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re: Are we headed towards a recession?
Posted on 12/24/18 at 10:17 am to fareplay
Posted on 12/24/18 at 10:17 am to fareplay
There is always a recession coming, the trick is knowing how far away.
No expansion lasts forever, the Clintonistas found that out at the turn of the century with the dot bomb bust and the Trumpkins will discover the same at some point.
No expansion lasts forever, the Clintonistas found that out at the turn of the century with the dot bomb bust and the Trumpkins will discover the same at some point.
Posted on 12/24/18 at 10:18 am to Phat Phil
quote:
Sugar high from tax cuts to the rich doesn't last.
This is dumb even for you.
Posted on 12/24/18 at 10:20 am to fareplay
Yea, it's looking like a golden investment opportunity. 
Posted on 12/24/18 at 10:22 am to GAAtty70
Shitloads of gubment money propped up the economy, it's going to correct. Plus, rising interest rates
The negative side of Keynesian economics.
The negative side of Keynesian economics.
Posted on 12/24/18 at 10:24 am to Phat Phil
quote:
Sugar high from tax cuts to the rich doesn't last.
Typical uneducated BS. Who do you think creates the jobs?
Posted on 12/24/18 at 10:24 am to fareplay
For what you are buying stock at right now in your 401ks is gonna be amazing after it goes back up.
The stock market is always a roller coaster. Quit watching it daily. It will make you go crazy
The stock market is always a roller coaster. Quit watching it daily. It will make you go crazy
Posted on 12/24/18 at 10:27 am to RogerTheShrubber
quote:
Shitloads of gubment money propped up the economy, it's going to correct. Plus, rising interest rates
The negative side of Keynesian economics.
I think the Fed is raising rates despite a forecast of slowing growth so that they'll have some arrows in the quiver when it gets here.
In essence, they are going to accelerate the slowdown so that they have a way to combat said slowdown
Posted on 12/24/18 at 10:30 am to fareplay
Real baws don't have 401ks or other retirement accounts. Live for today. YOLO!
Posted on 12/24/18 at 10:41 am to Phat Phil
quote:
Nearly a decade of continuous bull market under Obama, start of bear market after transition to Trump. Sugar high from tax cuts to the rich doesn't last.
I hope this is sarcasm... because if not, you are showing extreme ignorance of economics.
Posted on 12/24/18 at 10:43 am to fallguy_1978
quote:
they are going to accelerate the slowdown so that they have a way to combat said slowdown
Yeah it's confusing. It's a form of central planning and I have a lot of distrust for that system
Posted on 12/24/18 at 10:43 am to RogerTheShrubber
quote:
Shitloads of gubment money propped up the economy, it's going to correct.
Yep, and let's not forget where the gubment gets it's money. From the people they are supposed to be responsible too. I hope someday, we hold them responsible.
Posted on 12/24/18 at 10:47 am to fareplay
I was going to answer with an informative post about the stock market and its implications, but I just realized you are a troll.
-1/10
-1/10
Posted on 12/24/18 at 10:48 am to RogerTheShrubber
quote:
Yeah it's confusing. It's a form of central planning and I have a lot of distrust for that system
I distrust all government as a general rule.
Posted on 12/24/18 at 10:50 am to fallguy_1978
quote:
I distrust all government as a general rule.
Absolutely
Posted on 12/24/18 at 10:50 am to fareplay
We’re always headed toward a recssion. That’s how this deal works. We’re also headed toward new highs.
We’ve had a 10 year run. We’re probably going to have a recession, but nobody know when or for how long.
We’ve had a 10 year run. We’re probably going to have a recession, but nobody know when or for how long.
Posted on 12/24/18 at 10:52 am to fallguy_1978
quote:
I think the Fed is raising rates despite a forecast of slowing growth so that they'll have some arrows in the quiver when it gets here.
This is a big part of it. The Fed dropped rates and kept them low to try to resuscitate from the 2008 recession.
They have to get rates up far enough that they have a place to drop them to when things inevitably start trending down.
The economy can't expand forever, and building in some room to actually be able to cut rates helps.
Posted on 12/24/18 at 10:52 am to mule74
I aced recess in school. Bring it on 
Posted on 12/24/18 at 10:58 am to Rep520
quote:
They have to get rates up far enough that they have a place to drop them to when things inevitably start trending down. The economy can't expand forever, and building in some room to actually be able to cut rates helps.
They held rates too low for too long. It's going to bite them in the arse now.
Posted on 12/24/18 at 10:59 am to fareplay
And Trump.is trying to blame the Fed. Sad part is the uneducated whites that voted for this gameshow host will believe him.
Posted on 12/24/18 at 11:00 am to CaptainBrannigan
quote:
Sad part is the uneducated whites
You're such a simpleton.
This is your public school teacher, folks...
This post was edited on 12/24/18 at 11:01 am
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