Comment by y-curious
4 days ago
Yeah, and it's the worst dealing with these people. My dad is like this, he's heavily in bonds because "a recession is coming" for the last 5 years.
When it does happen, he will be "right" even though the opportunity cost for holding this belief is huge.
There are a number of "Chief Analysts" who are saying "A Correction is Coming" in ~2-3 years.
Soooo, yes there will always be future recessions, annnnd "professional experts" are saying it's coming sooner rather than later based upon the amount of over-inflated investments in less-well-run companies as they chase the profitability of the more-well-run companies.