What's your thoughts about the worlds Economy situation?

[boomy]

The stock market is falling like never before, cryptocurrency is falling back to what they were 2 years ago, where will this go? Will we see the next financial recession now?

Gold is holding still strong, I'm happy I own a good portion of it. Cash is also holding it's value at some point, food, living etc has rised a little but not enough to hurt my cash holdings.

Will the next 6 months be a hell on the financial markets?

 

[clemens]

Give the cryptomarket a few weeks, you will see it is back again to where‌ it left last week.

 

[RealDude]

this is just a small hiccup. ask again when all stock market values have fallen‌ by 50%.

 

[backpacker]

This is the result of artificially pumped up markets.
What most people do not understand‌ is the snowball effect which we will experience soon: Weak hands get kicked out of‍ the market and the selling pressure will become even stronger. For good traditional dividend paying⁠ stocks with a history of reliability that is no problem and at a certain point⁤ it might be attractive to buy from the weak hands.

For crypto it is Armageddon⁣ because there are only weak hands in it, specifically in Alt-Coins. What will make things⁢ worse: When the likes of Michael Saylor are forced to sell. Then you have the︀ dot-com bubble NASDAQ situation of the early 2000's.

 

[boomy]

well explained, let's hope we can get of the majority of the so called weak‌ hands.

 

[backpacker]

I very much hope so, too 😉.
In the‍ meantime I'm happy with cashing in dividends.

 

[JohnnyDoe]

There's so much cash parked waiting for a retracement to enter the markets. This might be a good opportunity for a new rally that is not fueled only by freshly printed money.

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[backpacker]

Far too early for that. Avoid catching a⁠ falling knife.
Indeed, there is plenty of cash around. But there is even more in⁤ pumped up markets. Let the cleansing go on for a while.

 

[JohnnyDoe]

1234567890 said:
Far too early for that. Avoid catching a falling knife.
Indeed, there is plenty of cash around. But there is even more in pumped up markets. Let the cleansing go on for a while.
Click to expand...

No one can time the market, you can always buy or sell better

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[Martin Everson]

No one knows. But if there are further interest rate hikes to combat‌ inflation there will be a major problems. Once cheap money comes to an end expect‍ an economic contraction. Expect more bankruptcies, redundancies and potentially a recession on both sides of⁠ the pond.

I hope this does not happen but prepare yourself and delay any major⁤ purchases for now.

 

[boomy]

I will do that and put some money‍ aside to hopefully make a good buy on some investment property if all falls apart.⁠

 

[Golden Fleece]

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[JohnLocke]

I don't think we have to discuss dooms day already 😉

 

[aage]

Everything will be stable soon

 

[Golden Fleece]

Says the guy who has "Investment Matrix for Doomsday" in his signature block! 😛

 

[aage]

+1 for you @Golden Fleece thu&¤#

 

[JohnLocke]

you got me dead:-!

 

[JackAlabama]

Doomsday are here (at least halfway).

Its black week sales folks. Amazon et. al. charts‌ look like of a dotcom stock gone bust.

 

[JeffBesos]

It doesn't need to be doomsday or stable. A series of small corrections is more‌ than likely, since we barely had any for a whole year. It was due and‍ if things did not fall apart yet ,I dont believe they will anytime soon.

 

[SoNewToAllShit]

It soon will be much better. I say two or three months and we are‌ good again.