Hi @culgin
This link you provided at the very beginning is redirecting to exacly same content but on steempeak. I figured you may like to know about this little mistake you did.
The good news is recession does not come immediately after yield inversion, there is usually a lag of 6 months to 2 years based on past statistics.
Yeah. We're definetly heading towards recession and we may repeat unfortunate events from 2008. Just this time around it may be more painful.
ps. Is Shiller PE an important indicator? I never heard about it (feeling so silly now).
However, we need to keep in mind that the market is still overvalued with signs of upcoming recession
In 2008 it all started with property market crashing.
Now perhaps we will see same scenario , but in China. That's what some "experts" predict.
But I've a question: don't you think that introducing STO and tokenization of real assets will push most markets to another all-time-high?
Property market is a bubble in most countries. But with tokenization of properties this bubble can grow even bigger and we may experience another rapid growth of property prices in many most comercial cities. Those properties will most likely be empty, but it will not stop prices from growing.
What do you think?
Yours
Piotr
Hi @crypto.piotr,
It was not a mistake. Steempeak.com is built on Steem platform and it is a much more user friendly platform than Steemit.com. I deliberately leave that link so that more people will know about SteemPeak. And seems like it is working ;)
Shiller PE is an interesting metric developed by Nobel prize winner Robert Shiller. It is definitely worth taking a look.
STOs make it easier to bring tranditional assets to the market. It may generate some hype but it is going to be highly regulated and I don't think it will reach the peak of it's hype in the next couple of years. I am anticipating a deep recession in less than 2 years. While I hope I am wrong, I have to say that the market moves in cycles and a bull run doesn't last forever
Posted using Partiko Android
Hi Culgin
I will definetly check it out. Does it have night-mode build in?
When I mention mistake, I really ment it. Just click on that link and you will see that you will be redirected to:
https://steempeak.com/investing/@culgin/my-thoughts-on-the-stock-market-again
instead of:
https://steempeak.com/investing/@culgin/my-thoughts-on-the-stock-market-now
ps.
I will read more about Shiller PE. Thank you.
I also heard once that during "good times" banks are willing to loan money to each other easily. But whenever crisis is coming they are lowering this sort of activity.
Apparently right before crisis in 2008 amount of loands between banks dropped badly. Which suggest that they were building reserves and preparing for the worse. Isn't same thing happening now?
We're on the same page here.
Cheers, Piotr
Hi, SteemPeak has night mode. And I am really linking to
instead of
https://steempeak.com/investing/@culgin/my-thoughts-on-the-stock-market-again https://steempeak.com/investing/@culgin/my-thoughts-on-the-stock-market-now
Haha..