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re: I’ve never seen anything like this
Posted on 8/19/19 at 7:25 pm to BeefDawg
Posted on 8/19/19 at 7:25 pm to BeefDawg
quote:
I'm in the financial business too, like you, and I can tell you that you don't know WTF you're talking about.
This may be very true, but the point I was trying to make is that market analysis is not supposed to have bias. I never said I agreed or disagreed with the analysis that the US is headed towards a recession, but there is data that some people are interpreting in such a way. Are these people dems pushing an agenda? I guess time will tell.
This post was edited on 8/19/19 at 7:32 pm
1
Posted on 8/19/19 at 7:26 pm to 9th life
quote:
There is data to suggest it is trending towards a recession. There are other factors that indicate that data may not be applicable at this time.
This is the truth.
quote:
Why is reporting this viewed as some conspiracy?
Well, you know people.
This graph shows a correlation between inverted yeild curves and recession. It is an indicator, not 100% certain.
Posted on 8/19/19 at 7:27 pm to Fat Bastard
WTF is that goofy as chart. In your words why do yo think we are going into a recession? Also, when do you think this will occur?
Posted on 8/19/19 at 7:30 pm to BeefDawg
quote:
The 5 indicators of a recession are real GDP growth, retail spending, manufacturing, employment/unemployment, and wages/income. And each of these things must be down/negative for at least two straight quarters for us to meet the definition of being in a "recession".
Those are not "Indicators". They are metrics by which we determine if we are indeed in a recession. The inverted yield curve certainly seems to correlate to beginning of "recessions" or periods of economic slow down.
You can attack people on here all you want but I guarantee you people are beginning to get defensive with their investments. Consumer sentiment is a real thing.
Posted on 8/19/19 at 7:31 pm to DyeHardDylan
They can try all they want. You can’t fake households working that haven’t worked before and more money on your check. More people notice those two things than watch the Fake News.
Landslide cometh
Landslide cometh
This post was edited on 8/19/19 at 7:32 pm
Posted on 8/19/19 at 7:53 pm to hubertcumberdale
quote:What data?
This may be very true, but the point I was trying to make is that market analysis is not supposed to have bias. I never said I agreed or disagreed with the analysis that the US is headed towards a recession, but there is data that some people are interpreting in such a way. Are these people dems pushing an agenda? I guess time will tell.
There isn't anything except for the bonds inverted yield curve, and I explained why that happened and that it has nothing to do with our economy.
I gave you THE stats used to determine a recession, and ALL of them are trending positive in a big way. There is zero indication of a pending downturn in any of them.
Every decent advisor I know right now is making bank on playing put and call options depending on how hard the media is screaming "recession". We're shorting shite one day, and buying long the next.
The entire market is driven on sentiment of ignorant sheeple being manipulated by the media right now. And I'm sorry, but it's so predictable I'd be an idiot not to play and get my clients some extra alpha.
So I don't know who you're getting your analytics from, but they're either idiots or you're talking out your arse.
There is no looming recession.
Posted on 8/19/19 at 8:00 pm to hubertcumberdale
quote:
Financial bros are not biased, the only color they see is green.
Most are Jews and White Guilt Trippers that support liberal Democrats and their agendas.
Posted on 8/19/19 at 8:06 pm to DyeHardDylan
quote:
It’s dangerous and quite honestly insidious.
Making us believe we are racists and the county is not worth fighting for.
They were well on their way to talking us out of our country.
Posted on 8/19/19 at 8:11 pm to NC_Tigah
quote:Wait a second... Over 1/4 of economists think the economy will keep soaring for over five straight years? HOLY shite
74% of economists in survey see US recession by end of 2021 . . . . . By end of 2021? Seriously?
Posted on 8/19/19 at 8:16 pm to Sid in Lakeshore
quote:That's retarded.
Those are not "Indicators". They are metrics by which we determine if we are indeed in a recession.
The 5 things used to determine if we're in a recession aren't the 5 things used to determine if we're heading towards a recession??
LOL, good grief.
The inverted yield curve nonsense is propaganda. Foreign investors are flooding our bond market looking for security. They're also flooding our securities market too, by the way.
You know why? Because those foreign countries economies are shite and trending downwards and ours isn't.
Do you not understand that we now live in a technological age where people can trade in our markets on their phone?
You know what else is a bonafide indicator that no recession is coming? The fact the Leftwing media is screaming it almost giddy.
I work in the industry, and not a single one of the fund managers and analysts I know think a recession is looming. They're all buying long after shorting the days the media screams "recession" the loudest.
Posted on 8/19/19 at 8:20 pm to hubertcumberdale
That chart is so shitty it hurts. They forgot to mention the chart itself is biased to the extreme left.
Posted on 8/19/19 at 8:20 pm to hubertcumberdale
The fact that CNN is where it is, just let’s me know that graph is shite.
Posted on 8/19/19 at 8:21 pm to DyeHardDylan
It's a blind Hail Mary by the garbage dems.
Posted on 8/19/19 at 8:59 pm to hubertcumberdale
quote:i considers your source up until I saw they have Vox listed as a fair interpretation of the news. C’mon man
According to this source, they are the most unbiased (Reuters and Bloomberg)
Posted on 8/19/19 at 9:04 pm to Choctaw
quote:outside of opinion pieces and editorials, I find all of those to be pretty fair when actually just reporting the news
That source has NPR, NYT and BBC as neutral and fact reporting
Posted on 8/19/19 at 9:28 pm to gamatt53
quote:
Then why is Trump asking the Fed to lower rates? Shouldn’t rates be raised in times of strong economic growth?
Offset the short term effects of the trade war.
Posted on 8/19/19 at 9:30 pm to DyeHardDylan
Any wage increase is due to government entities raising the minimum wage...stop with your pull it out of your arse bullshite as wages have been stagnant for almost all Americans since 1965.
Posted on 8/19/19 at 9:31 pm to DyeHardDylan
With the economy chugging along at a great again level why do we need fed rate cuts and QE???
Posted on 8/19/19 at 10:12 pm to DyeHardDylan
The Power of Propaganda and Indoctrination.
Watch just how effective it can be.
Watch just how effective it can be.
Posted on 8/19/19 at 10:17 pm to Champagne
It has trump tweeting for fed rate cuts and QE!!! Doesn’t he know the economy is rockin’ out with its cock out???
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