Next Stop Recession?

[GeoffCapes]

The US stock market is now officially a Bear market.

Stocks have officially entered bear market territory—here's what that means and what you should do

Bear markets can be scary, but they don't last forever. Experts say that pulling your money from your investments is exactly the wrong thing to do.

www.cnbc.com

Does this mean we’re about to ‘officially’ go into recession?
As unofficially we’ve been in one for a while.

 

[Felonious Crud]

Great. Another thread of misery. Watching this closely so, contributors, do try to be nice, constructive and insightful, please.

 

[Gazcw]

Great. Another thread of misery. Watching this closely so, contributors, do try to be nice, constructive and insightful, please.

Better runaway to France and hide in the countryside retreat and just watch sport and drink 1euro wine. WCPGW!

 

[Swedish Paul]

It should have been allowed to happen as part of the usual long term economic cycle but QE, artificially low interest and inflation rates, stupid house prices. People have got short term memories, over extending themselves. Now, it’s really going to hurt. This correction is not going to be pretty.

 

[Tallman]

Better runaway to France and hide in the countryside retreat and just watch sport and drink 1euro wine. WCPGW!

And smoke a cigar

 

[Felonious Crud]

Better runaway to France and hide in the countryside retreat and just watch sport and drink 1euro wine. WCPGW!

Top plan. This'll do. https://www.rightmove.co.uk/properties/123473822#/?channel=OVERSEAS

 

[D Walker]

Top plan. This'll do. https://www.rightmove.co.uk/properties/123473822#/?channel=OVERSEAS

I’m stuffed. 1st word on the description was too big for me.

 

[D Walker]

Great stuff. All those overpriced cars will come down.

 

[Gazcw]

Top plan. This'll do. https://www.rightmove.co.uk/properties/123473822#/?channel=OVERSEAS

Is there a McDonald's and deliveroo?

 

[Oneball]

I’m stuffed. 1st word on the description was too big for me.

I think it’s French for resembling an ex Top Gear presenter; slightly posh, slightly dodgy and a bit old.

 

[Felonious Crud]

I’m stuffed. 1st word on the description was too big for me.

How about 'renovated', Dave? https://www.rightmove.co.uk/properties/116712317?currencyCode=GBP#/?channel=OVERSEAS

 

[Felonious Crud]

Is there a McDonald's and deliveroo?

Delivereux.

 

[Gazcw]

Delivereux.

You will need a fuel station within 250yds too or a donkey, yes?

 

[Felonious Crud]

You will need a fuel station within 250yds too or a donkey, yes?

Ideally both. Also an air-pump (in case the donkey goes flat).

 

[D Walker]

How about 'renovated', Dave? https://www.rightmove.co.uk/properties/116712317?currencyCode=GBP#/?channel=OVERSEAS

Yea. They all
Look great value. Only pisser is the location. Hahaha.

 

[philw696]

Better runaway to France and hide in the countryside retreat and just watch sport and drink 1euro wine. WCPGW!

Thought you were describing me then for a minute but I spend more on wine and usually Bio.
Nearly 4 years here and I love it
I see Bitcoin seems to be over.
Something I don't understand but I know a few with some serious money in it.

 

[midlifecrisis]

Gentlemen, those properties are too far from La Sarthe. And too much. I'm sure French property doesn't cost that much. Now this place I would be interested in. For those that don't know, it's on the D307 south of pontvallain.

 

[urquattrogus]

Looking forward to car prices perhaps becoming more sensible, whilst thinking oh bother it's now not a good time to sell one of my cars; contradiction in terms etc.....

On the other hand a little scared because I bought my first property in 2009 so have only known low interest rates/rates go down.

Work wise it is quite scary, we are still doing well but clouds are on the horizon whilst everyone quite rightly would like a pay rise and our bills have skyrocketed.

The French properties look nice, although I'd much prefer Italy, perhaps until I remember how flakey their banks are and the bureaucracy as a non dom.

 

[conaero]

Gentlemen, those properties are too far from La Sarthe. And too much. I'm sure French property doesn't cost that much. Now this place I would be interested in. For those that don't know, it's on the D307 south of pontvallain.

View attachment 101704

Oy, hands off I’ve been salivating over that one for more than a decade, it’s mine, all mine I tell you!

 

[RoaryRati]

Italy is the place - at least petrol is currently the cheapest around.