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Old 08-15-2019, 12:26 AM
 
12,376 posts, read 3,137,480 times
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Get information directly and not filtered by TV talking heads who often have an agenda. Listen to Wilbur Ross who is a billionaire so knows high finance.


https://www.youtube.com/watch?time_c...&v=KC4D1cBwMa8
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Old 08-15-2019, 03:48 AM
 
11,354 posts, read 11,219,343 times
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Quote:
Originally Posted by pknopp View Post
The media can't spin a recession.
Seriously. These delusional pro trumpers don't understand the bond market lol
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Old 08-15-2019, 03:49 AM
 
11,354 posts, read 11,219,343 times
Reputation: 5648
Quote:
Originally Posted by PilgrimsProgress View Post
Get information directly and not filtered by TV talking heads who often have an agenda. Listen to Wilbur Ross who is a billionaire so knows high finance.


https://www.youtube.com/watch?time_c...&v=KC4D1cBwMa8
You need someone's talking points huh? Just look at business spending and the bond market and make your own damn decisions.
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Old 08-15-2019, 06:30 AM
 
Location: Middle of the ocean
32,938 posts, read 20,834,706 times
Reputation: 47622
Quote:
Originally Posted by MAGAalot View Post


Why do you keep showing a video from 20 years ago?
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Old 08-15-2019, 06:59 AM
 
35,044 posts, read 42,393,614 times
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Was wondering who the right was going to blame for any upcoming recession, definitely not trumps abysmal trade policies but hey it must be the media.
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Old 08-15-2019, 07:13 AM
 
1,699 posts, read 415,115 times
Reputation: 2558
Quote:
Originally Posted by James Bond 007 View Post
If I were Jay Powell, I'd be tempted to RAISE rates just to annoy him.
Ultimately to get things back on the right track again rates do need to be raised substantially. It would cause shorter-term pain but would be beneficial to America over the longer-term. This race toward zero again with talks of potentially taking things negative is extremely reckless fiscal policy. If the Fed does this it will be catastrophic for our future. Negative rates are a black hole. There is no way out.
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Old 08-15-2019, 07:19 AM
 
Location: Barrington
47,677 posts, read 34,934,161 times
Reputation: 15777
Quote:
Originally Posted by jambo101 View Post
Was wondering who the right was going to blame for any upcoming recession, definitely not trumps abysmal trade policies but hey it must be the media.
An inverted yield curve is one of the recognized technical indicators that a recession is more likely to occur within 1-2 years. It is not a partisan thing.

Big money moves from equities to treasuries - flight to safety.

Markets donít like uncertainty. It is not helpful when Trump has not demonstrated a remotely coherent trade policy and makes a series of panic tweets, blaming FRB.

Trump has presided over more single greatest day point losses than any other POTUS. However, in terms of percentages, while an eye opener, the losses are not particularly alarming.

Media reports both point losses and gains as well as percentages, every day regardless of who sits the oval.
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Old 08-15-2019, 07:23 AM
 
Location: Kansas City, MISSOURI
10,192 posts, read 3,101,637 times
Reputation: 7751
Quote:
Originally Posted by PilgrimsProgress View Post
Get information directly and not filtered by TV talking heads who often have an agenda. Listen to Wilbur Ross who is a billionaire so knows high finance.


https://www.youtube.com/watch?time_c...&v=KC4D1cBwMa8
Uh, he is the current Secretary of Commerce, of course he's not going to say a recession is upcoming! To do so would be an admission that his boss' policies have failed.
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Old 08-15-2019, 03:28 PM
 
Location: Washington State
19,629 posts, read 10,174,017 times
Reputation: 16736
Quote:
Originally Posted by James Bond 007 View Post
Uh, he is the current Secretary of Commerce, of course he's not going to say a recession is upcoming! To do so would be an admission that his boss' policies have failed.
Well the Dims great yesterday 800 point drop didn't turn out so great today with the market going up....maybe ya'lls media can scare ups some successive drops like yesterday....you better hope so.
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Old 08-15-2019, 03:41 PM
 
Location: Southwest Washington State
23,291 posts, read 15,158,343 times
Reputation: 33498
Well, we tend to have recessions about every 10 years. There is that.
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