Brace for the S&P 500 to plunge 50% and a painful recession to strike

[T. A. Gardner]

God doesn't have to. Biden is doing that all on his own...

[serendipity]

God doesn't have to. Biden is doing that all on his own...

He may well be wrong but I wouldn't bet against him.

https://seekingalpha.com/article/458...rash-once-more

[T. A. Gardner]

He may well be wrong but I wouldn't bet against him.

https://seekingalpha.com/article/458...rash-once-more

I would. Biden's been wrong his whole career... Such as it was / is...

Biden has been wrong, or worse, for his entire, sorry career
https://www.washingtonexaminer.com/o...e-sorry-career

The burden of a 40-year career: Some of Joe Biden’s record doesn’t age well
https://www.latimes.com/politics/la-...318-story.html

Joe Biden's Growing List of Failures
https://www.newsweek.com/joe-bidens-...pinion-1654002

The 10 Worst Things Joe Biden Has Done in His Political Career
https://www.pastemagazine.com/politi...e-in-his-poli/

Biden has been a total fuck up since high school, and he hasn't gotten a nickel's worth better since then. He is a complete screw up. It's really amazing that such a total 'tard, liar, and fuck up could become President, but then again, YOU voted for him...

[BartenderElite]

God doesn't have to. Biden is doing that all on his own...

Well, close to 12 million people who were NOT working during the Trump admin might disagree.

[T. A. Gardner]

Well, close to 12 million people who were NOT working during the Trump admin might disagree.

Or, they might be pissed that mostly, almost entirely, Democrat run states and cities forced them out of work for no good fucking reason...

[BartenderElite]

Or, they might be pissed that mostly, almost entirely, Democrat run states and cities forced them out of work for no good fucking reason...

Yeah - I'm sure they're buying that partisan narrative while they have paychecks coming in again.

[serendipity]

I would. Biden's been wrong his whole career... Such as it was / is...

Biden has been wrong, or worse, for his entire, sorry career
https://www.washingtonexaminer.com/o...e-sorry-career

The burden of a 40-year career: Some of Joe Biden’s record doesn’t age well
https://www.latimes.com/politics/la-...318-story.html

Joe Biden's Growing List of Failures
https://www.newsweek.com/joe-bidens-...pinion-1654002

The 10 Worst Things Joe Biden Has Done in His Political Career
https://www.pastemagazine.com/politi...e-in-his-poli/

Biden has been a total fuck up since high school, and he hasn't gotten a nickel's worth better since then. He is a complete screw up. It's really amazing that such a total 'tard, liar, and fuck up could become President, but then again, YOU voted for him...

I'm talking about Jeremy Grantham, Biden has been a fuck up all his life.

[T. A. Gardner]

I'm talking about Jeremy Grantham, Biden has been a fuck up all his life.

I have no idea who that is, while you are correct, Biden is a lifetime fuck up.

[T. A. Gardner]

Yeah - I'm sure they're buying that partisan narrative while they have paychecks coming in again.

Unlike you, the typical worker doesn't have the memory of a goldfish...

[Lightbringer]

Americans standard of living is about to get crushed, it is already being hammered, and the Moderns Morons are some of the most unprepared for life people who have ever been.

This will get ugly.

No, it won't. Some people are about to take it in the shorts but those people haven't contributed anything to begin with so everyone else will be fine.

[Hawkeye10]

[serendipity]

I have no idea who that is, while you are correct, Biden is a lifetime fuck up.

See post #1

https://www.justplainpolitics.com/sh...48#post5552448

[Earl]

He may well be wrong but I wouldn't bet against him.

https://seekingalpha.com/article/458...rash-once-more

From the link:

“Regrettably, there are more downside potentials than upside. In the worst case, the market could fall a stomach-turning 50% from here.”

He was spot on in 2018.

[Matt Dillon]

God doesn't have to. Biden is doing that all on his own...

And it's not because he's incompetent; It's because it's intentional on the part of his handlers.

Every policy is designed to make Americans poorer and less free.

[Althea]

Well Grantham is rarely wrong so...

Jeremy Grantham warns the 'everything bubble' is bursting, the S&P 500 could nosedive 50%, and a recession looks certain. Here are the elite investor's 12 best quotes from a new interview.


https://markets.businessinsider.com/...cession-2023-3

A 50% plunge would put the market where it belongs.

The Fed had been propping up the market for years. When interest rates started to rise, it was coupled with the end of the Fed buying billions in corporate bonds.

Said bonds were not fueling increased hiring, or bolstering of supply chains.

They were fueling share buybacks and dividend hikes.

A 50% dip would be fine. Right now anyone can earn 5% in most money market accounts, CDs, or even short term treasuries.

I would bank the interest and then jump back into a S&P ETF when it bottoms out.