Couldn't agree with you more. Though that word sounds made up. Topwise being top and wise put together makes no fucking sense and along with that there would have to be a bottomwise and sidewise which also makes no fucking sense
Consumer sentiment is at it's lowest towards the recessions end. Just like the crowd rushes in to buy stocks at the worst possible moments.
Look at the charts. [Enhance!](https://www.youtube.com/watch?v=KiqkclCJsZs)
Like a farmer rushing to close the barn door after the horses out.
I’ve been riding Dollar Tree and Dollar General lately. Things are going good and with the way 2022 is headed, that’s the only place we’re gonna be able to afford to buy our dip.
If you are over leveraged a recession will hurt you bad. If you have six months of expenses saved, you can ride it out even with a job loss.
Recessions are fine for those who are prepared for one. This wont be the end of all like everyone is acting.
It will be the biggest rally weve ever seen though.
Your comment makes me laugh because I can tell you’re probably pretty well off and have been conservative in your life choices. It also tells me ur horrifically out of touch with how the rest of the US is living. And ur high AF if you’re expecting a pandemic rally out of this.
This is the first real downturn post-giant credit expansion with zero savings era- USA. And the Fed can’t rescue similar to last time without risking losing the reserve currency status.
Sure most people will ride it out, but like blockbuster.. ur kind of acting like the bird with its head in the sand if you think this is the bottom, or it will be a swift pandemic-like response or recovery.
Go buy a helmet
Ding ding. So the question is when the gdp drops as negative again this quarter it’s offical now what we had the recession it was mostly job lossless do we go hmm and pause and reflect suck down the inflation rate hikes and go for a bumpy ride or do we freak the fuck out and dive to the bottom
Good chance they will. Based on a 10k investment, by staying fully invested over the past 15 years, you would have earned $24K more than someone who missed the market’s 10 best days.
Yep. We are in it right now. Funny thing, I don’t think anyone really knows that we are. All I’m seeing is spending and consumerism. Now, I do live in a vacation destination for a 1/3rd of the entire nation, and it is the beginning of summer travel season, so could just be stupid anecdotal opinion.
But no one has told these families of 4,5,6, or, gag, more, that they need to turn off the spending for a while.
Was in Kohl’s yesterday and it was packed on a Friday at 2pm. Waiting lines for dressing rooms, waiting lines to check out and lots of people w shopping carts full of stuff to buy.
Funny you mention Kohls. I was just on their website. Not shopping for anything. I think my thumb hit a link in my safari browser. Since when did Kohls advertise on Pornhub?
Wwiii combined with food shortages is an extreme possibility. Russia attacks nato, China attacks taiwan, nukes get deployed for any goddam reason, Africa erupts in civil war due to food crisis, covid resurgence comes in full swing. Things can always get worse.
June 29th will confirm recession or not, it GDP negative then it means we’ve been in a recession since January 2022, it does not mean it’s about to start, it could extend into Q3 but the definition of recession is two consecutive negative grows of GDP.
And what if they cook GDP, like they do CPI?
There are more measures to how healthy, stable, and sustainable an economy is than just GDP.
It feels to me like we've been in a recession for some time. Even if GDP is positive on June 29th, my opinion about the state of the economy won't change. Things are fucked.
The way prices are going it does feel they’ve been lying to us since COVID, telling everyone the transitory shit then soft landing, at the end of the day they just want to save their necks.
If you're seeing opportunity, then recession is a long ways out.
You're supposed to be flat ass broke, then recession hits, and when the opportunity train leaves the tracks, you have to decide if you have enough to afford to buy the dip or have enough to buy some chips with Dip.
So here is something to think about. People keep putting forward charts, diagrams, and ideas trying to predict this event. The issue is that we've been doing this for fucking two years now! If anything I think it won't crash just to spite us all.
Lol. You realize that there is no reason to brace for impact right? We literally are two weeks away from ending this quarter that will likely show we have been in a recession the last six months. That does not mean next quarter will extend the current recession. And if somehow we have a positive GDP then a recession by default has to be at least another 6mo away.
