar 2016 | Status: Member | 20 Comments
Yes. The global debt bubble is announcing itself with a big "ta dah"
 
 
  • Comment #5
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  • Mar 12, 2020 4:53pm Mar 12, 2020 4:53pm
  •  nbfx
  • | Joined Oct 2010 | Status: Member | 1483 Comments
Probably. It's not the just debt bubble, but various other asset class bubbles as well.
Mulitibubble? Bubblefest?
Lots of bubbles make Foam.

Perhaps we should refer to them all collectively as Global Foam.?

Double, double toil and trouble;
Fire burn and caldron bubble.
Fillet of a fenny snake,
In the caldron boil and bake;
Eye of newt and toe of frog,
Wool of bat and tongue of dog,
Adder's fork and blind-worm's sting,
Lizard's leg and howlet's wing,
For a charm of powerful trouble,
Like a hell-broth boil and bubble.
 
 
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  • Posted: Mar 12, 2020 12:40pm
  • Submitted by:
     Newsstand
    Category: Fundamental Analysis
    Comments: 5  /  Views: 3,037
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