My top 3 picks for up coming crash

[The Sceptical Chymist]

I don't know what to believe as far as the state of the economy.  I've heard we're in a recession, and yet the stock market is soaring and aside from the tech sector I haven't heard any reports about massive layoffs or the like.  And when the hell is this crash coming?  The stock market has been in the longest bull run ever, and I know damn well that prices just can't keep going up indefinitely.

Don't forget about the stocks as there's recession happening currently. Jeff Bezos sold his stocks.

I read that article, but it isn't clear why he sold all that stock.  It doesn't necessarily mean he's got a negative outlook on Amazon; corporate executives sell their companies' stock all the time, presumably to fund their lavish lifestyles.  On the other hand, Amazon is probably overvalued, and if a crash does come I betcha that stock is going to take a beating.

I don't know about OP's assertion that yachts, cars, and art are going to get sold off in the event of a market crash.  The people who buy that stuff generally have enough dough such that they don't have to resort to selling their luxury goods, you know?

[davis196]

Biggest hit will get Luxury goods and yachts and expensive art work.
Then will be cars and real estate europe UK USA and Canada off course.
Real estate it depends but over Southern europe like spain Costa del sol Im expecting one of the biggest real estate  crash.
But Luxury goods and brands will take first hit i think biggest hit will take expensive art work.

Everything what's not traded in exchangers are dangerous assets to hold.

Im expecting the crash will start in few months.

The number of millionaires and billionaires around the world is growing. Why do you think that the markets for luxury goods will crash?
Do you really believe that most very rich people will suddenly lose their wealth? I'm not so sure about this.
I agree that the real estate markets are overpriced in some countries, but that doesn't necessarily mean that they will crash.
You expect a crash in a few months? Did you see that in a crystal ball or did you use tarot cards to predict the future?
Thousands of such "doom & gloom" predictions were made in the past 15-20 years but the USA, Canada and the UK are still holding on.

[Wind_FURY]

Im expecting the crash will start in few months.

Don't forget about the stocks as there's recession happening currently. Jeff Bezos sold his stocks.

Jeff Bezos sells more than $2 billion in Amazon stock for third time this month

So, there's already the hint and he's got something that he knew about that many don't. It's not a simple sell-off if it's happened for the third time this month and it's not just small amounts but billions although he's entitled for it.

But you get the clue.

👀

Jeff Bezos/Amazon will probably start laying off more employees soon, perhaps the largest lay-off in Amazon's history as a company.

The data that everyone should be following is the Fed Funds Rate and the Unemployment Rate. If Jerome Powell announces that it's time to pivot, but the Unemployment Rate is starting to surge, that probably indicates that they might be getting ready to turn on the money-printer and pump cash in the economy because they're expecting a recession.

[Parklane777]

Everything what's not traded in exchangers are dangerous assets to hold.

Im expecting the crash will start in few months.

This is something I have also thought about. It is true that assets that are not traded on exchanges are not susceptible to price dumping. But the problem is that I think assets like real estate, luxury collections and paintings are already unreasonably priced. The prices of these goods have ballooned from the price they should be getting. This reminds me of the 2008 crisis where real estate prices in America crashed due to the real estate balloon that had burst.

Many works of art and luxury items become expensive because the owners make them expensive. To be honest, I don't like works of art that sell for billions of dollars. I know there is a long history and a lot of memory in works of art that are hundreds of years old but what about works of art like a piece of banana that was bought for millions of dollars?

Banana Taped to Wall

I think we will indeed see some crashes in the next few months, or maybe in the next few years.

Well the techical info of financial markets doesn't looking good and everybody sleeping now they think the fed will rescue always and they don't need to have guard on.
Don't fall in sleep be awake and alert.

Bubbles can get bigger than you think, crashes can go deeper than you think

[serveria.com]

Biggest hit will get Luxury goods and yachts and expensive art work.
Then will be cars and real estate europe UK USA and Canada off course.
Real estate it depends but over Southern europe like spain Costa del sol Im expecting one of the biggest real estate  crash.
But Luxury goods and brands will take first hit i think biggest hit will take expensive art work.

Everything what's not i
Im expecting the crash will start in few months.

I don't agree, recession facilitates the dying out of the middle class, the gap between the poor and the rich is getting bigger all the time. This means there will be more poor people but also more rich. So the demand for luxury goods should only increase. Let's wait and see. 

[Fivestar4everMVP]

Biggest hit will get Luxury goods and yachts and expensive art work.
Then will be cars and real estate europe UK USA and Canada off course.
Real estate it depends but over Southern europe like spain Costa del sol Im expecting one of the biggest real estate  crash.
But Luxury goods and brands will take first hit i think biggest hit will take expensive art work.

