RE: Morgan Stanley WARNS Of Coming Recession & Stock CRASH! - Sells All Junk Bonds!

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Morgan Stanley WARNS Of Coming Recession & Stock CRASH! - Sells All Junk Bonds!

in money •  7 years ago 

Thanks for the heads up. Looks like I might need to pull out the rest of my stock money then and invest in cryptos soon! Once the bubble pops I can always reinvest at a lower price.

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Hi backlau, totally agree with where your head is at on cryptos. I also think that the post might portray a doomsday scenario. We still need chicken and bread on our tables from Whole Foods and we still need gas from Exxon. Sell some and put it in crypto.

I think you can wait until around early March. As the 1st quarter, 2018, starts to draw to a close, this is when we will learn if the tax cuts are biting in in terms of productivity in the USA. I'm thinking lots of CEOs and executives are going to have some difficulty deciding what to do with all the extra money they have due to the tax savings, and so obvious things like stock buy backs, or investing in automation will occur. But some of them will do stupid things with it, or just leave it in a money market as the dollar drops in value. So there will be some company earning reports that will come out bad. Further, employees, if they don't ask for a raise, will make the same they make now. You MUST ask for a raise. Do it!!!! Next, you have sales people that may not be as motivated because they imagine the company is now DRIPPING in money. Thus, productivity and sales may actually drop. We shall see.