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Started By
Message
Major financial indicator portends PotatoBrain may put the US in recession
Posted on 3/28/22 at 10:01 am
Posted on 3/28/22 at 10:01 am
quote:
US recession indicator delivers fresh blow for Joe Biden
by Tom Rees
Mon, March 28, 2022
One of the market’s most closely watched harbingers of a US recession has flashed red for the first time in 16 years in a further blow for Joe Biden as his struggling presidency faces a stalling economy.
Signs that central banks will need to act aggressively to clamp down on inflation deepened the global bond rout on Monday morning, sending yields on short-dated government debt soaring.
Usually longer-term bonds have a higher yield than short-term bonds to compensate for investors keeping their money locked in for longer. However, part of the US Treasury yield has inverted, meaning that some short dated government debt has a higher yield than longer-dated sovereign bonds.
This inversion is a sign that investors think a recession in the world’s biggest economy could be close as it predicts that the central bank may need to cut interest rates in response to a downturn.
...
The Democrats and Mr Biden could be facing difficult midterm elections later this year if the market indicator proves correct.
LINK
13
Posted on 3/28/22 at 10:04 am to NC_Tigah
Posted on 3/28/22 at 10:04 am to NC_Tigah
Potato will go down as the worst potato ever
Posted on 3/28/22 at 10:05 am to NC_Tigah
Is anyone else surprised that arguably the worst career politician, ever, is on track to become the worst US president in history?
Posted on 3/28/22 at 10:09 am to NC_Tigah
Waiting for Liberals to start explaining how recession is a great thing and we need to sacrifice for it
Posted on 3/28/22 at 10:11 am to LSUcdro
You're talking about people who think welfare receipts are a sign of economic strength 
Posted on 3/28/22 at 10:12 am to NC_Tigah
TBoy will tell us that this is conspiracy theory hit piece by the right wing MSM
Posted on 3/28/22 at 10:17 am to NC_Tigah
Shut down economy due to COVID and run in to shortages making prices go up - check.
Mismanage supply chain issues and cause prices to go up - check
Make America dependent on foreign energy and make gas and all other prices go up - check
Hand out millions in free stimulus and trigger inflation which makes prices go up - check.
Up Next: Recession.
It’s inevitable.
Mismanage supply chain issues and cause prices to go up - check
Make America dependent on foreign energy and make gas and all other prices go up - check
Hand out millions in free stimulus and trigger inflation which makes prices go up - check.
Up Next: Recession.
It’s inevitable.
This post was edited on 3/28/22 at 10:19 am
Posted on 3/28/22 at 10:21 am to NC_Tigah
We are going to zoom past recession and right into depression with big speed.
Posted on 3/28/22 at 10:21 am to fatboydave
quote:
Potato will go down as the worst potato ever
Posted on 3/28/22 at 10:21 am to mwlewis
quote:
worst career politician
He's terrible but nowhere near the worst when you have the likes of tSquad, Mad Maxine and tons of the other clowns from here in Texico
Posted on 3/28/22 at 10:22 am to LSUcdro
quote:
Waiting for Liberals to start explaining how recession is a great thing and we need to sacrifice for it
Make no mistake by "we" they mean "you". They will vote themselves another raise and give themselves more benefits as always.
Posted on 3/28/22 at 10:32 am to NC_Tigah
quote:
This inversion is a sign that investors think a recession in the world’s biggest economy could be close
Recession??? My God, we are going to be lucky if we avoid the second great depression.
Posted on 3/28/22 at 10:34 am to NC_Tigah
CNN: Trump's recession found to have extended long into Biden's presidency, hurting his ability to rebuild the economy.
Posted on 3/28/22 at 10:35 am to NC_Tigah
Of course he’s going to lead us into a recession, and it’s purposeful. This isn’t from ineptness like with Jimmy Carter; this is by virtue of Potato being bought and paid for by enemies of the American way of life.
Posted on 3/28/22 at 10:35 am to NC_Tigah
Recession is inevitable.
The questions are whether we get stagflation or a depression. Or worse.
The questions are whether we get stagflation or a depression. Or worse.
Posted on 3/28/22 at 10:37 am to idlewatcher
How many of them represent anything bigger than a House district?
Biden was his state’s senior senator for years, ran for president 3 times, and served as VP. He is arguably the worst national level politician who got any traction.
Biden was his state’s senior senator for years, ran for president 3 times, and served as VP. He is arguably the worst national level politician who got any traction.
Posted on 3/28/22 at 11:29 am to upgrayedd
quote:
right wing MSM
There is no such thing. They are all leftist, woke, progressives.
Posted on 3/28/22 at 1:01 pm to NC_Tigah
I can't wait to hear the mental gymnastics Biden voters do to argue none of this is his fault.
Posted on 3/28/22 at 1:45 pm to MBGamecock
Obama's third term is going according to plan.go back and find his Energy Sec. Steven Chu supporting gas prices of $8 a gallon.they love this! the general population is to GD stupid to figure it out!
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