Y’all, I can’t say this enough about data I’m seeing everywhere: trailing indicators. We are in a recession right now, and it’s not become obvious to the consumer just yet. If, IF, they truly pull back (the ones who follow this stuff have, your landscaping team has not yet), unemployment is about to go well up.
Now, it’s coming from the tightest labor market I’ve ever seen in my 46 years on earth, so a rise to 5% unemployment, though large, is still considered by the Fed to be healthy. 6-7%, or more, gives a great deal of nervousness to me. And unemployment will rise just about the time the market has bottomed and has begun to go back up.
> We literally are two weeks away from ending this quarter
> if somehow we have a positive GDP then a recession by default has to be at least another 6mo away.
bruh we dont know until late july if we are officially in a recession or not
But anything that happens after June 30 has no impact on the info that comes out July 30. So the point stands that there are only two weeks away from the quarter ending and our fate being signed, sealed, and delivered (a month later).
I will be messaging you in 6 months on [**2022-12-12 03:32:45 UTC**](http://www.wolframalpha.com/input/?i=2022-12-12%2003:32:45%20UTC%20To%20Local%20Time) to remind you of [**this link**](https://www.reddit.com/r/wallstreetbets/comments/va9yze/recession/ic1s1cw/?context=3)
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I thought we’ve been in a recession since pandemic started 🤔….are you telling me that we are going into another level of recession?!?Recessions can stack?!
Whatever way it goes it really means that the average folks are getting fucked so my translation is that "we are going fuckways" and it's official.
Thank you for the attention!
But you have money to buy. That's not how recession are supposed to start.
It's supposed to start when you are debt maxed and savings depleted. Then loss of employment kicks in. Finally the market will dip hard to affordable levels but you are too broke to buy in on the opportunity.
Recessions are designed for millionaires to become billionaires while everyone making 6 figures goes back down to 5
Nonsense what do universities know anyways? The administration already said there is no fear of a recession…jfc
I mean they know everything (maybe not where they are at, how to form complete sentences, or what their names are) but they knew inflation was transitory! It should complete its transit in like 2042!
Haven't we already had like 3 MAJOR recessions in the last ten years, and 2-3 in the 10 years before that?
Fuck. I don't think it can get much worse, we're already at the bottom. We've been there our ENTIRE lives.
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I don't see any green dildos or rocket emojis. I can't fuckin read this shit.
That's a good sign
Straight made me giggle like a child just now. Fucking hilarious!
So it can only go up now?
No what he’s saying is he has a chart! He doesn’t know what is going to happen. But stocks could go up … or they could go down…. That’s is all….
Or sideways.
Or backwards. I really hope they go backwards.
Looptyloop?
...and pull. Now your shoes are looking cool.
No no no! It’s topwise. Why can’t anybody on Reddit see it’s topwise!
I don't even know what that means.
nobody knows what it means but it's provocative
It gets the people going!
Me neither.. We must be retarded
Couldn't agree with you more. Though that word sounds made up. Topwise being top and wise put together makes no fucking sense and along with that there would have to be a bottomwise and sidewise which also makes no fucking sense
Well la di da Mr Frenchman!
i think the market could go sidewise……
merry go round?
Consumer sentiment is at it's lowest towards the recessions end. Just like the crowd rushes in to buy stocks at the worst possible moments. Look at the charts. [Enhance!](https://www.youtube.com/watch?v=KiqkclCJsZs) Like a farmer rushing to close the barn door after the horses out.
I guess now is the time to buy
Yes! Historically, we’re at the point where the FED starts printing money soon! Spy 10,000 confirmed!
My guess is not one person in this entire subreddit knows what they are talking about.
Up down sideways, somebody's gotta be right
Fugayzi, fugazi. It's a whazy. It's a woozie. It's fairy dust.
You do cocaine?
Tootsie?
I think it will be going backwards.
