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re: We are headed for recession

Posted on 8/14/19 at 10:28 pm to
Posted by GumboPot
Member since Mar 2009
140573 posts
Posted on 8/14/19 at 10:28 pm to
quote:

We are headed for recession
And have been for a while.


Could you be more specific? When do you expect two consecutive negative GDP quarters?

I don’t see data that supports this. And an inverse yield curve is not a reliable tell. It just means people are lining up to buy long term treasuries. It’s mostly due to foreign investment because the dollar is so strong.

What economic indicators are telling you a recession is coming? Do you know the definition of recession?
Posted by Redbone
my castle
Member since Sep 2012
20701 posts
Posted on 8/14/19 at 10:47 pm to
quote:

DyeHardDylan
quote:

We are headed for recession
Can't wait, huh?

Libtards be all like "we goin to shite. WHOOOPEEEE."
Posted by yatesdog38
in your head rent free
Member since Sep 2013
12737 posts
Posted on 8/14/19 at 10:49 pm to
We are always headed for a recession just like we are always headed towards death. It is inevitable. Stock up on Twinkies now... [Dramatic noises]
Posted by DellTronJon
Member since Feb 2010
1670 posts
Posted on 8/15/19 at 6:16 am to
People like the OP with no balls or back bone, being frightened by every shake of the leaf, and fear mongering are the reason we have recessions. Go back to your pen little sheep.
Posted by gthog61
Irving, TX
Member since Nov 2009
71001 posts
Posted on 8/15/19 at 6:20 am to
quote:

People like the OP with no balls or back bone, being frightened by every shake of the leaf, and fear mongering are the reason we have recessions. Go back to your pen little sheep.



How come they aren't telling us how great the democrat ideas about punitive taxes, oppressive regulations, and wild spending would be in a recession?

All the talk is to blame it on Trump so they can win. Why the Hell isn't anybody looking at what they'd do? They NEVER talk about growth. All they know is redistribution.
Posted by aTmTexas Dillo
East Texas Lake
Member since Sep 2018
23869 posts
Posted on 8/15/19 at 6:26 am to
quote:

We are headed for recession


Apparently Walmart had a great quarter. Sales up. Consumers like us make up 2/3rds of the economy. Maybe Limbaugh is correct. The Powers that Be (media, entrenched bureaucrats) would like us to be in a recession moving into election season.
Posted by NC_Tigah
Make Orwell Fiction Again
Member since Sep 2003
138514 posts
Posted on 8/15/19 at 6:47 am to
quote:

We are headed for recession
We were "headed for recession" as soon as we cleared the last one. That's always the case. The question is "when?"
Posted by uway
Member since Sep 2004
33109 posts
Posted on 8/15/19 at 6:51 am to
The media will do everything possible to talk us into a recession they can blame on Trump.
Posted by BestBanker
Member since Nov 2011
19416 posts
Posted on 8/15/19 at 7:06 am to
Posted by seawolf06
NH
Member since Oct 2007
8159 posts
Posted on 8/15/19 at 7:14 am to
quote:

As long as we have a federal reserve that can determine national interest rates on a whim and can print money out of thin air, we are continuing to hurt the middle class and working class.


Posted by GumboPot
Member since Mar 2009
140573 posts
Posted on 8/15/19 at 7:19 am to
quote:

The media will do everything possible to talk us into a recession they can blame on Trump.




The media is clinging to anything to cheer lead the economy sour. This time it’s the inverted yield curve.

But the reason for the inverted yield curve is due to foreign investment buying long term treasuries and driving their respective prices up and yields down. It’s a flight to a strong dollar as other central banks debase their currencies, like China. The irony is the dollar is strong because our economy is doing quite well. The opposite of a recession. Furthermore ALL GDP forecasts show a positive GDP for next quarter. Again, the opposite of a recession.

But MUH inverted yield curve.
Posted by SSpaniel
Germantown
Member since Feb 2013
29658 posts
Posted on 8/15/19 at 7:21 am to
quote:

Maybe Limbaugh is correct. The Powers that Be (media, entrenched bureaucrats) would like us to be in a recession moving into election season.


There's no maybe to it. They are going to "will" us into a recession if it's the last thing they do.

Make people THINK we are headed into a recession, making them draw back spending and sell off stocks and make a recession happen. Then blame Trump.
Posted by Aubie Spr96
lolwut?
Member since Dec 2009
44366 posts
Posted on 8/15/19 at 7:59 am to
All of this is true. Not sure why it's getting downvotes?
Posted by BugAC
St. George
Member since Oct 2007
57793 posts
Posted on 8/15/19 at 8:24 am to
quote:

You bring truth. Truth upsets The Orange Army. Prepare to he downvoted.



No, pretty sure this guy brought truth.

quote:

You are wrong. There is no reason for the economy to slow down. The bond rate inversion is being caused, not be what caused past ones, but by a flight to safety from Europe and Asia because they have negative interest rates. So they are buying long bonds which raised their value and lowers the interest rate. The rate is not being pushed down by the Fed or by US economic issues.

Pretty simple really.


So, purveyor of truth and wisdom. Please explain where the post above was incorrect. Surely, you with all of your truth and knowledge, can easily do so.

FYI, you can't. You don't know shite about the market and you had a TDS flare up which caused your compulsion to attack.
Posted by BugAC
St. George
Member since Oct 2007
57793 posts
Posted on 8/15/19 at 8:26 am to
quote:

All of this is true. Not sure why it's getting downvotes?



Because it's not true. The below is true. If you disagree, what parts do you disagree with?

quote:

But the reason for the inverted yield curve is due to foreign investment buying long term treasuries and driving their respective prices up and yields down. It’s a flight to a strong dollar as other central banks debase their currencies, like China. The irony is the dollar is strong because our economy is doing quite well. The opposite of a recession. Furthermore ALL GDP forecasts show a positive GDP for next quarter. Again, the opposite of a recession.
Posted by BugAC
St. George
Member since Oct 2007
57793 posts
Posted on 8/15/19 at 8:41 am to
quote:

Aubie Spr96


quote:

If you disagree, what parts do you disagree with?


Still waiting.
Posted by whocares1
Member since Jun 2019
308 posts
Posted on 8/15/19 at 8:52 am to
quote:

What economic indicators are telling you a recession is coming?


Consumer debt.

Consumer Debt Chart

Fundamentals haven't changed. Not a political issue. Growth by debt isn't growth.
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