Peterdev
Well-known member
- Joined
- 17 Dec 2017
- Messages
- 4,205
I accept what you say, the market is normally ahead of news and is already accepting a recession is due.Yes. If you are shorting, swing/spread, active there has been some serious money made in the US.
But investing I am not so sure, I feel we are only starting to head into the recession, so you will need to pick your names very carefully.
Picking the right sector is key. Halfords will do well because of more bikes being sold along with car enthusiasts finding something to do and spending in there.
Of the number of deaths fall away again today in the U.K. that would be good news for economy as we seek to get back to work. It would be better still if the US could see some positive news on the pandemic. Hopefully the impact on employment won’t be as dramatic as it was looking.
Some economists are already starting to forecast a mild recovery next year.
What will be crucial too is whether the redundancies and cuts in salaries have hit the housing market in terms of prices. If the effect is dramatic maybe even Barrett and Taylor Wimpey will be considering lay offs.
Of concern may be the increase in commercial properties left empty and unlikely to be used to fund a house building programme