RE:RBC advisor downtown TorontoOverall market sentiment is that we are on pace for a recession in 1-2 years. TBH I think this is based on the amount of time it will take the denial to change over to acceptance. the 1-10yr yield spreads indicate we are almost in a recession now.
Longtermgains wrote: I was told that we should expect another 10% drop in the market over the next few months, than the markets will pick up early in the year followed by a recession 1.5 years from now....
not sure what this advisor is basing this on,
but im curious what other people think?