Submitted by Fantastic_Bar3109 t3_10n8hfk in wallstreetbets
SPDY1284 t1_j6acd0u wrote
It’s really funny how people think recessions are never going to come, even though we know for a fact that they are natural parts of the economic cycle. Contraction leads to expansion and expansion leads to contraction. 2009-2021 was one of the biggest expansions in our history and people still don’t see a recession coming even tho every indicator is telling us one is around the corner (months away). We also know that recessions drop earnings by around 19% on average… but yeah, go buy TSLA at $180.
[deleted] t1_j6db5zg wrote
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