I’ve decided to make a big overpayment on my mortgage rather than invest more in stocks at this stage. That’s equivalent to getting a guaranteed return of two and a bit percent, as opposed to an uncertain return from stocks
I’ll just hold the stocks I’ve got for now and reinvest dividends
Reading isn’t to be confirmed until 14th November, and GDP readings are often modified because accurately measuring GDP is phenomenally difficult.
Wait for the confirmation before rioting, folks.
ofc, but it’s just a technical matter, not even news really. We’ve known this was coming since Spring.
When Nobel Laureate and “Irrational Exuberance” author Robert Shiller says he sees bubbles in the financial markets — you’d better listen up. He literally wrote the book on stock market crashes and bubbles after all.
“I see bubbles everywhere,” Shiller, economics professor at Yale University and author of just-published “Narrative Economics” told investors gathered in Los Angeles on Oct. 23. “There’s no place to go. You just have to ride it out. You invest even though you expect the price to decline.” Shiller famously predicted the 2000 stock market crash and the 2007 crash of the housing market.
Business Insider:
- Several warning signs including the “mother of all bubbles” are adding up to diagnose the next recession, according to Joseph Zidle, the chief investment strategist of Blackstone’s private-wealth solutions group
- He is concerned that investors are treating these signs as random events even though they are all linked — just like the 2008 crisis was the culmination of many separate risks.
He says that central banks are placating investors rather than their economies by pumping liquidity into financial markets and cutting interest rates in a coordinated fashion.
For example, US stocks have rallied strongly this year as the Federal Reserve has shown its readiness to keep the expansion going by cutting rates. However, these same rate cuts are not massively moving the needle on how easy it is for consumers to borrow money.
For investors, the other solution is a resurgence in corporate earnings growth, which would give stocks meaningful upside that is not reliant on the Fed. Cyclical and low-quality stocks — or those with weak balance sheets — should outperform in this scenario, according to Zidle.
Source - Next Recession: Crash Warning Signs Include 'Mother of All Bubbles'
UK officially avoids recession, but the figures also show challenges ahead.
Consumer spending was strong, and the economy recorded 0.3% quarterly growth, but that was below expectations, and year-on-year figures were the weakest in almost a decade.
Essentially without Brexit stockpiling we are in a recession.
August was recessionary. September was recessionary. Construction and services contracting at actually quite an alarming rate. All sector PMI is now lower than during the double-dip/eurozone crisis era.
Recession or no recession, remember the good old dot com? At least Excite.com was a legitimate company. And Netscape became part of AOL and its open-source project - Mozilla - lives on.
Of 175 internet companies that went public this year almost 1/3 are trading below their initial offering price.
Source - Episode 6 of this documentary:
The Globe - social; local? not mobile:
The 1990s didn’t have WeWork, but they had Pixelon:
“David Kim Stanley is absolutely golden-tongued, charismatic, incredibly attractive to people,” Carnahan says. “He’s so winning, he’s such fun to talk to. He’s self-deprecating somehow while absolutely selling his brand, and he’s amazing. He’s an amazing personality…
…
Fenne’s persuasion and the lure of becoming dot-com millionaires convince a lot of people to devote themselves to Pixelon. While he speaks in Bible verses, Zahn doesn’t see religion as part of an act. The Appalachian-born son and grandson of preachers, that’s who Fenne really is. He convinces himself that he’s doing good, saving the biggest con for himself. This is a time when billions in investments are being thrown at barely sketched-out ideas, and Fenne is selling an idea. He’s no programmer, but he’s smart enough to understand the opportunity and take advantage of it.
There used to be a thing called Beyond.com back in the “good old days” pre-2001.
Can I think this debt as current world owes to future, is there something called net debt?
2008
I think good occasion to buy, it will rebound in less than one week 
My portfolio is up 4% this month (since jan 1). Don’t think we’re they’re yet
Edit: 5% with Dividends
After recent Tesla drop🤦🏻♂️ I’m up 11.10% in Freetrade and 19.26% in Trading212 since 01st Jan
Stock market is doing well, and we aren’t in a recession.
However a recession refers to negative GDP growth, which is not the same thing as stock market performance. In theory we could have a stock market crash without a recession or vice versa
Still not “officially” in recession but the coming quarter is going to be pivotal. Interesting analysis using years gone by.
