Stock Markets US Recession
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Michael5482
- Posts: 1423
- Joined: Fri Jan 14, 2022 8:11 pm
Massive sell offs in fear of a US recession. Ideal time to be lining up to buy when all the bed wetter's are finished selling off, not bought anything since Truss nearly crashed the economy.
Last edited by Michael5482 on Mon Aug 05, 2024 3:09 pm, edited 1 time in total.
michael, on this i totally agree. we saw the EURUSD surge today (tho is pulling back a bit now). there used to be an old adage that *-USD rose on election years, i think this one could be an exception.Michael5482 wrote: ↑Mon Aug 05, 2024 3:07 pmMassive sell offs in fear of a US recession. Ideal time to be lining up to buy the fear when all the bed wetter's are finished selling off, not bought anything since Truss nearly crashed the economy.
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Archery1969
- Posts: 4015
- Joined: Thu Oct 24, 2019 8:25 am
- Location: Newport
It’s because the US employment rate was far lower than predicted.
And yes, if the US goes recession, the UK always follows.
Tough times ahead….
And yes, if the US goes recession, the UK always follows.
Tough times ahead….
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ForFolksSake
- Posts: 317
- Joined: Sat May 11, 2024 2:51 pm
As long as house prices don't crash - or there'll be even more riotsArchery1969 wrote: ↑Mon Aug 05, 2024 3:42 pmIt’s because the US employment rate was far lower than predicted.
And yes, if the US goes recession, the UK always follows.
Tough times ahead….
Every Government's worst nightmare