Everything what's not i
Im expecting the crash will start in few months.

I don't agree, recession facilitates the dying out of the middle class, the gap between the poor and the rich is getting bigger all the time. This means there will be more poor people but also more rich. So the demand for luxury goods should only increase. Let's wait and see. 

Though I don't quite agree with the op just yet, since I am yet to find a clear explanation to why he thinks all this assets he mentioned in the op will crash big time.
But I also do not agree with you too, based on what you said about gap between the rich and the poor increasing, what I did let you know is that; when the gap between the rich and the poor increases, it simply means that, more people are becoming poor as some rich people are losing their position and slipping into poverty, and this also means that, there are lesser and lesser rich people and more and more poor people, expensive and luxury goods will definitely lose value as there are not enough rich people to bid on them and raise demand, and as we all know, the lesser the demand for something, the lesser the value.

[pooya87]

Everything what's not traded in exchangers are dangerous assets to hold.

Why? Is it because they're pumping it these days or because you can dump/liquidate them easier?
That's a plus but not a big one. When the crash comes, they too will dump and no matter how quick you are, there is a high chance of big loss.

Im expecting the crash will start in few months.

You should explain why a few months and be more specific (how many months). We all know the chances of a catastrophic crash has gone up but it is not possible to predict it like this.

BTW you forgot about the "tech sector", they're always the ones to take a big hit during economic hardship.

Here in the US.

Consumer debt is at an all time high, defaults are increasing on vehicles and credit cards. Repos are up.

Official statistics say otherwise 

(hope you recognize the sarcasm)

Sarcasm is difficult to be relayed in text form.

In any case, this increased number of defaults and debt rising is what I predicted more than a year ago. This is the consequence of inflation and recession caused by high energy prices + government spending and the high interest rates respectively. Things are going to get worse as long as these two issues persist
https://www.cnbc.com/2024/02/06/credit-card-delinquencies-surged-in-2023-indicating-financial-stress-new-york-fed-says.html

Voting is not gonna change a thing because in US you can't change the "regime" by voting, you just change the puppet president specially when they're forced to choose between senile old men

[Parklane777]

Everything what's not traded in exchangers are dangerous assets to hold.

Why? Is it because they're pumping it these days or because you can dump/liquidate them easier?
That's a plus but not a big one. When the crash comes, they too will dump and no matter how quick you are, there is a high chance of big loss.

Im expecting the crash will start in few months.

You should explain why a few months and be more specific (how many months). We all know the chances of a catastrophic crash has gone up but it is not possible to predict it like this.

BTW you forgot about the "tech sector", they're always the ones to take a big hit during economic hardship.

Here in the US.

Consumer debt is at an all time high, defaults are increasing on vehicles and credit cards. Repos are up.

Official statistics say otherwise  

(hope you recognize the sarcasm)

Sarcasm is difficult to be relayed in text form.

In any case, this increased number of defaults and debt rising is what I predicted more than a year ago. This is the consequence of inflation and recession caused by high energy prices + government spending and the high interest rates respectively. Things are going to get worse as long as these two issues persist
https://www.cnbc.com/2024/02/06/credit-card-delinquencies-surged-in-2023-indicating-financial-stress-new-york-fed-says.html

Voting is not gonna change a thing because in US you can't change the "regime" by voting, you just change the puppet president specially when they're forced to choose between senile old men

Exchangers like cboe use price locks so If you know how the instutions moves and have accces to info what i have you see that what prices will be lowest pricest.
The real estate and Luxury goods will fall becouse of they are pure bubble of money printing low rates and cheap money outcome i don't want to touch anything now what are made of bubble money with no value yes off course the real estate and Luxury goods have value but not this high value we are peak of inflation before new money and lower rates can happening inflation must come down by 80% you see Im trader and economist and finances person i look the world by the facts numbers and indicators not by the news or emotions but cold hearted bold no emotions involved clear mind calculations.


If you want to know and Understood like i do you need study and have knowledge like the blackrock does it and all the other hard core wall St instutions.
finances not something you take lightly Im not here to gamble my money Im here to make full time income i hate risks and i want to know how the markets really works.
I could easily make my own FUND my investors could swim in the money If they join with my fund.

[blckhawk]

I'd love to see luxury yachts go down in flames, but I don't think that their owners are going to be affected that much if the value of their yachts ever crashed, this is the first time that I've heard of luxury product to crash in value, I think that most of them keep their value throughout the bad times and it's just there's not a lot of people buying, that's probably my take on all of this. For me if there ever is a crash, my pick would be the USD or maybe the S&P 500, and the real estate economy, those picks will definitely be a destructive crash if they all ever really happen.

