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re: I’ve never seen anything like this

Posted on 8/19/19 at 10:22 pm to
Posted by SDVTiger
Cabo San Lucas
Member since Nov 2011
94121 posts
Posted on 8/19/19 at 10:22 pm to
quote:

why do we need fed rate cuts


Why not? Gotta get that Equity out of everyones home before they implode it again

Posted by Gus007
TN
Member since Jul 2018
14205 posts
Posted on 8/19/19 at 10:27 pm to
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 by Choctaw
Pumpin' Sunshine
Member since Jul 2007
77774 posts
Posted on 8/20/19 at 1:02 pm to
quote:

In your opinion, what are the most unbiased news sources?


reuters and AP are fairly even usually
Posted by dallasga6
Scrap Metal Magnate...
Member since Mar 2009
26636 posts
Posted on 8/20/19 at 3:42 pm to
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?...
Posted by TBoy
Kalamazoo
Member since Dec 2007
27626 posts
Posted on 8/20/19 at 3:44 pm to
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 by Geauxin off
Member since Aug 2009
2096 posts
Posted on 8/20/19 at 3:46 pm to

quote:

Financial bros are not biased



Lmfao whuuuut?
Posted by TigerWoodlands
The Woodlands
Member since Dec 2008
1180 posts
Posted on 8/20/19 at 3:59 pm to
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 by DallasTiger11
Los Angeles
Member since Mar 2004
13407 posts
Posted on 8/20/19 at 4:06 pm to
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 by NC_Tigah
Make Orwell Fiction Again
Member since Sep 2003
135773 posts
Posted on 8/20/19 at 4:10 pm to
quote:

there have been many economic indicators pointing to a possible recession
Aside from a flash arbitrage-related rate inversion, which economic indicators are those?
Posted by HailHailtoMichigan!
Mission Viejo, CA
Member since Mar 2012
73266 posts
Posted on 8/20/19 at 4:11 pm to
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 by TygerTyger
Houston
Member since Oct 2010
10754 posts
Posted on 8/20/19 at 4:48 pm to
Dude, that was great.

If he replies, you have got to share it.
Posted by HubbaBubba
North of DFW, TX
Member since Oct 2010
50984 posts
Posted on 8/21/19 at 9:51 am to
quote:

Dude, that was great.

If he replies, you have got to share it.
He didn't respond with any words, he just sent this:

Posted by whocares1
Member since Jun 2019
308 posts
Posted on 8/21/19 at 11:27 am to
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 by whocares1
Member since Jun 2019
308 posts
Posted on 8/21/19 at 11:36 am to
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 by TygerTyger
Houston
Member since Oct 2010
10754 posts
Posted on 8/21/19 at 12:03 pm to
What a load....
Posted by back9Tiger
Island Coconut Salesman
Member since Nov 2005
17645 posts
Posted on 8/21/19 at 12:17 pm to
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 by alphaandomega
Tuscaloosa-Here to Serve
Member since Aug 2012
16729 posts
Posted on 8/21/19 at 2:31 pm to
quote:

Financial bros are not biased, the only color they see is green.




And the tech giants are not biased either!!


Posted by HC87
Coastal NC
Member since Dec 2014
5507 posts
Posted on 8/21/19 at 3:57 pm to
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 by jimmy the leg
Member since Aug 2007
42400 posts
Posted on 8/21/19 at 4:38 pm to
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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