Everyone is talking about it, nobody wants to say it directly So I’ll just say it 👇 A recession is always coming, eventually . 🇨🇦 The question isn’t IF, it’s WHEN. And more important, are you prepared? 💡 Here’s my honest take , on where we are right now 👇 ━━━━━━━━━━━━━━━━ 📊 WHAT I’M SEEING Market feels choppy right now. There’s real weakness in a few sectors, money keeps hopping into value and SAAS. Interest rates are still pretty elevated, and consumer debt is at record highs. The housing scene is under pressure too. 🏠 None of this looks like an instant crash. But none of it looks like everything is perfectly fine either. ━━━━━━━━━━━━━━━━ 🤖 THE AI WILDCARD Here’s the part that makes this cycle feel different, compared to before 👇 AI spending is building a brand new economic engine. $MU just reported $41.5B revenue. $NVDA is basically printing money every quarter, and data center buildout is accelerating. This kind of technological shift, doesn’t really care about classic recession tells the same way. 💡 CANADA, SPECIFICALLY Our housing market is dangerously over-valued. Consumer debt feels massive. Our economy is more vulnerable than most Canadians kinda admit. If the US hits a recession, Canada probably takes a harder knock than most people are ready for. 😭 ━━━━━━━━━━━━━━━━ How I’m prepping 👇 ✅ Keeping some cash, ready to deploy on dips ✅ Staying diversified, kind of VFV as the base layer ✅ Continuing DCA, honestly recession or not I keep contributing every single two weeks ✅ No panic mode Every recession in history got followed by new highs ✅ Holding conviction positions NBIS. GOOGL. ASTS. MU. Solid businesses survive recessions and they usually emerge stronger ━━━━━━━━━━━━━━━━ The investors who panic during a recession usually lose money. The investors who buy during a recession tend to build real wealth. 💪 I can’t say if one is coming. Nobody really can. But I do know, pretty clearly, what I’ll do if it does. 📈 So—are you prepared for a recession? 👇 Not financial advice—just a 23 yr old Canadian investor speaking my thoughts 🇨🇦📈 Portfolio: $19,000+ 💼 Goal: $60K by December 🎯
Do you think a recession is coming?
Yes very soon
29%
Eventually but not yet
47%
No — AI will prevent it
6%
No idea honestly
19%
200 votes · 13d left
2,772 views
17 Comments
Ian S@ian_s · 19d
We are in stagflation now, which technically is worse than a recession.
Phil @diversifiedfill · 19d
The last several times that the economy was looking bleak, the government and the Bank of Canada stepped in with stimulus packages, zero interest rates, quantitative easing, bailouts, helicopter money - basically printing countless billions of dollars to keep the economy from tanking. So... The question is NOT whether we will have a recession. The question IS whether the government and BoC will intervene to prevent it this time and next time just like they did the past several times. The followup question is if you think price inflation on everything is bad now... How do you think inflation will go next time? Each time the economy tanked, it required bigger and bigger bailout packages. Billions, then 10s of Billions, then 100s of Billions, the Americans are already staring into the 10s of Trillions it seems.
DarkOctober @darkoctober · 19d
Where's the "we've been in one for years" option?
Errol @etfhunter · 19d
I've heard recession for the last 5 years and it still hasn't happened
Alessandro @alejcanales7 · 19d
Aren’t we already in a technical recession?
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