Next Recession?

MudDucker

Moderator
Staff member
Yellen agrees with me:

“So historically, it’s been a pretty good signal of recession, and I think that’s why the markets pay attention to it, but I would really urge on this occasion it may be a less good signal. And the reason for that is that there are a number of factors other than market’s expectations about the future path of interest rates that are pushing down long-term yields,” Yellen said.

https://www.foxbusiness.com/economy/janet-yellen-to-wall-street-a-recession-is-unlikely
 
The market went nutz today over something that used to be "normal" a couple of decades ago. Before the federal government's uncontrolled bank (FRB) overtly manipulated bond markets with zero or near zero rates, short term rates were usually higher than long. When that happened for the first time since the current floor traders were in diapers, the computer trade machines went south and the 25 to 35 year old "live" traders jumped on the fear wagon.

I agree that we are overdue for a correction (I don't think this is it) and that the market is increasingly volatile. I also realize that this market has had nay sayers hammering at it since Donald Trump was elected - and I think that has a cumulative impact on the response to any "bad" news.

I don't think an economic dive is in our immediate future. In fact, I expect that when the tariff war games shake out next year, and the democrats pick their new loser, the markets will have another growth spurt.
The stock market stopped being a bellwether of the economy 20 years ago when program trading began. The stock market is now a self contained casino and the casino operators are fleecing the playuhs. There was no earth shattering news yesterday that would warrant an 800 point drop in the market. It was a manipulation by the casino operators, plain and simple. Next week we will be back over $26K again and then rinse and repeat.
 

Patriot44

Senior Member
Yall are feeding into the communists' plans. Listen to RW and Bobbie on here and then go read a communist rag or PMSNBC and you will see exactly what is happening. Creating a sense of Fake News on the exonomy in efforts to affect the election. The idiots know that if the econmony stays strong, which it will, anti American communist who really need to be shot to be honest dont stand a chance. Just ask a communist on here, you can see skraight through them. The idiots have tried every trick in the book including the race card. Disgusting ant American commies. Everyone of them need to be shot. We need a war NOW!

Best pesident ever!
 
Yall are feeding into the communists' plans. Listen to RW and Bobbie on here and then go read a communist rag or PMSNBC and you will see exactly what is happening. Creating a sense of Fake News on the exonomy in efforts to affect the election. The idiots know that if the econmony stays strong, which it will, anti American communist who really need to be shot to be honest dont stand a chance. Just ask a communist on here, you can see skraight through them. The idiots have tried every trick in the book including the race card. Disgusting ant American commies. Everyone of them need to be shot. We need a war NOW!

Best pesident ever!

The same people were saying the fed is artificially propping up the economy with cheap money long before Trump was in the picture. They aren't communists. That's just their take and has been for more than a decade.
 
The same people were saying the fed is artificially propping up the economy with cheap money long before Trump was in the picture. They aren't communists. That's just their take and has been for more than a decade.
Yep and when this next debt bubble pops it's going to be a doozie.
 
Personally I think we are about to start one. A true look at the economy is trucking. Freight rates are way down and trucking companies have been bankrupting.
 
Let's try not to be gullible to the liberal fake news media trying to take down President Trump. Usually they do not know what they are talking about as they try to be self-ordained experts on everything, while throwing in scare tactics, & publishing their wants, desires, & fantasies for public consumption.



http://dailytorch.com/2019/08/russia-racist-recession-the-new-fake-news-r-words/

Russia, racist, recession: The new fake news R words

The “recession is coming, the recession is coming” narrative is likely to end up being nothing more than the Russia collusion lie that preceded it: Fake news.





 
Personally I think we are about to start one. A true look at the economy is trucking. Freight rates are way down and trucking companies have been bankrupting.
It's certainly an indicator but there are too many other indicators that are all positive right now.
 
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