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Oregon | Any ones guess I suppose..
Talked to a friend I went to school with and he works for a city of about 40,000 as an electrician. Their power shut offs are way up due to no payment.
But….same day/same town my neighbor got a cash offer for $15k/acre for 50 acres of rocky shallow dirt and sold his 2007 170,000 mile gas Chevy for $35,000.
same town, relative owns a tv and electronic store and they’re going full bore.
In my small little world, drive up coffee shops are 10 cars deep, stores are full and farm labor is paying $27/hr….I think the wave is still going strong.
I understand that my small world is not the entire economy but I don’t think the big crash is here nor is it around the corner either but what the hell do I know…
I sleep with cash under my pillow waiting for the fed to say no more interest hikes then I’m going all in on the S&P. My novice prediction is 3-4 months until that happens
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