Well, think about the fact many places are offering 0% and deferred payments for 90-120 days... for some people who already have a payment, it would be a great time. Lower your interest rate, keep payments about the same and have no payment due for a few months.

Who the fuck is panic buying cars???

Sell the kids.

Yeah, as a millennial that came out of college right when things had sorta leveled out (at the bottom...), bring it on. It’s going to just be another day.

Exactly! they have been beating the drums for 10 years now saying it is right around the corner. Meanwhile people keep pulling their money back out of the market because of this, and have lost huge gains in the process.

A lot of economists are predicting an imminent recession, and that is why I do not believe that it will be coming very soon. This is not because the economists are incompetent (although some of them may be), but simply because they are predicting it, and people are preparing for it. These preparations will delay, or…

There’s a century of research that has come to the same conclusion. Basically “buy good stuff and hold it for a long time” is the way to go. Except when things are looking really bad, then it’s ok to sell some — but not all.

Neutral: My stock portfolio (you have to say this in a 3-piece suit and a cigar in your mouth) has been prepared for a recession for a couple of years, but it hasn’t happened. Dammit. Better safe than sorry, I guess, especially when you’re playing with your retirement and your kids’ college money. I’m hanging onto the…