>The result was an instant shift in risk sentiment, as not only is the German manufacturing recession getting worse, but the Services PMI also dropped, dragging the composite below 50 for the first time in seven years...
Well here we go boys! They have finally labeled it, and Europe is the first to hit recession officially. This will spread pretty quickly, China has already began wholesale dumping of global assets.
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Grab cash, wait for it, and buy blue chips.
It's gonna be legendary
citation needed
But Burger PMI is below 50 as of last month
have we started the fire?
No. Fuck off.
>zerohedge declaring financial collapse
OH SHIT IT'S A DAY THAT ENDS IN Y
You're safe with BTC frens, or so I believe. God will show his children the way
Oh I'm sorry, I forgot we are only allowed to get news from CNBC... I'm sure they will tell us exactly what we need to know, and not tell everyone that all is well even when shit is collapsing like in late 07 early 08.
MSM announces the collapse after your savings are already long gone and you have to dodge falling bankers while walking in downtown.
Bump. Discuss this please.
Oh look, MSM is reporting on the same thing now. Is it ok to talk about it since it's on the TV and that makes it more real?
We're already in a recession. But thanks to low internet rates and stock buy backs it hasn't hit the market yet.
*interest.
What do I buy and when?
Also, how do I buy it. robinhood?
Gotta be careful, lots of blue chips are being propped up for a controlled collapse. Some of these business have been replaced by cheaper, virtual alternatives, and people don't know it yet.
Yes magic numbers are surely the chosen one. Neck yourself and buy silver and gold the currency of God
>zerohedge
This
Do you really think cheap internet helps the economy?
stock market is in the green though yo...
soon....
REMINDER that zerohedge leaked mark cubanas talk that the fed balance sheet rebuilding would lead to a liquidity crunch destroying the O/N FF ceiling and forcing QE by Q4. Get absolutely butt raped mongloids
I actually enjoy reading Zerohedge but their track record isn’t exactly stellar. It’s doom/chart porn.
>Zerohedge
Where they ever right about any prediction? Even random decisions would be better than this shit page.
>But thanks to low internet rates and stock buy backs it hasn't hit the market yet
what do you suggest to do?
why low interest rate and stock's buy back let you know as if there is no recession?
This. Surprised people can’t see the inflation in food yet.
he said recession not inflation
Ahhhhh I wasnt done accumulating options!!!!! I wanted to be smart about it for once rather than when i play irrationally and get burned, and the one time i shouldve played irrationally this happens.
If enough people continuously predict the recession and get it wrong one million times before they get it right, or a permabears like Zerohedge, they're bound to get it right eventually.
Remember that old saying that all the faggots on Jow Forums would repeat ad nauseum about the shoe shiner/taxi cab driver who started talking about what stocks to buy, and that was the sign of the incoming recession?
That's how it feels right now except the opposite. You get into an Uber and the driver is telling you about the impending stock market crash. I'm not sold.
unironically this, but also we're in uncharted territory and things don't look good. Maybe everyone is talking about it because we've been a recession for a year and people finally realize it. At the end of 2009 did the media and normies talk about how we are in a recession?
Stock up on gold & silver while you still can anons