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Started By
Message
re: Recession next year?
Posted on 10/10/18 at 8:50 pm to Mingo Was His NameO
Posted on 10/10/18 at 8:50 pm to Mingo Was His NameO
quote:
There's some people on this board that are truly stupid, he's just a troll.
quote:
Mingo Was His NameO
I dont think you fall into the troll category
But you are definitely one of the stupid posters you're speaking of.
0
Posted on 10/10/18 at 8:51 pm to Masterag
quote:
he didn't raise income taxes, but he did raise lots of other taxes.
Name some.
quote:
can you clear this up?
Rates were expected to be higher now than they are. The Fed before and at the beginning of the Trump presidency expected to bump rates up at a greater pace than they have. The incredible bull run we've been on has delayed them raising rates as quickly as they originally forecasted.
Wages are rising, unemployment is at historical lows, inflation is right on target. The economy is churning along at a great pace right now, and it's not for one single reason.
This post was edited on 10/10/18 at 8:53 pm
Posted on 10/10/18 at 8:51 pm to tgrbaitn08
quote:
hey Bella, is this the LNST? I had a burger and a few beers at High Hat
Not saying it is but I had 2 tamales and water for dinner
This post was edited on 10/11/18 at 5:52 am
Posted on 10/10/18 at 8:53 pm to Mingo Was His NameO
quote:
The incredible bull run we've been on has delayed them raising rates as quickly as they originally forecasted.
I think that's been more centered around the fairly moderate inflation numbers.
Posted on 10/10/18 at 8:55 pm to fallguy_1978
quote:
I think that's been more centered around the fairly moderate inflation numbers.
Which has been caused by wage growth, low unemployment, and consumer spending. All three of which, in my opinion, are fueled some by the tax cuts. Certainly not all, but I do think it has a part in it.
Posted on 10/10/18 at 8:59 pm to TigersHuskers
It'll be interesting to see how Trump blames Obama and the liberals
Posted on 10/10/18 at 9:02 pm to TigersHuskers
quote:
Stocks look awful and right now I'm expecting one early on next year.
quote:
O-T Lounge
Get ready to buy big, boys; bargains are coming
Posted on 10/24/18 at 5:05 pm to Tiger n Miami AU83
quote:
Ford just announced it expects to lay off 24,000 people due to a 1 billion loss so far from the tarrifs. China's economy is feeling a lot of pain right now. Other Asian economies are starting to be affected. The international monetary fund is estimated $480 billion and rising as the global costs of the tarrifs. Pretty much 100% of economists say the tarrifs are a really bad idea.
I just personally think the combination of tariffs, massive increase in the deficit under trump, and end of cheap money are going to be some strong head winds soon.
We will all see :)
Hmmm...
Posted on 10/24/18 at 5:09 pm to Tiger n Miami AU83
quote:
Last week, we reported that Ford would be laying off up to 20,000 salaried workforce positions in the wake of the steel and aluminum tariffs levied against China. According to a company spokesman, the layoffs are a result of an ongoing company-wide restructuring and not due to external forces such as tariffs.
Although Ford has also said they’re certainly not helping.
An analyst with Morgan Stanley cited the 20,000 number after Ford execs warned their global workforce that reductions in staff will come as part of their ongoing restructuring efforts. Ford is at the beginning of a $25 billion restructuring as it seeks greater efficiencies in a competitive global automotive market.
However, it is incorrect to imply that layoffs are a direct result of Chinese steel and aluminum tariffs. Speaking with Snopes.com, Ford spokesperson Karen Hampton stated: "This [reorganization] is a global effort and not specific to the U.S. We began this effort recently as part of our CEO’s work to make us a faster, more nimble, more innovative company."
So you're number and reasons are wrong, but youre going to gloat?
Posted on 10/24/18 at 5:28 pm to TigersHuskers
quote:
Stocks look awful and right now I'm expecting one early on next year.
You posted this shite the last time they went down and you didn't say shite when they rebounded and now here you are again.
Posted on 10/24/18 at 5:44 pm to Tester1216
Member that thread derail stuff I talked about? I member.
Posted on 10/24/18 at 5:45 pm to gthog61
quote:
You posted this shite the last time they went down and you didn't say shite when they rebounded and now here you are again.
Market corrections are normal and healthy. I don't see why there's a mass freakout today.
Posted on 10/24/18 at 6:30 pm to Mingo Was His NameO
quote:
he didn't raise income taxes, but he did raise lots of other taxes.
Name some.
Your social security / Medicare tax was increased by 100 for every 2500 when then Obama care bill passed
Posted on 10/24/18 at 6:41 pm to WoWyHi
quote:
Market corrections are normal and healthy. I don't see why there's a mass freakout today.
Plus the drops are going to be big numbers now that the DOW is 25 fricking thousand.
There's a big difference in 600 points at 25,000 and 600 points at 15,000.
Posted on 10/24/18 at 6:48 pm to The Boat
BXS dropped 25% in the last couple of weeks on good earnings, with uniformly neutral to positive analyst ratings. The market is not rational.
Posted on 8/29/19 at 3:58 pm to TigersHuskers
quote:
I'm expecting to be furloughed next spring too because rail traffic will plummet due to the economy tanking.
Posted on 8/29/19 at 4:03 pm to TigersHuskers
Yeah, it's not looking good.
Posted on 8/29/19 at 4:06 pm to TT9
Scruffy loves a good bump like this.
Posted on 8/29/19 at 4:08 pm to Parmen
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