Yield Curve is inverted....stocks plummeting...RECESSION is coming

[newfie]

https://www.google.com/amp/s/beta.washingtonpost.com/business/2019/08/14/stocks-tank-another-recession-warning-surfaces/?outputType=amp


The global economy has begun to shudder.

On Wednesday, the U.S. stock market tumbled after a reliable predictor of looming recessions flashed for the first time since the 2008 financial crisis. The Dow Jones industrial average fell more than 700 points, or nearly 3 percent, in the afternoon and has lost close to 7 percent in the past three weeks.

Two of the world’s largest economies, Germany and the United Kingdom, appear to be contracting. Argentina’s stock market fell nearly 50 percent in recent days, and growth in China has slowed.

i survived the great recession of november 2016 that was predicted by the libs i'll try to ride this one out too.

 

[newfie]

Dow down 3% today.
The Global economy is slowing.

Buckle up

world economy has been slowing for awhile, its what makes the trump economy even more amazing

 

[It will be fine]

Who says it will be better a year from now?

Massive tax cuts for corporations, the Fed already dropping rates, crazy federal deficits and a dotard that bankrupted multiple casinos at the helm. That’s a recipe for a long recession.

 

[Old Man Jingles]

Who says it will be better a year from now?

Who says it wont? SMH

 

[newfie]

Who says it wont? SMH

oh no you did ent!! did you just give @bbsam a SMH ?

 

[bbsam]

Who says it wont? SMH

The market if it’s true that the slow down is global.

On a side note, WTF?!?

Banks and such don’t make money unless fed interest rates are near zero?

So you tell me @Old Man Jingles , what’s the fed supposed to do to prop up this free market economy that doesn’t exist?

 

[bbsam]

oh no you did ent!! did you just give @bbsam a SMH ?

No. He gave me H, not SMH.

 

[Maple Grove MN Driver]

Every single time in history that the Yield Curve inverts there has been a recession in the next 24 months.

Every single time.

 

[bbsam]

Massive tax cuts for corporations, the Fed already dropping rates, crazy federal deficits and a dotard that bankrupted multiple casinos at the helm. That’s a recipe for a long recession.

Now whoever could have seen that coming?!?

 

[Jkloc420]

LOL, you guys know tge global economy is right now with their negative yields on their bonds. What do you think those foreign idiots are going to flood into. U.s treasuries go down the more money put into them

 

[Old Man Jingles]

So you tell me @Old Man Jingles , what’s the fed supposed to do to prop up this free market economy that doesn’t exist?

I ain't telling you s!

 

[Jkloc420]

Every single time in history that the Yield Curve inverts there has been a recession in the next 24 months.

Every single time.

wrong

 

[Maple Grove MN Driver]

wrong

Prove that I am wrong

 

[IVE GOTTA PACKAGE 4U]

LOL, you guys know tge global economy is right now with their negative yields on their bonds. What do you think those foreign idiots are going to flood into. U.s treasuries go down the more money put into them

Government Bond 10y - Countries - List

 

[Jkloc420]

Massive tax cuts for corporations, the Fed already dropping rates, crazy federal deficits and a dotard that bankrupted multiple casinos at the helm. That’s a recipe for a long recession.

good lord

 

[Jkloc420]

Prove that I am wrong

7 out of 9

 

[Jkloc420]

Prove that I am wrong

and the other question is how long does it have to be inverted, it is not inverted now

 

[Jkloc420]

and on top of this, the stock market goes up before it goes into recession

 

[Maple Grove MN Driver]

10 year Treasury Note is below the 2 year.
The curve briefly inverted today.
This is just the beginning.


Same thing happened in 2005. We know how that worked out.

 

[Turdferguson]

I ain't telling you s!

Ain't, or can't???