Economy crash =/= stock market crash?

masonic

Apologies for the bump, but it seems timely to have a review of the predictions made for this year by the OP. Even though they are no longer here under this username, and many of their other posts were removed, some have been preserved in this thread. Here is a selection from May 2022, presented without comment. Best of luck for 2023, Type_45

Type_45 said:

Global food shortages are coming. Stock up. 

Type_45 said:
I've been saying 80% for many months and suffered slings and arrows.

Type_45 said:

The S&P lost 57% in 2008.

This crash will be bigger.

Type_45 said:

coastline said:

Type_45 said:

Just two FED rate hikes in, and we are in a bear market.

Just 9 or 10 hikes to go, guys 👍

Will they get there that's the question ? 

I don't think they'll get anywhere near it.

It will either:

A)  Collapse 80% as they hike rates

B ) The FED will panic as the markets collapse, reverse course, print more money, and then the markets rise even more and then collapse anyway.

Either way, it's collapsing.

Type_45 said:
The central banks are trapped.  They cannot raise rates.  They may do so another once or twice, and then the wheels will fall off and they will loosen policy again.  At that stage everyone will see they have completely lost control and the whole thing will fall apart.

Type_45 said:

There are five convergent forces which will push the global economy over the edge and create a depression and an 80% drop on global equity markets:

1) the up-coming global famine
2) the cost of energy crisis

3) inflation
4) global debt 
5) supply chain crisis

sevenhills

I saved the 50% increase by stocking up on tins of baked beans.

RG2015

It turns out that my best decision of 2022 was to avoid this thread.

adindas

I have done exactly the opposite. I keep adding up my investments using "enhanced" DCA.

Where is this prophet nowadays ? Hiding ??

We still have until 00:00 today

Statement of the year "I definitely ahead of the curve of everyone else in this thread (forum ?)".

Type_45  might still be here with another UN. Hey say something ....

masonic said:

Apologies for the bump, but it seems timely to have a review of the predictions made for this year by the OP. Even though they are no longer here under this username, and many of their other posts were removed, some have been preserved in this thread. Here is a selection from May 2022, presented without comment. Best of luck for 2023, Type_45

Type_45 said:

A)  Collapse 80% as they hike rates

B ) The FED will panic as the markets collapse, reverse course, print more money, and then the markets rise even more and then collapse anyway.

Either way, it's collapsing.

There are five convergent forces which will push the global economy over the edge and create a depression and an 80% drop on global equity markets:

1) the up-coming global famine
2) the cost of energy crisis

3) inflation
4) global debt 
5) supply chain crisis

Alistair31

Lol 

Maybe he will out himself, his new ID, to offer his predictions for 2023? 

adindas

Expect Market to rally in the coming days/week

https://www.cnbc.com/2023/01/12/consumer-prices-fell-0point1percent-in-december-in-line-with-economists-expectations.html

Consumer prices fell 0.1% in December, in line with expectations from economists

https://www.youtube.com/watch?v=LbRpJVBI8xg  December CPI falls .1%, meets market expectations

https://www.youtube.com/watch?v=NFU-2EDOk5Y Consumer prices fell 0.1% in December, in line with forecasts

Stargunner

adindas said:

Expect Market to rally in the coming days/week

https://www.cnbc.com/2023/01/12/consumer-prices-fell-0point1percent-in-december-in-line-with-economists-expectations.html

Consumer prices fell 0.1% in December, in line with expectations from economists

https://www.youtube.com/watch?v=LbRpJVBI8xg  December CPI falls .1%, meets market expectations

https://www.youtube.com/watch?v=NFU-2EDOk5Y Consumer prices fell 0.1% in December, in line with forecasts

This was already priced in to the markets as it was in line with expectations.

adindas

Stargunner said:

adindas said:

Expect Market to rally in the coming days/week

https://www.cnbc.com/2023/01/12/consumer-prices-fell-0point1percent-in-december-in-line-with-economists-expectations.html

Consumer prices fell 0.1% in December, in line with expectations from economists

https://www.youtube.com/watch?v=LbRpJVBI8xg  December CPI falls .1%, meets market expectations

https://www.youtube.com/watch?v=NFU-2EDOk5Y Consumer prices fell 0.1% in December, in line with forecasts

This was already priced in to the markets as it was in line with expectations.

Yep priced but not fully priced, there are investors /traders with wait and see attitude. Just notice the market today

Prism

I have been fully invested all the way through last year so it makes no difference to me. I'd prefer more of a downturn but what will happen, will happen

GazzaBloom

Prism said:

I have been fully invested all the way through last year so it makes no difference to me. I'd prefer more of a downturn but what will happen, will happen

Same here, I increased my pension salary sacrifice significantly in February last year and have been buying the same 100% stocks index fund each month and remain 100% invested in the stocks index.

I read many comments where people sit with cash waiting to deploy fearing further market falls. That's market timing and a sure fire way to lower than average returns if used as a strategy over a lifetime of investing.