--- title: "Powell knows that if the S&P index falls, the U.S. economy will suffer a huge blow. Consumer con" description: "Powell knows that if the S&P index falls, the U.S. economy will suffer a huge blow. Consumer confidence and spending will decline, housing prices will plummet, and when consumers disappear and GDP" type: "topic" locale: "en" url: "https://longbridge.com/en/topics/23941761.md" published_at: "2024-09-18T21:36:08.000Z" author: "[美股研究老人](https://longbridge.com/en/profiles/15033341)" --- # Powell knows that if the S&P index falls, the U.S. economy will suffer a huge blow. Consumer con Powell knows that if the S&P index falls, the U.S. economy will suffer a huge blow. Consumer confidence and spending will decline, housing prices will plummet, and when consumers disappear and GDP declines, layoffs will be inevitable. The U.S. economy is declining, and no one will come to save it. China's economy has already fallen into recession and has been going on for more than a year. The eurozone is also teetering, and when the U.S. falls into an economic crisis, it is estimated to drag everyone down with it. This is just the beginning. Who knows how long it will take to solve the problem, because the role that the Federal Reserve and government stimulus measures can play in delaying (reducing) the inevitable is limited. Moreover, just because it hasn't happened yet doesn't mean the odds are low. No one knows what the last straw that breaks the camel's back will be, but in hindsight, everything is clear. Every recession is different, and the next recession will dwarf the last one. When everyone is heavily in debt, if the stock/real estate market adjusts to this level, parts of the U.S. will turn into Hoovervilles again. So why is everyone acting as if we're out of the woods when in fact we're just cleaning up? If you're about to retire and have a 401k plan, maybe do yourself a favor and rebalance your portfolio from now until the end of the year. Why wait for a few more percentage points of gain? From now until the end of the year, the odds of your wealth taking a major hit are higher than the odds of a huge return. --- > **Disclaimer**: This article is for reference only and does not constitute any investment advice.