[jaberwock]

having cash will be great to buy those things you mentioned at significantly lower price, thats why even mentioned above that some billionaire are cashing out their stocks into cash, which kinda make sense maybe they just trying to prepare to bag these cheap real estates and so on for future investment.
i personally would just try to hold gold and crypto, since its kinda easy to liquidate, the trading volume also quite high.
in the other hand any asset that hardly can be liquidated are definitely gonna be the one that takes the bigger hit here.
after all, fewer people would think of spending their money on such thing at the time of crash. moreover people would seek cash everywhere even go as far as selling their asset for cheaper.

Of course we need a cash because how can we obtain them if we don't have it? If it's only cryptos, it is possible by working on something like a signature campaign here in the forum. A crash means a dump in the price of the asset but all those assets listed in the OP aren't still going to be affordable for the poor. This is another advantage of crypto.

Not only that most of the coins are cheap but we can also buy even by just a portion of them. A crash is normal and a good asset can still recover but cash will only lose its value over time, so I'd rather HODL my assets, besides I still have some cash outside that I can use to add more assets in my bags.

[tsaroz]

Biggest hit will get Luxury goods and yachts and expensive art work.
Then will be cars and real estate europe UK USA and Canada off course.
Real estate it depends but over Southern europe like spain Costa del sol Im expecting one of the biggest real estate  crash.
But Luxury goods and brands will take first hit i think biggest hit will take expensive art work.

Everything what's not traded in exchangers are dangerous assets to hold.

Im expecting the crash will start in few months.

Real estate crash is already visible in most parts of the world, yet some top tier cities still have an increasing price. T people want to move closer to big cities as smaller towns are turning to ghost town.  It's hard to live by with income and people are breeding less children and lower the number of people. The only population rise are on Africa and some parts of Asia. War and conflict has made it hard for countries to trade and the prices for energy, food and other goods are high. People have limited themselves to bare necessities and with less spending, our economies are struggling. The world economy is based on ever increasing demand but if there's no increase in demand, everything would crash.

[lizarder]

Biggest hit will get Luxury goods and yachts and expensive art work.
Then will be cars and real estate europe UK USA and Canada off course.
Real estate it depends but over Southern europe like spain Costa del sol Im expecting one of the biggest real estate  crash.
But Luxury goods and brands will take first hit i think biggest hit will take expensive art work.

What analysis or references do you get regarding luxury goods that are taking a hit and will experience destruction in the midst of a recession because what I know is that luxury goods that have artistic value are quite valuable now. Of the several luxury assets available, there are some that survive and may be affected by scarcity, making the price higher. The real estate sector has also experienced quite a significant increase in my area and today it will be very difficult to get standard prices because this sector is experiencing increased interest from the public.

In the current conditions, buying some of the goods or assets you mentioned has great potential because the selling value is increasing day by day. But unfortunately there are many people who cannot afford to buy because economic conditions are getting worse caused by inflation or recession. In fact, it is now difficult to meet the necessities of life, let alone talk about buying several assets like the ones you mentioned.

[Parklane777]

Biggest hit will get Luxury goods and yachts and expensive art work.
Then will be cars and real estate europe UK USA and Canada off course.
Real estate it depends but over Southern europe like spain Costa del sol Im expecting one of the biggest real estate  crash.
But Luxury goods and brands will take first hit i think biggest hit will take expensive art work.

What analysis or references do you get regarding luxury goods that are taking a hit and will experience destruction in the midst of a recession because what I know is that luxury goods that have artistic value are quite valuable now. Of the several luxury assets available, there are some that survive and may be affected by scarcity, making the price higher. The real estate sector has also experienced quite a significant increase in my area and today it will be very difficult to get standard prices because this sector is experiencing increased interest from the public.

In the current conditions, buying some of the goods or assets you mentioned has great potential because the selling value is increasing day by day. But unfortunately there are many people who cannot afford to buy because economic conditions are getting worse caused by inflation or recession. In fact, it is now difficult to meet the necessities of life, let alone talk about buying several assets like the ones you mentioned.

It's a end of the cheap money era, don't forget Luxury goods and real estate been pumped up with cheap money most in order to keep those prices up you need constant money inflow and inflation to going up with cheap low rates money but that money is not there anymore and first hit will be most pumped assets without realistic price fundamentals Luxury goods, cars,and real estate.
But the same time higher banking fees higher insurance costs and right credit tules and higher mortgage rate.
Inflation must come down by 80%

[Wind_FURY]

Livingfree posted that Jeff Bezos has started sell Amazon shares, BUT it's not only that! The Bill Gates Foundation also started to sell the stocks in their vaults as well, https://dailyinvestor.com/investing/44342/bill-gates-foundation-dumps-apple-and-50-other-companies/

If you DYOR, you would see other corporate insiders that are selling their stocks, like Mark Zuckerberg selling Meta shares and Jaime Dimon who is also selling his JP Morgan stocks.

