ilmscore | Prediction Details
"no no no no that's what I was talking about today like even like the whole recession things uh is it just it comes down to uh what's it called like it's not about like recessions aren't like a breakup where you never talk to the market again it's just usually they last anywhere from like 3 months 6 months 12 months you know if it's really long and things are really bad it could go you know multiple years but usually you know when we look at the types of rate cuts and what happens to the market and the types of recessions you know they last for a couple of months and then things go back to normal so that's how I I'm like that's why you don't really have to be too worried will there be pain yeah but when it's all said and done as long as it doesn't hit Main Street you're even more better off but it lasts for a little bit and then turns around but it's never anything like permanent for long you know multiple decades and and eras where for years and years but you know there could be a lot of pain though like you could drop I mean maybe Japan maybe Japan the pain only lasts for like six 6 months nine months but we could go down like 50% or something you know I'm not saying that's going to happen but you know it's not like instead of selling off for multiple years I think it's you could probably make a multiple years worth of a move in a couple of months and then it's over and then you go back to normal or going back to a recovery mode and EXP ion after your contraction"
By Stock Market Live | August 5, 2024 | Pending
From video
GLOBAL MARKET SELL OFF - NASDAQ DOWN OVER 5% 03:59:02 - 04:00:35
Interpreted Prediction
Recessions are predicted to last typically 3 to 12 months, or potentially a few years if severe, followed by a market recovery. There could be significant pain, possibly a 50% market drop in a few months, but it won't be a permanent, multi-decade downturn.

Prediction Details

Topic
US Economy / Stock Market

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