Thread: GOOD NEWS!
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Old 11-17-2022, 08:33 AM   #2
Jim in CT
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Join Date: Jul 2008
Posts: 20,428
if you’re not hoarding cash, you’re not paying attention.

Soaring interest rates, increases in credit card debt at higher rates, silicon valley giants announcing layoffs, god knows what’s going to happen to energy prices this winter, god knows what’s going to happen to housing prices with soaring mortgages of inventory ever increases,,yiu habe to think these interest rates are going to stifle consumer spending at some point, and that’s what drives our economy.

It’s not all bidens fault, Trump and Obama and Bush spent like lunatics. We’re due for a recession.

sell stocks, hoard cash, get back into stocks after the correction, hold
for years, you’re welcome.
Jim in CT is offline