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Old 07-18-2019, 09:02 AM
 
Location: Seattle
1,919 posts, read 417,541 times
Reputation: 1820

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The business cycle is inevitable, and the leading indicators are pointing to a recession in the next year or so. Trump managed to bribe the wealthy into extending the run for a couple more years with a tax cut, but a correction is coming. (Where do you think all that money went? A lot of it got turned into stock buy-backs.)
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Old 08-14-2019, 09:13 AM
 
Location: Haiku
5,129 posts, read 2,873,726 times
Reputation: 7510
Default Trump is in trouble. Recession warnings go red.

An inversion of the yield curve on US Treasuries is a very accurate predictor of recessions and it just inverted today. The one thing, and probably only thing, that Trump has going for him is the economy. If that goes south on him, which is now looking highly likely, he is going to be booted out of the White House.

https://finance.yahoo.com/news/yield...102034083.html
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Old 08-14-2019, 09:15 AM
 
46,605 posts, read 18,740,934 times
Reputation: 19399
Poor Democrats.

Been telling us that Trump is in Trouble since the day he announced he was running 4+ years ago.


They have been wrong every single time. Why? Because the alternative is a crazed Democrat.



Self Deception by definition can't be perceived by the sufferer.
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Old 08-14-2019, 09:18 AM
 
Location: US
18,466 posts, read 18,404,742 times
Reputation: 14461
That's the problem with crying wolf every other day... you start to ignore the people who have been crying wolf the past 10,000,000x. With that being said, we probably are closer to the next potential recession... if Democrats win, especially someone like Warren who says they are closing the health insurance industry and oil industry... it would make perfect sense for a recession to start.
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Old 08-14-2019, 09:19 AM
 
Location: Richmond,VA
3,432 posts, read 2,176,022 times
Reputation: 2549
Quote:
Originally Posted by TwoByFour View Post
An inversion of the yield curve on US Treasuries is a very accurate predictor of recessions and it just inverted today. The one thing, and probably only thing, that Trump has going for him is the economy. If that goes south on him, which is now looking highly likely, he is going to be booted out of the White House.

https://finance.yahoo.com/news/yield...102034083.html
Amazing how dRATs cheer for the economy to go south. Of course they cheer for everything about the USA to go south.


BTW, Trump will leave office Jan 2025.
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Old 08-14-2019, 09:20 AM
 
Location: Florida
23,049 posts, read 9,887,423 times
Reputation: 18994
Poor Jeremy Powell will be harassed day and night by Trump to cut rates.
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Old 08-14-2019, 10:30 AM
 
770 posts, read 220,701 times
Reputation: 757
Default Scumbag Bill Maherís Wish May Come True Dow plunges 650 points after bond market flashes a recession warning

I’m sure now that the economy may be heading toward recession. It’ll be on the fake news media 24/7.
You can count on it!

https://www.cnbc.com/2019/08/14/stoc...omic-data.html
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Old 08-14-2019, 10:34 AM
 
Location: Tip of the Sphere. Just the tip.
4,041 posts, read 1,736,900 times
Reputation: 4823
It was inevitable.

Hand a Republican president a booming economy... end with a crash. They have a proven track record.
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Old 08-14-2019, 10:35 AM
 
2,108 posts, read 2,299,395 times
Reputation: 1579
#bluewave
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Old 08-14-2019, 10:36 AM
 
Location: Tip of the Sphere. Just the tip.
4,041 posts, read 1,736,900 times
Reputation: 4823
And then all the GOP low-information voters cry that the subsequent Democrat hasn't cleaned up the Republicans' mess fast enough

Rinse & repeat
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