Talk of The Villages Florida - View Single Post - Recession or No, Where do We go?
View Single Post
 
Old 07-31-2022, 08:53 AM
gatorbill1 gatorbill1 is offline
Veteran member
Join Date: Aug 2018
Location: Upstate NY, So Fla, Louisiana, So Fla, Santiago and now Bonnybrook
Posts: 680
Thanks: 156
Thanked 987 Times in 307 Posts
Default

Quote:
Originally Posted by retiredguy123 View Post
I have no idea what the stock market will do. But, I just want to point out that, historically, the stock market has often bottomed out before the start of a recession, and continues to rise during the recession. That is because the stock market goes up and down based on predictions of future events, not based on current events. It is important to understand that concept.
Inflation will come down as inventory gets back to normal at suppliers, which it is.
Both parties probably gave us too much extra money to spend, but I am not giving it back. Increased interest rates will help along with increased inventory.