Next Recession

Discussion in 'Markets & Economies' started by Goldmiester, Jan 14, 2021.

?

Will we see a global recession in the next 12-18 months?

  1. Yes

    79.2%
  2. No

    20.8%
  1. heartastack

    heartastack Well-Known Member Silver Stacker

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    Anyone seen this pop up on LinkedIn :eek::eek::rolleyes:

    1F9DA568-F5E1-4127-A0FC-5217AF0D057B.jpeg
     
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  2. Millennial Engineer

    Millennial Engineer Well-Known Member

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    I don't know to much about the Bond market.

    Gregory M told me that it is very important to the stock market and it leads the Stockmarket.

    When the Yield Curve first inverts stock market collapse should be to 18 months away.

    Steve thinks yield curve is signalling recession and not collapse., information is too hard for me to digest on the video, have to read more comments. discussion about bond yields Starts 16 minutes in.

     
  3. Goldmiester

    Goldmiester Active Member

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  4. JohnnyBravo300

    JohnnyBravo300 Well-Known Member Silver Stacker

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    Asphalt maintenance and patching. We mostly crackseal and seal coat. Roads parking lots driveways whatever.
    Its dirty hard hot work but its work no one wants and it's good solid work and pays great so I like it. Theres not anyone pounding on the door for a job that's for sure and we have huge turnover haha.
    I get to travel Colorado for 8 months and work 60 or 70 hours a week, tons of overtime, home on the weekends and then we get 4 paid months off for winter.
    It's a great gig for me and I dont have many complaints about it.
    It's true what they say, the guy that does asphalt has a dirt driveway.
    Its total crap and starts deteriorating from the day its put down but job security.
     
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  5. sgbuyer

    sgbuyer Well-Known Member Silver Stacker

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    Do you repair such asphalt?

     
  6. JohnnyBravo300

    JohnnyBravo300 Well-Known Member Silver Stacker

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    Holy shit!
    I've never seen holes that big on a road before haha. I hope those people were wearing seatbelts or they bounced off the ceiling.
     
  7. sgbuyer

    sgbuyer Well-Known Member Silver Stacker

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    You probably don't get that much rains in Colorado but flooding causes tremendous damage to roads and building foundations (which can't be seen and isn't reported).

    We had crazy rains past couple of months. 210.6mm (8 inches) of rain on Sat, 2nd day of new year. Googled gunnision gets 11 inches for an entire year! Even less than Melbourne at 20 inches. Didn't see any flooding during the new year weekend so I was surprised when I googled for it. We have the best drainage system in the world and it's all underground and not visible.

    https://www.straitstimes.com/singapore/wet-and-windy-start-to-the-new-year-continues-into-saturday
     
  8. Goldmiester

    Goldmiester Active Member

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    Interesting opinions as always. The vote is going as expected with the majority expecting a recession in the next 12-18 months.
     
  9. mmm....shiney!

    mmm....shiney! Administrator Staff Member Silver Stacker

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    Confirmation bias?
     
  10. Goldmiester

    Goldmiester Active Member

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    Possibly but I guess there would be a reasoning behind why they held that opinion in the first place.
     
  11. mmm....shiney!

    mmm....shiney! Administrator Staff Member Silver Stacker

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    I doubt it.
     
  12. Goldmiester

    Goldmiester Active Member

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    Are you still stood firm on the “fknose” option? :D
     
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  13. mmm....shiney!

    mmm....shiney! Administrator Staff Member Silver Stacker

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    Yep. :)
     
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  14. alor

    alor Well-Known Member Silver Stacker

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    its a two parts world now. mostly growing...some part would be in depressions. just like bitcoins fly and bonds tanks etc
     
  15. Ag bullet

    Ag bullet Well-Known Member

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    you sure that's not Byron Bay?
     
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  16. Ag bullet

    Ag bullet Well-Known Member

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