I'd just like to see it somewhere in the middle before I jump in. I think it's still above the mid point of low and high.

In the real world, people are staying home and reducing their event attendance - eating out, concerts, etc.

In the real world, the Fed has reduced ability to "fix" things.

In the real world, there are supply chain interruptions - we'll know more when we get Q1 reports.

I dunno what you "sold two" of, but the prospect of a recession is very real if not likely.

Two pieces of construction equipment with a value of over 30K each.

In the real world I haven't stopped doing anything I typically do because I'm not ruled by irrational fear. Maybe people need to DWNWD

I can tell you what Q1 numbers will look like... Down.. not rocket science.

As for the impending recession... not seeing it. I was able to see a major slow down in 2008.. I'm not seeing it now. There is still a lot of money out there. My phone is still ringing on a regular basis. I'm just not seeing it.

economists are seeing it

your particular situation is not how recessions are measured, but glad you are doing well

Economists have been "seeing it" since 2016... I'm not buying the bullsh.t. What I sell is a good indicator of the strength of the economy. If people in construction, farming and even home owners are buying what I sell, things are pretty good. I've sold to farmers, construction businesses and home owners in the last two months and things aren't showing signs of slowing down.

But by all means... believe the gloom and doom...Hell, go curl up and suck your thumb for all I care.

Don't get me wrong, I think things will slow, they have to when the supply chain gets broken the way it has.. But "recession" that's just not something that is in the cards. Once the irrational fear subsides, things will go back to normal.

Lol!

FWIW... recessions are measured by consecutive quarters of negative GDP... I haven't heard any economist anticipating consecutive quarters of negative growth. I don't see the first quarter being negative. I see the second quarter being close... but still slightly positive. If I'm wrong I'll be the first to admit it. We'll see how it plays out.

Also.. I'm looking at building a new home. Go ahead and guess what the lead time is for a foundation in small town USA. But yeah... things are going to hell.

still selling your car?

Joachim Fels, global economic advisor at PIMCO:

https://www.cnn.com/2020/03/09/economy/global-recession-coronavirus/index.html

Still thinking about it... Like I said, I don't have to. Still thinking about building a new home and a new 40x84 building too. Talked to the bank today about structuring the small loan I'd need while building the new home and selling the existing. Waiting on soil analysis for a septic system... But I'm TERRIFIED that the economy will collapse!... No, not really.

"worst case scenario"..
Jesus man! I see the worst case scenario being a recession too! Brilliant analysis!

"Morgan Stanley's chief economist Chetan Ahya told clients Sunday that the investment bank thinks global growth will receive a "sizable shock" in the first half of 2020.
GDP growth, Morgan Stanley forecasts, will dip to an annualized rate of 2.3% before recovering to 3.1% in the following six months, boosted by stimulus from governments and central banks.
But Ahya warned that if the outbreak becomes more widespread, extending beyond April and hurting companies more than previously expected, the global economy will enter a recession. In this case, United States, Europe and Japan would all experience recessions, or two quarters of contraction in a row, he said."

Like a weatherman saying there's a 50% chance of rain tomorrow.

try reading what the several other economists said

and don't confuse economic collapse with a recession

I read what they said... Like I said... it's like a weatherman saying there's a 50% chance of rain on a cloudy day. "If" the supply chain tightens. Wow! Brilliant analysis!!
Maybe I should become an economist. The **** they're saying is only common sense to most people who own a business. But the reality is, it goes beyond "if" to what is taking place. Consumer spending drives the economy and I'm not seeing a shortage of people willing to spend.
But like I said... believe the gloom and doom.

you should get a room with tabs

The funny thing is, that's all you've got at this point. You have no experience to draw on.. You've been reduced to weak attempts at insult. It's okay. I knew it was coming at some point. I'm just surprised it took this long. Have a good night.

I agree, not at bottom yet.

I've noticed that rush-hour traffic has been consistently quite a bit lighter than it was several weeks ago.
My conclusion is that lemmings are staying home and off the freeways.

It makes driving much better but is an indication that they have taken the bait. The social engineering is working and people are celebrating it.
Yay, we're loosing! doofuses.
Or is that doofi?

I'm sitting on money market mutuals like FRGXX until the smoke clears.

I'm all in when the dow hits 20,500.
I may even take out a mortgage on the house and invest that.
But until then, I'm watching from the cheap seats.

I'm afraid the stupid is spreading faster than COVID-19
"But a recession isn’t when things are bad. It’s when they aren’t quite as good as they were at the peak."

Umm... no... that's not at all what a recession is.

https://www.msn.com/en-us/money/markets/the-us-might-already-be-in-a-recession/ar-BB10QPBJ?li=BBnbfcN

Gee I don't know why people are worried? I mean we're in a recession! Things haven't turned negative but they MIGHT! And really they don't even have to turn negative to be in a recession... SMH