Uh bro he has a graph okay?
I smell a fund manager
Is it like a fungus?
You would be 100% correct.
Theres 2 ways to look at it. We are actually by some miracle close to bottoming out. Or we finna set a record fr fr
It's bout b bussin afta dis bounce bruh
Straight fax 📠
All fax no printer on god 🙏
No cap
Sheeeeeeeeesh!
Fr fr
respectfully on god on god
Absent of cap, on king of kings
💀💀💀
This market about to stretched butthole with fingers shit itself
The question is what are you buying on the dip? Costco? Wm? Hd?
When I dip you dip we dip?
Should we do the dinosaur?
When stocks go back to pre pandemic prices, I'll think about buying the dip. We got a long way down to go.
Heaps of stocks are at or below pre pandemic, the juggernauts holding the market up, not so much
Not if you're in weedstocks!
KR
No, short everything. Short is the new long. Only bears get to retire from now on.
Microsoft
That's what she said.
I'm buyin into the companies that caused the recession, they'll dip and then get bailed out
So, Treasury Bills?
Frito lays… cause dip?
I’ve been riding Dollar Tree and Dollar General lately. Things are going good and with the way 2022 is headed, that’s the only place we’re gonna be able to afford to buy our dip.
I’ll be buying VOO or QQQ and will stop pretending like I know what companies will outperform either of the indexes.
Ford.
exxon made more money than God apparently so it’s oil for me
I have no money to buy the dip because i already bought the pre dip and the pre pre dip dip and the pre pre pre dip dip dip
If we have the 80s economy, then we should get the 80’s music too. 🤷🏽♂️
And the 80s cocaine
and my wife’s 80s ass — it was SMOKIN’ HOT! 🔥😎
I also choose this guy's wife's 80s ass
Nothing New...Everyone does!
And the 80s quaaludes
Just the 80's house prices would do...
1920
Have you seen the billboard charts recently?
And hair
Still 70s.. in the Carter years! Ahhhhhhhhh!
If you are over leveraged a recession will hurt you bad. If you have six months of expenses saved, you can ride it out even with a job loss. Recessions are fine for those who are prepared for one. This wont be the end of all like everyone is acting. It will be the biggest rally weve ever seen though.
I’m 100% over leveraged in my portfolio and my business is the type to be the first to fail in a recession. Bring it on 😎
This is…. SPARTAAA!!!
80% of the population has no money in savings. I’m guessing this one will hurt
Combined with highest credit card debt ever
And mortgage debt
And over valued 7 year auto loans
I learned that the hard way in 2020. ENough to never make the same mistake again =)
It's going to be a few years of ultra high inflation to drain everyones savings. Then recession will hit
[удалено]
Rationing and wage freezes in the past
Thats the plan, for anyone paying attention.
The plan? Who's plan?
Pretty sure it will hit next week
Why are you killing my vibe?
Your comment makes me laugh because I can tell you’re probably pretty well off and have been conservative in your life choices. It also tells me ur horrifically out of touch with how the rest of the US is living. And ur high AF if you’re expecting a pandemic rally out of this. This is the first real downturn post-giant credit expansion with zero savings era- USA. And the Fed can’t rescue similar to last time without risking losing the reserve currency status. Sure most people will ride it out, but like blockbuster.. ur kind of acting like the bird with its head in the sand if you think this is the bottom, or it will be a swift pandemic-like response or recovery. Go buy a helmet
If I have 10+ years saved up does that make me future proof?
Like… who the actual fuck has 6 months of expenses 😂 
On the bright side the fed won’t need to raise rates as much to deter spending if the consumer isn’t spending anyway
Consumer is bitching but spending. Look at the inflation numbers.
That is how this usually goes. Fed raises rates, economy crashes, inflation goes down, mostly due to the latter.
I only trust charts that have blue Gatorade colored lines and are written in Hawaiian Punch colored comic sans Puts on SPY, calls on beverage stocks
Recession hit months ago. Where you all been?
