Okay so there are actually many problems with the belief of a recession including but not limited to: There are still too many open jobs, inflation is not getting under control with fed raising interest rates, etc. However the one big problem anyone should see that will make a recession hard is the fact that the wealthy are not investing like they normally do. The wealthy, who typically own 55% to 60% of the entire stock market are not investing as aggressively. They are hoarding cash and wouldn't this mean they will prop up stock prices if they fall too much? Leading to what we saw in March/April 2020 where we just have a flash crash and a booming recovery? I do not see us having a recession like 2008/2009 possibly ever again. Good chance our "recessions" will be akin to 2020 if even that - and on top of this even if we do have flash crash recession like 2020 we will almost for sure just keep rebounding and have a bull market lasting at least a year.
Edit: Removed a sentence that was inaccurate.
[link] [comments] https://www.reddit.com/r/stocks/comments/143xtuf/is_this_one_big_problem_with_the_belief_of_a/
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