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Posted on 8/19/19 at 10:27 pm to dawgfan24348
quote:
That the unemployment numbers while really good don't tell the entire story with many of those people having to take multiple jobs.
Is shipping jobs to China and bringing in illegals a fix.
Posted on 8/20/19 at 1:02 pm to hubertcumberdale
quote:
In your opinion, what are the most unbiased news sources?
reuters and AP are fairly even usually
Posted on 8/20/19 at 3:42 pm to DyeHardDylan
FWIW, just saw a "news" story on WSB(ABC)in Atlanta.
Can't remember the poll name but the story was that a poll of economists showed that 26% thought there would be a recession by 2021.
Not a story that 74% of the economists polled thought there would be no recession in the next 2-3years...
WTF?...
Can't remember the poll name but the story was that a poll of economists showed that 26% thought there would be a recession by 2021.
Not a story that 74% of the economists polled thought there would be no recession in the next 2-3years...
WTF?...
Posted on 8/20/19 at 3:44 pm to DyeHardDylan
So right wingers want so desperately to control all media that they consider it a thought crime to report negative economic news. Got it. The cult is real.
Posted on 8/20/19 at 3:46 pm to hubertcumberdale
quote:
Financial bros are not biased
Lmfao whuuuut?
Posted on 8/20/19 at 3:59 pm to hubertcumberdale
If you truly believe the chart you posted, indicating Reuters, AP and Bloomberg as "Neutral", then your "research reports" are likely not as unbiased as you think they are.
Posted on 8/20/19 at 4:06 pm to DyeHardDylan
I don’t deny the media is hoping and praying for a recession and will continue to push it as a narrative but Trump is begging for rate cuts, QE, and now tax cuts. It’s clear he’s nervous and there are a number of economic indicators that don’t look good. The worry over this is not completely unfounded.
Posted on 8/20/19 at 4:10 pm to hubertcumberdale
quote:Aside from a flash arbitrage-related rate inversion, which economic indicators are those?
there have been many economic indicators pointing to a possible recession
Posted on 8/20/19 at 4:11 pm to DallasTiger11
quote:
there are a number of economic indicators that don’t look good.
We just had two key pieces of data, retail sales and productivity growth, that showed absolutely zero sign of a recession beginning.
Besides the inverted yield curve, what data is indicating a recession? the rate of growth may be slowing, but that is very much different than an outright recession.
The yield curve uninverted btw
This post was edited on 8/20/19 at 4:12 pm
Posted on 8/20/19 at 4:48 pm to HubbaBubba
Dude, that was great.
If he replies, you have got to share it.
If he replies, you have got to share it.
Posted on 8/21/19 at 9:51 am to TygerTyger
quote:He didn't respond with any words, he just sent this:
Dude, that was great.
If he replies, you have got to share it.

Posted on 8/21/19 at 11:27 am to DyeHardDylan
Consumer debt doesn't continuously rise in a real strong market. Neither does the debt to GDP ratio. I yuge bubble is being blown. It will pop. The only question is when.
Posted on 8/21/19 at 11:36 am to LSUwag
quote:
they also did it in 2007/8 which helped bring on the eventual housing collapse and Great Recession.
The housing collapse was caused by junk loans. The Financial crisis was caused by the mortgage back securities/CDOs when people couldn't pay for said junk loans. And we're still in this mess because of "too big to fail".
Posted on 8/21/19 at 12:17 pm to dawgfan24348
Well if you only target minimum wage jobs, you may need a couple. Again, those are entry level jobs. If you don’t grow out of it, you may want to reevaluate a few things.
Posted on 8/21/19 at 2:31 pm to hubertcumberdale
quote:
Financial bros are not biased, the only color they see is green.
And the tech giants are not biased either!!
Posted on 8/21/19 at 3:57 pm to LSUwag
quote:
They also did it in 2007/8 which helped bring on the eventual housing collapse and Great Recession.
What? Leadership across the board: POTUS-Congress failed to exercise their duties with respect to oversight and control of the monetary system. Leadership also failed to provide effective regulation of the financial industry under the interstate commerce clause of Article One, as the subprime mortgage debacle and other abuses clearly demonstrated.
Lack of regulatory oversight and greed were two major contributing factors to the 07-08 collapse.
Posted on 8/21/19 at 4:38 pm to 9th life
quote:
Why is reporting this viewed as some conspiracy?
Probably because the MSM seems to be reporting it as though we are currently entering one. It reeks of fear based propoganda designed to diminish consumer confidence (hoping to bring about an actual recession). Just my .02.
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