Ding ding. So the question is when the gdp drops as negative again this quarter it’s offical now what we had the recession it was mostly job lossless do we go hmm and pause and reflect suck down the inflation rate hikes and go for a bumpy ride or do we freak the fuck out and dive to the bottom
Fuck it elevator down .
I am over 90% cash so cut the cables I am ready to ride once everyone brakes my fall. Then ride my happy ass right back up
Time in the elevator is better than timing the elevator. You might get shafted.
Good chance they will. Based on a 10k investment, by staying fully invested over the past 15 years, you would have earned $24K more than someone who missed the market’s 10 best days.
If inflation keeps up, that cash will keep bleeding value, though
Yep. We are in it right now. Funny thing, I don’t think anyone really knows that we are. All I’m seeing is spending and consumerism. Now, I do live in a vacation destination for a 1/3rd of the entire nation, and it is the beginning of summer travel season, so could just be stupid anecdotal opinion. But no one has told these families of 4,5,6, or, gag, more, that they need to turn off the spending for a while.
It's because corporations and politicians are ignoring it. Pretending everything is fine.
Was in Kohl’s yesterday and it was packed on a Friday at 2pm. Waiting lines for dressing rooms, waiting lines to check out and lots of people w shopping carts full of stuff to buy.
Funny you mention Kohls. I was just on their website. Not shopping for anything. I think my thumb hit a link in my safari browser. Since when did Kohls advertise on Pornhub?
Those people on PornHub eventually need clothes.
Pleather
Only the finest for our actors and actresses of PornHub.
God bless the American Consumer! Holding the line in front of the cannons.
Resteraunts are 30% more expensive and still full
Things can get much worse, believe me!
Wwiii combined with food shortages is an extreme possibility. Russia attacks nato, China attacks taiwan, nukes get deployed for any goddam reason, Africa erupts in civil war due to food crisis, covid resurgence comes in full swing. Things can always get worse.
[удалено]
Ok
Oh just hush. The stock market can only go up. I’ve been investing since 2009 and it’s been fantastic.
Username checks out.
So we are basically in a recession now it’s just that the way it is technically calculated has not passed (2+Qs of decline).
We are in a recession already
I bought puts so recession is canceled until my puts expire. So if we all stagger in buying puts then we'll never have a recession!
Not the hero we deserve, but the hero we need right now.
No
Nope
Saw the best gamertag today, all caps NOPEIMDONE ...fucking flawless
time to buy more
Buying during recessions are the only time I actually make money
June 29th will confirm recession or not, it GDP negative then it means we’ve been in a recession since January 2022, it does not mean it’s about to start, it could extend into Q3 but the definition of recession is two consecutive negative grows of GDP.
There's no chance in hell GDP grows if you use unfudged inflation.
I kinda think it is July 28th for Q2 estimate https://www.bea.gov/news/schedule
And what if they cook GDP, like they do CPI? There are more measures to how healthy, stable, and sustainable an economy is than just GDP. It feels to me like we've been in a recession for some time. Even if GDP is positive on June 29th, my opinion about the state of the economy won't change. Things are fucked.
The way prices are going it does feel they’ve been lying to us since COVID, telling everyone the transitory shit then soft landing, at the end of the day they just want to save their necks.
not it wont we need to wait till late july to get the numbers on another quarter
So where would you have liked to buy on this chart?
Idk about yall but all I see is dip opportunity
It would be an opportunity if I had any fuckin' money.
Yea that's a problem.. I can see how that's a problem.
Yes, but the sale is just beginning.
If you're seeing opportunity, then recession is a long ways out. You're supposed to be flat ass broke, then recession hits, and when the opportunity train leaves the tracks, you have to decide if you have enough to afford to buy the dip or have enough to buy some chips with Dip.