WHAT DO THEY KNOW?

[lizarder]

It's a end of the cheap money era, don't forget Luxury goods and real estate been pumped up with cheap money most in order to keep those prices up you need constant money inflow and inflation to going up with cheap low rates money but that money is not there anymore and first hit will be most pumped assets without realistic price fundamentals Luxury goods, cars,and real estate.
But the same time higher banking fees higher insurance costs and right credit tules and higher mortgage rate.
Inflation must come down by 80% 

If you don't want to have an impact on inflation then don't use credit rights to buy luxury goods because it can actually cause problems. Real Estate has collaborated with banks in selling the assets they own and consumers are forced to buy on credit and vice versa to buy cars using loans offered by banks. Basically, people look for problems instead of looking for solutions because they push too hard to live a luxurious life in order to achieve perfection in life and on other occasions they never think about the long-term impact of increasing inflation.

If this type of lifestyle is still maintained then don't expect people to get out of trouble and we can see for ourselves how loans from anywhere can destroy the economy. People are forced to need money and we are given easy access to reach it and after that they extort it by means of an agreement that has been agreed upon, that's how stupid their system creates for people.

[Cryptomultiplier]

I'd love to see luxury yachts go down in flames, but I don't think that their owners are going to be affected that much if the value of their yachts ever crashed, this is the first time that I've heard of luxury product to crash in value, I think that most of them keep their value throughout the bad times and it's just there's not a lot of people buying, that's probably my take on all of this. For me if there ever is a crash, my pick would be the USD or maybe the S&P 500, and the real estate economy, those picks will definitely be a destructive crash if they all ever really happen.

We keep forgetting that the rich who own these luxury properties have or maintain good insurance portfolio to cover any unforseen expenses that may befall their properties.
I was thinking OP was going to speak solely based on crypto currencies, but I like the angle from which this topic was presented, but a timeframe to expect such a crash would have helped buttress the point better.

[kryptqnick]

Assuming you can predict which markets will crash, is the idea to stay away from them or to buy when they crash and then sell when they recover? I'd be afraid to buy something like contemporary art because I don't have confidence that the price will get back up, for example. Real estate sounds more solid, but again, there's a big risk involved. Not to mention that all the options listed by the op significantly limit the number of people for whom such info is relatable because of a very high starting price point.
I'm not convinced that there will be a global economic crisis any time soon, to be honest, so there's no need to jump the gun.

[Wind_FURY]

Assuming you can predict which markets will crash, is the idea to stay away from them or to buy when they crash and then sell when they recover?

I believe assets like Gold and Real Estate should be bought after the crash and HODLed. Gold as a commodity has been with human society for centuries. Real Estate is the only asset with an actual capped supply.

I'd be afraid to buy something like contemporary art because I don't have confidence that the price will get back up, for example. Real estate sounds more solid, but again, there's a big risk involved. Not to mention that all the options listed by the op significantly limit the number of people for whom such info is relatable because of a very high starting price point.

Real Estate, depending on the area, is actually low risk compared to something more volatile like Bitcoin. BUT its problem is its market, which make them very illiquid. That's a HODLers-only invesment.

I'm not convinced that there will be a global economic crisis any time soon, to be honest, so there's no need to jump the gun.

That's the reason why it's called a "Black Swan".

¯\_(ツ)_/¯

[huu78]

not being very popular doesn't mean the goods are useless, but indeed the use of the goods is rare and very rarely traded, only a handful of people like art, but this is different from commodities which are traded every day, of course it covers a fairly wide market, and many people use it.
I think the main crash is items that are not really used.

[reagansimms]

If you have the desire to acquire all luxury goods that are not traded on exchanges, including those mentioned at the beginning of the topic, you must have an income much greater than what you can spend. A luxury car or yacht will indeed reduce the value of money because it is considered used goods when you resell it. As long as you are still balancing or the amount of your income is greater than your expenses, it cannot be called an accident in managing financial management.
Look at how people live in Qatar, they rarely repair their luxury cars when there is an accident on the road. They actually buy a new car because their finances are more than they can afford. Learn from the ideology adopted by Elon Musk, you can enjoy life by buying luxury goods and never forget to invest your money which can provide benefits in the future.