What will happen to Economy by next October?

[888theGreat]

It is bad folks. US economy in worse condition since 2008 and you remember what happened then.

Great Depression

Stock Market Collapse

Housing Market crash

Dollar Collapse

Crypto/Techno Collapse

Bond Market Collapse

$75 Trillion National Debt

[NaultD]

100% there will be a market correction. Unless you're retiring in the foreseeable future you will ride it out and make more money on the other side. It's going to happen again and again again. More and more money after every dip.

Every dip is an opportunity if you can ride it out.

I am a hard core leftist who inherited a half a million and I'm struggling with a level of cognitive dissonance wanting to be a good Stewart of my parents legacy and my core social beliefs.

From my 2 years of getting this winfall of $500,000 and hiring a wealth manager fiduciary. You still got to work like a dog no different then I was 10 years ago. The perfect ideal inflation rate of 2% eats away any money in the bank and cost rising.

Pull yourself from the boot straps has always been bullshit to me and has been double down getting this money.

The reality is billionaires want to abandon humanity. if the superyacht, pedophile island resort and space colony wasn't aprent enough they do infact hate humanity with a passion.

Yet they are stuck with us. When this AI bubble pops and space is impossible without a sustainable home base. I do see a capitulation from billionaires basically giving up and throwing money at the wall before they die being a loser who can't get to mars.

[888theGreat]

There is a limit. Gov't will inject printed money and National Debt will go higher and higher until Interest on Debt exceeds Tax Revenue and then it is game over.

[NaultD]

No and yes not the main point I'm getting at.

To address what your saying 24 years of the most milktoast boring democratic president and congress the government deficit be balanced.

Normal people like nice things and MAGA just makes a point to destroy everything until they forget what they're doing and find something new and start over again.

WAY TOO many lifes are displaced and destroyed for my taste being a hardcore leftist but economically and stock market peak opportunity and money grabbing.

[BonzoInBitburg]

As of today, 73.6% of stocks are trading before their 50 day moving average and 57.8% are trading below their 200 day moving average. Anything beyond 70% below the 50 day means a likely correction. Recessions begin on average, 5-6 months from a market peak. The markets last reached all time highs 3 weeks ago and the S&P is down 6% this month. 10% is considered a correction. It's not a guarantee that a market correction will lead to a recession but it often does. It looks more and more likely that there will be a downturn in the US some time mid 2026.

[888theGreat]

The Stock market is up because of AI , If those burst , the DOW and NASDAQ collapse

[BonzoInBitburg]

It was wild in October watching S&P and NASDAQ reach all time highs while over 60% of stocks were declining. It was only a handful of stocks propping up the indexes. It's been an absolute bloodbath this past week. Lots of selling today right until closing across the board.
Nvidia had a great earnings report and guidance and sold off all day back down to a support level of $180. If it breaks support, things will get really ugly.

[Kelley1]

The dollar will continue losing value resulting in higher prices. However, the economy will remain about the same because AI and other technology will more then compensate for loss of employment and lower human productivity.

[888theGreat]

It will do away with jobs

[Kelley1]

For thousands of years, technology has eliminate jobs. That allowed people to move to other jobs which increased productivity. The printing press was a huge one. That allowed the cost of books to fall by a factor of 100 or more when it no longer took months to copy a book by hand.

[XXblack88]

the dollar collapse probably but I really don't want to know

[exitseven]

There will be job growth in many sectors, mostly hi tech and manufacturing with new facilities being built all over the country. Gas prices will be under 2 bucks a gallon and inflation will be under 2%.

The tax cuts will put more money in people's pockets so the retail sector will do better and food prices will be down.

Falling interest rates will help stimulate the housing market.

The stock indexes will be reporting modest growth.

The high prices that happened during the Biden administration will continue to be a problem.

[888theGreat]

Will Trump walk on water and heal people too?

[exitseven]

No but if he cured cancer the democrsts would say that he put all the oncologists out of business.

[Anonymous]

Stop posting these stupid lies. The economy was the worst its been since the Great Depression 90 years ago under Biden. Trump inherited the bad economy and is fixing it, but you can't fix 4 years of damage over night. The president is not in charge of the economy, it's entirely the realm of private business, and Trump is getting rid of onerous regulations and clearing the way for American businesses to bring their operations back from overseas and hire American workers again. That's what the tariffs are all about, to level the playing field so we can trade fairly within the U. S. and among foreign countries, where the U. S. is not at a disadvantage, especially the way it was under Biden where they gave away the whole farm including most of our military secrets.

[loveslongnails]

When the AI bubble bursts and no one can afford housing, both the dollar will crash and the market will crash, thanks to Dementia Donnie.

[DrPepper12]

If we lose faith & buyers of t bills 💋 reserve currency bye bye

[lightbulb27]

bubbles bursting of most everything, but rise up from the investments introduced and bailouts.

[Anonymous]

Dollar collapse replaced by the gold backed Chinese Yuen

[beefcakebradybatson]

Eleven months are an eternity, but I wouldn't count on a wave of prosperity save Trump's boys and girls.

[noohair]

Borrowing money for the debt will end badly.

[Nice222]

All of the above.

[Likes2drive]

Dollar worth less