Many of the young investors have never experienced a recession and most investors have not experienced a deep recession. I have been through a number of these and no matter how many times I go through it I am always amazed at how people will continue to disagree on whether we are in it, heading toward it or will miss it completely. Meanwhile back at the ranch the stock market slides slowly downward. Oh sure, there are good days and one might think we are heading up. Forget-about-it. The trend is down.
You could get 50 Talking TV bobble-heads on at the same time and have about 25 or more different definitions of a recession. Who cares. Sell some of your stocks or mutual funds and wait for a better time. It is that simple.
So what is a recession? Take your pick from below. I particularly like the last one. Now that ought to get your attention !
� A significant decline in general economic activity extending over a period of time. www.argmax.com/About/articles.php � A time of less business activity, usually lasting at least three quarters of the year or nine months. www.mcwdn.org/ECONOMICS/EcoGlossary.html � A decline in business activity. Often defined as two consecutive quarters with a real fall in gross national production. www.sterlingexchange.co.uk/fxglossary.htm � A significant decline in activity spread across the economy, lasting longer than a few months. It is visible in industrial production, employment, real income, and wholesale-retail trade. ... news.firstdata.com/glossary.cfm � Two consecutive quarters of declining GDP. strategis.ic.gc.ca/epic/site/sme_fdi-prf_pme.nsf/en/01068e.html � Industrial growth dropped, raising the unemployment rate to 10.7 percent, the highest since the Great Depression. 10 www.bartelby.com/67/3427.html � A significant decline in economic activity. In the US, recession is approximately defined as two successive quarters of falling GDP, as judged by NBER. A recession in one country may be caused by, or itself cause, recession in another country with which it trades. www-personal.umich.edu/~alandear/glossary/r.html � a stage of the business cycle in which economic activity is in slow decline. Recession usually follows a boom, and precedes a depression. It is characterized by rising unemployment and falling levels of output and investment. www.powerhomebiz.com/Glossary/glossary-Q.htm � A temporary depression in economic activity or prosperity. www.oup.com/uk/orc/bin/9780199281954/01student/flashcards/glossary.htm � The decline in sea level before a tsunami. Recession is a natural warning sign that a tsunami is approaching. www.geonet.org.nz/tsunami/glossary.html
It wouldn't surprise me if we are in a recession. From what I have read many economists feel that since we are now in a "global economy" recessions, when they occur, will be mild and short-lived. Not like the ones back in the 70s and early 80s.
I read everything yo said at least twice and none of it maketh sense to me. There aint going to be no recession. Are yo listeening there aint going to be no recession but people like yo maketh money by scaring others right?
You must be an INTC short. I'm not going to analyze everything in your way-too-long message. Some is valid, and some isn't. For example: You wrote, "Meanwhile back at the ranch the stock market slides slowly downward. Oh sure, there are good days and one might think we are heading up. Forget-about-it. The trend is down.". WRONG! Let's use the Nasdaq Composite as an example (since this is an Intel board).... the 200-day moving average has been rising for about 15 months. The 50-day has recently sloped down a bit, but is still above the 200-day (which is bullish). And since this an Intel board.... even with the declines today INTC is still up 25% the past year. Find another board to post your negative comments on.