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

[oldngray]

I don't have any data on that one, but it sounds reasonable...
Just a bit irritating that all the news outlets make it sound like a recession is going to start tomorrow.

But hey. Drama sells, I guess.

Most media want a recession. Because it would be bad for Trump.

 

[moreluck]

This is 100% on Trump, his tax cuts and overall idiocy.

But no...

It’s Kamala, the Democrats and Obamacare.

You are special.

THX!

 

[KingofFluff]

I don’t necessarily disagree with the trade war but I don’t think the average American understands how painful it could be.

I told people when he was touting all of this. It sounds great but things will likely get much worse before they get better. And we could be looking a decade into the future before it all plays out.

 

[Meat]

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.

Do you have any idea of what today meant to the bottom 80 percent of the country that owns approximately six percent of all stocks?

Not much.

 

[Maple Grove MN Driver]

Do you have any idea of what today meant to the bottom 80 percent of the country that owns approximately six percent of all stocks?

Not much.

When your 401k loses 50% in the next year you will care.

 

[Meat]

When your 401k loses 50% in the next year you will care.

The elevator goes up.

The elevator goes down.

 

[watdaflock?]

Dow plummets 800 points on worsening global recession fears

 

[newfie]

Wrong it has been on the edge of inversion for almost a year.

It briefly inverted this morning.

I thought you were a financial guru @IVE GOTTA PACKAGE 4U

I do not support your hope for economic ruin for political gain.

Only a lib would root for millions losing their job to gain a political advantage, but then that is the motive behind socialism.

 

[newfie]

Look at the numbers for yourself



Daily Treasury Yield Curve Rates

Too much confusing data for him to digest. Do you have any DNC talking points he can look at?

 

[IVE GOTTA PACKAGE 4U]

Too much confusing data for him to digest. Do you have any DNC talking points he can look at?

Obama sucks


Does That count?

 

[newfie]

Obama sucks


Does That count?

It confirms my worst fears

 

[Maple Grove MN Driver]

I do not support your hope for economic ruin for political gain.

Only a lib would root for millions losing their job to gain a political advantage, but then that is the motive behind socialism.

Huh?

 

[IVE GOTTA PACKAGE 4U]

It confirms my worst fears

Everyone panics its ridiculous.
People are working, the roads are crowded because people are driving. My Brown truck is just about maxed out everyday and companies are making good profits.

 

[bbsam]

I don't have any data on that one, but it sounds reasonable...
Just a bit irritating that all the news outlets make it sound like a recession is going to start tomorrow.

But hey. Drama sells, I guess.

Could be an interesting study to see what the Fed did in the past with an inverted yield through that average 22 month period.

Honestly, whatever happens, it’s hard to say that this economy has Ben managed responsibly. Everyone loves growth and a strong economy but it sure seems like there’s an ugly national hubris this time.

 

[bbsam]

I do not support your hope for economic ruin for political gain.

Only a lib would root for millions losing their job to gain a political advantage, but then that is the motive behind socialism.

Would you root for artificially high employment and economic data for Donald Trump’s political gain?

 

[olroadbeech]

I don't have any data on that one, but it sounds reasonable...
Just a bit irritating that all the news outlets make it sound like a recession is going to start tomorrow.

But hey. Drama sells, I guess.

Exactly. the market runs on emotions. I'll bet donuts to dollars that the market will go up tomorrow after losing 800 points today. cooler heads will prevail overnight.

 

[olroadbeech]

View attachment 259354

just finished watching this for about only the 10th time.

 

[BrownArmy]

COCAINE MANG!

 

[bbsam]

Exactly. the market runs on emotions. I'll bet donuts to dollars that the market will go up tomorrow after losing 800 points today. cooler heads will prevail overnight.

But the market fundamentals suck. This is more than emotion.

 

[rod]

Damn --I guess I better start trying to remember where I buried all those cans of cash and gold coins.