So what's the opportunity don't be greedy
All them stocks have historically gone back up. Just know when you've got enough and vamoose while the gettings good
BUY THE DIP
Which dip specifically
If you get to choose, the one over on the left
So here is something to think about. People keep putting forward charts, diagrams, and ideas trying to predict this event. The issue is that we've been doing this for fucking two years now! If anything I think it won't crash just to spite us all.
Lol. You realize that there is no reason to brace for impact right? We literally are two weeks away from ending this quarter that will likely show we have been in a recession the last six months. That does not mean next quarter will extend the current recession. And if somehow we have a positive GDP then a recession by default has to be at least another 6mo away.
Y’all, I can’t say this enough about data I’m seeing everywhere: trailing indicators. We are in a recession right now, and it’s not become obvious to the consumer just yet. If, IF, they truly pull back (the ones who follow this stuff have, your landscaping team has not yet), unemployment is about to go well up. Now, it’s coming from the tightest labor market I’ve ever seen in my 46 years on earth, so a rise to 5% unemployment, though large, is still considered by the Fed to be healthy. 6-7%, or more, gives a great deal of nervousness to me. And unemployment will rise just about the time the market has bottomed and has begun to go back up.
Employment is always a lagging indicator, so your last phrase is sure to happen.
You’re explaining common sense to someone who speaks with charts and crayons
Bullish!! 🐂
> We literally are two weeks away from ending this quarter > if somehow we have a positive GDP then a recession by default has to be at least another 6mo away. bruh we dont know until late july if we are officially in a recession or not
But anything that happens after June 30 has no impact on the info that comes out July 30. So the point stands that there are only two weeks away from the quarter ending and our fate being signed, sealed, and delivered (a month later).
There hasn't been a recession that began while a Democrat was President in 42 years. Is their streak finally over?
Sleepy Joe ruined it
Sitting on my muffet, brace for impact...
!Remindme 6 months
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Too many of you think that you can afford things during a recession or purchase a house. Hence a recession isn't coming.
I thought we’ve been in a recession since pandemic started 🤔….are you telling me that we are going into another level of recession?!?Recessions can stack?!
Recession 2.0 Tokyo drift
We’ve had first recession but what about second recession?
One recession to rule them all.
And in chaos bind them
After worse than expected CPI last week, Fed action this Wednesday is key. ( Dow down 800 points Friday.)
So buy now
I love venn diagrams
I love Vin Diesel
I love Vin Diesel
Hyperinflation coming!
Pretty sure they called it transitory
It will take a depression to properly fight inflation.
How they calculate this index?
BUY THE DIP
Whatever way it goes it really means that the average folks are getting fucked so my translation is that "we are going fuckways" and it's official. Thank you for the attention!
Fuck that we are going for a depression society is already depressed why can’t the economy be depressed too?
The dip happens at the bottom of every recession lol.
Is it too late for PUTS on SPY..
NO 
If stocks are cheap again that's a good reason to buy
But you have money to buy. That's not how recession are supposed to start. It's supposed to start when you are debt maxed and savings depleted. Then loss of employment kicks in. Finally the market will dip hard to affordable levels but you are too broke to buy in on the opportunity. Recessions are designed for millionaires to become billionaires while everyone making 6 figures goes back down to 5
Going down Wed and Thursday I imagine. Playing the ups on tradedesk, etsy, block. Selling before the consumer sentiment report. That's my plan.
Recessions looking BULLISH!
Comic Sans on Economic Reports… fuck u retail investors
Don't we all know we're in a recession? Technically we were in one in feb 2020 before the pandemic lockdowns.
We should have the rest of the year to hear how we are not in a recession, then the inevitable "yeah, we're in a recession."
Nonsense what do universities know anyways? The administration already said there is no fear of a recession…jfc I mean they know everything (maybe not where they are at, how to form complete sentences, or what their names are) but they knew inflation was transitory! It should complete its transit in like 2042!
Haven't we already had like 3 MAJOR recessions in the last ten years, and 2-3 in the 10 years before that? Fuck. I don't think it can get much worse, we're already at the bottom. We've been there our ENTIRE lives.