Curious as to what your thoughts are on this. Thanks, and good luck this week!
Veteran Economist David Roche Expects Bear market in 2025 (CNBC)
byu/StraightAd798 inwallstreetbets
Posted by StraightAd798
Curious as to what your thoughts are on this. Thanks, and good luck this week!
Veteran Economist David Roche Expects Bear market in 2025 (CNBC)
byu/StraightAd798 inwallstreetbets
Posted by StraightAd798
20 Comments
Bullish 
I love how they keep pushing the recession target date forward. At some point they’re bound to be right.
10 years from now we will have a world crisis because of cocoa futures and everyone will come out from their caves and say: “we told you that a crash was coming”
Calling Roche a veteran investor seems a tad too formal.
I expect David Roche to suck my balls in 2025
Economists are historically shit at predicting market swings
 There is no signal more bullish than these hacks coming out – *again* – and spewing recession doom and bear market futures. Last time this happened, SPY went +30% in 6 months 
To be fair to Roche, in June 2022 he was saying a recession is avoidable in the short term which was not the consensus at the time:
> Roche is bucking the trend by predicting that there won’t be a recession in the U.S. in the near future. Over two-thirds of economists believe a recession will hit in 2023, according to a survey of 49 U.S. macroeconomics experts, and more than 60% of a 750 executive survey say a recession is coming in the next year and a half.
So he’s not a regular doomer.
https://fortune.com/europe/2022/06/20/david-roche-wall-street-strategist-us-can-now-avoid-a-recession/
Predicting a recession is beyond difficult, and at this point just about every pundit–self-declared or not–has been wildly incorrect. Whether it is CNBC, wall street, or a youtuber they will simply pretend like their old predictions never happened.
If you want to ~~invest~~ gamble based on increased risk, h*dge your bets a bit; bet against yourself sometimes or move to less speculative plays.
BUT, this sub is meant for degenerate gambling. . .
He gets paid to spread misinformation.
“Sell me your bags…please?!”
Nerd
He is a Trumper. He’s trying to make it happen so he can get Trump back into the office based on bullshit like usual
David Roche, positions or ban 
You can subscribe to my thoughts for $9.99/mo by clicking the link below.
He can bear these nuts in his mouf.
Calls it is.
How many economists predicted a raging bull market in 2023 and interest rates shot up? I can answer this for you. It was literally 0. If economists were able to predict the market they would all be as rich as Warren Buffett. There’s a reason they are not.
Permabear here, I am now neutral because I thought the recession was happening in 2022.
As someone who is an expert in my field. I immediately am sceptical when news articles point out someone’s qualifications as to why something will happen.
At the end of the day even a genius is still a normal person and can only process so much information.