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Started By
Message
We are entering a recession. 2 year inverted yield curve at it's longest ever.
Posted on 5/1/24 at 8:21 am
Posted on 5/1/24 at 8:21 am
First, what is the 2 year inverted yield curve. This is when the 2-year Treasury yield eclipsed the 10-year Treasury yield. This is a major indicator of a coming recession.
It's always just a matter of time. Per the Feds, the average time lag can span 12 to 24 months, according to the San Francisco Fed.
July will be 24 months
It's always just a matter of time. Per the Feds, the average time lag can span 12 to 24 months, according to the San Francisco Fed.
July will be 24 months
16
Posted on 5/1/24 at 8:22 am to BCreed1
Well...no shite
Posted on 5/1/24 at 8:27 am to BCreed1
NO WAY, man! The economy is improving and doing great! Job numbers are awesome! At least that's what Biden and MSNBC tell me.
Posted on 5/1/24 at 8:27 am to BCreed1
We already entered one.
Brandon and his minions changed the widely used definition because it was politically damaging.
Brandon and his minions changed the widely used definition because it was politically damaging.
Posted on 5/1/24 at 8:34 am to BCreed1
But Joe said I'm just now figuring out how great his economy is 
Posted on 5/1/24 at 8:37 am to BCreed1
Looks like it is time to redefine recession!
Probably should take a look at the words starvation and war too.
Probably should take a look at the words starvation and war too.
Posted on 5/1/24 at 8:46 am to Gifman
Posted on 5/1/24 at 8:50 am to BCreed1
quote:
We are entering a recession
We have been in a recession for two years.
It has been artificially manipulated and kept in check by the fed and gov to make it less noticeable to everyman, but it's still a recession.
If it doesn't look like Potato Joe will have enough fraud to be reinstalled, there will be no need for the coordination of mitigation. If Trump is somehow sworn in again, they'll let it all fall apart and blame him.
Posted on 5/1/24 at 9:04 am to TigerAxeOK
quote:
If it doesn't look like Potato Joe will have enough fraud to be reinstalled, there will be no need for the coordination of mitigation. If Trump is somehow sworn in again, they'll let it all fall apart and blame him.
Precisely so. They're just praying it doesn't completely collapse before the election. I'm not sure they can stop it now.
Posted on 5/1/24 at 9:12 am to Captain Rumbeard
quote:
I'm not sure they can stop it now.
Banks are already starting to fail.
Posted on 5/1/24 at 9:14 am to BCreed1
It needs to happen. Sucks but it is what it is. People need to stop spending money.
Posted on 5/1/24 at 9:16 am to BCreed1
10 years of QE + ZIRP + Covid's effect on our economy + trillions printed during Covid and trillions printed after Covid will have consequences.
Posted on 5/1/24 at 9:22 am to BCreed1
Have you ever heard of "STAGFLATION"?
Posted on 5/1/24 at 9:24 am to BCreed1
This is mostly due to inflation which is transitory
Posted on 5/1/24 at 9:26 am to TigerAxeOK
quote:
If Trump is somehow sworn in again, they'll let it all fall apart and blame him.
This seems to be the plan
Posted on 5/1/24 at 9:52 am to RougeDawg
quote:
Looks like it is time to redefine recession! Probably should take a look at the words starvation and war too.
I believe the key word now is “reimagine”
Posted on 5/1/24 at 9:56 am to BCreed1
Apparently it isn’t a recession when you keep moving the goalposts on what a recession consists of.
Posted on 5/1/24 at 10:00 am to BCreed1
I remember the recession housing bubble mess with Obama. Job losses were felt first in Fla. then spread over months.
florida-housing-bubble-real-estate-prices-plunge-
florida-housing-bubble-real-estate-prices-plunge-
Posted on 5/1/24 at 10:02 am to BCreed1
The general public won't be told that it's a Recession unless and until Trump takes office.
If Biden is reelected, and, I think he will be (mail-in-balloting), the public won't hear anything about any Recession.
If Biden is reelected, and, I think he will be (mail-in-balloting), the public won't hear anything about any Recession.
Posted on 5/1/24 at 10:04 am to Champagne
exactly.
Pelosi had a litter of kittens with Katy Tur correcting her about Trump's economy.
Pelosi had a litter of kittens with Katy Tur correcting her about Trump's economy.
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