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  • Consensus Economist Estimates Don't Suggest a Recession [View article]
    Ok... I am not going to insult anyone with a long cogent article full of link s and numbers that should make the average investor say, "O a recession ? No shit."

    It would be insulting because at this point when asked if our economy is headed towards a recession I think the average investor would ask me where I parked my squad car.

    This article in itself is evidence of a the coming recession, irrational hubris, investors wanting to will the stock market up.

    I am sorry people but we can't stop China's bubble it will have to spectacularly crash on its own and we certainly aren't ever going to have cheaper oil.

    We all understand supply and demand right ?

    We will be effectively "out" of oil by 2013 and the financial times agrees with me.

    How then are we going to simultaneously stop the housing debacle, and get cheaper energy in the next 1-2 years ?? What about 5 years ?

    There will be a recession. I'm sorry but at this point it's a joke to argue otherwise. I just hope it isn't too painful and DC gets a bit smarter ( nuclear energy, non bankrupting foreign policy , etc )

    Until then ya'll keep buying and I'll keep shorting.

    I am short the DOW via DOG.

    I should be long oil and gold and short the dollar for the next year or so.

    I think being long oil (spot price NOT a corporation...volume issues...get it ?) / short our stock market are the most obvious choices here.


    Jan 13 16:30 pm |Rating: 0 0 |Link to Comment
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