Graham Stephan: a call with no clear direction

Said on May 1, 2020, at 14:34 in the video.

What was said
Graham Stephan

@grahamstephan

“I think it's gonna take a few years to economically recover from this I don't think people are just gonna go and magically start spending their money again I think everyone is gonna be very cautious over the next 12 to 24 months and I think overall things are gonna slow down”
Watch at 14:34The Upcoming Stock Market Collapse Of 2020
Predictiona call with no clear direction
What happened
Not scored

The direction of this call could not be determined with confidence, so it is held out of the score.

The window it was checked over

GDPWindow checkedRecession (NBER)
−40%−20%0%20%40%60%201720182019201920202021Said on May 1, 2020
−40%−20%0%20%40%60%2017201820202021Said on May 1, 2020

Real GDP: U.S. Bureau of Economic Analysis via FRED, figures as first published. The shaded span is the window the call was checked over; grey bands are recessions.

Result at every window

All windows are shown, so none is picked

The direction of this call could not be determined with confidence, so it is held out of the score.

What was said around it

things don't recover or take much longer to recovery than expected that will eventually bring us back down where things just spring back to life one day and this just becomes a blip on the radar for me personally I'm not changing how I invest but here is my prediction of what I think is gonna happen just so I could look back at this in a few years and see do I have it do I have any clue what I'm talking about I don't know but here's what I think is gonna happen I think it's gonna take a few years to economically recover from this I don't think people are just gonna go and magically start spending their money again I think everyone is gonna be very cautious over the next 12 to 24 months and I think overall things are gonna slow down not to mention I can't imagine businesses rehiring as many people as they were prior to all of this and I wouldn't be surprised if many businesses just restructure how they operate and maybe just maybe someone can test out the theory of investing and really easy to remember stock ticker symbols like pets and money and pizza and then just report back and let me know how they do just watch that be the top under the radar investing strategy over the next few decades

What a person said is shown in their own words and is never translated. The link goes to the exact second in the video.

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