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re: Best way to beat Trump in 2020 -- cause a Recession.
Posted on 5/10/18 at 10:29 am to Jyrdis
Posted on 5/10/18 at 10:29 am to Jyrdis
quote:
A lot of macroeconomists think there will be a recession later this year or sometime next year
i haven't seen any of the typical professional forecasting firms or agencies saying that, although it does seem to be consensus that this year will be better than last year just because of the demand-side stimulus from the tax bill
who's saying there's going to be a recession this year or next, and why? trade restrictions? spiking oil prices?
3
Posted on 5/10/18 at 10:32 am to 90proofprofessional
quote:
who's saying there's going to be a recession this year or next, and why? trade restrictions? spiking oil prices?
My personal concern is interest rates.
Mortgage applications are dropping in response. We will see if that creates a ripple.
Posted on 5/10/18 at 10:39 am to 90proofprofessional
{“A lot of macroeconomists think there will be a recession later this year or sometime next year
i haven't seen any of the typical professional forecasting firms or agencies saying that, although it does seem to be consensus that this year will be better than last year just because of the demand-side stimulus from the tax bill
who's saying there's going to be a recession this year or next, and why? trade restrictions? spiking oil prices?”}
Dr Kelly of JP Morgan as well as Brian Wesbury of First Trust both think it’s virtually impossible for a recession this year. They have pinpointed late 2019 or 2020 as a possibility for one however due to Fed budget spending.
They expect GDP to gradually rise and then peak early to mid next year then start to shrink again.
i haven't seen any of the typical professional forecasting firms or agencies saying that, although it does seem to be consensus that this year will be better than last year just because of the demand-side stimulus from the tax bill
who's saying there's going to be a recession this year or next, and why? trade restrictions? spiking oil prices?”}
Dr Kelly of JP Morgan as well as Brian Wesbury of First Trust both think it’s virtually impossible for a recession this year. They have pinpointed late 2019 or 2020 as a possibility for one however due to Fed budget spending.
They expect GDP to gradually rise and then peak early to mid next year then start to shrink again.
This post was edited on 5/10/18 at 10:40 am
Posted on 5/10/18 at 10:42 am to 90proofprofessional
quote:
who's saying there's going to be a recession this year or next, and why? trade restrictions? spiking oil prices?
You know who. And I didn't say I agreed with it.
This post was edited on 5/10/18 at 10:43 am
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