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Old 08-25-2019, 06:27 PM
 
Location: Kansas City, MISSOURI
9,392 posts, read 2,869,838 times
Reputation: 7150

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Quote:
Originally Posted by Mr78609 View Post
Why even listen to ANYTHING the liberal bias media has to say. We know what they will say before they even say it......
Perhaps, instead, you should listen to the yield curve.
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Old 08-25-2019, 06:58 PM
 
Location: Middle of the ocean
32,383 posts, read 20,410,524 times
Reputation: 46712
Even Trump is saying we may suffer some financial pain from the tariffs. He all but HAD to say something about what a good deal of the economists are saying. I suspect he will have to say a bit more than that soon.
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Old Yesterday, 04:03 PM
 
Location: Texas
35,577 posts, read 19,550,173 times
Reputation: 21212
Exclamation Business bankruptcies: ‘Calm before the storm’ in Texas

More storm clouds on the economic horizon.

I was listening to The Texas Standard, which is a daily (M-F) hour long radio broadcast kinda like a newspaper, only audible rather than legible.

Interesting but disturbing discussion on a recent Houston Chronicle story about bankruptcy law firms going on a hiring spree in anticipation of a wave of corporate bankruptcies approaching. Particularly in the oil and gas sectors, but also ripple effects that'll carry over into retail sales and commercial real estate. That, in turn, will devastate the tax base in many Texas cities, resulting in revenue shortfalls and cutbacks in services.

Just a word to the wise.

https://www.houstonchronicle.com/bus...e-14307376.php

Take it or leave it.

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Old Yesterday, 04:28 PM
 
7,494 posts, read 1,710,126 times
Reputation: 4107
Exclamation For the First Time Since Trump Took Office, Polls Show Americans Worried Economy is Getting Worse than Better

With Trump's trade war not going well for the American taxpayer, A Quinnipiac poll shows that - for the first time since Trump took office 32 months ago, more Americans feel the economy is getting worse than better.

Though there are a lot of one-issue voters out there, every political analyst in recent history would agree that the economy is the #1 determining factor for a sitting president being reelected. And for the first time since Donald took office, Americans are worried the economy is starting to take a turn for the worse.

As we approach election season in a few months, the last thing Trump needs is for American confidence in the economy to sink. As many crazy things as Trump has done, up until now, the economy has always been pretty strong, which has been good for him. But if we slide into a slowdown or even a recession as Nov 2020 rolls around, Trump could be in big, big trouble.


"It's the economy, stupid."


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Old Yesterday, 04:32 PM
 
6,642 posts, read 2,855,235 times
Reputation: 7976
Trump's style of chaos leadership is showing its limitations. Trump has no core. I suspect no one, not Trump's advisors, nor the Chinese, the Europeans, nor even Trump himself know what he wants. Trump is a confused individual. It will all come down soon. There is only so much chaos and instability any economic system can tolerate.
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Old Yesterday, 04:33 PM
 
426 posts, read 52,435 times
Reputation: 210
That's really just due to media coverage. Nothing has fundamentally changed where the average American worker will feel it. It's not like people are being laid off, and companies are shuttering up. But the media keeps saying over and over again that a recession is coming and the people will believe it.
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Old Yesterday, 04:34 PM
 
7,494 posts, read 1,710,126 times
Reputation: 4107
Fox News even did an article about it, no wonder Trump was attacking them today.


https://www.foxnews.com/politics/ala...rse-not-better
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Old Yesterday, 04:40 PM
 
Location: La lune et les étoiles
17,704 posts, read 19,190,509 times
Reputation: 19075
A recession that rids the country of that orange creature would be well worth it.
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Old Yesterday, 04:42 PM
 
Location: Living near our Nation's Capitol since 2010
2,183 posts, read 2,935,931 times
Reputation: 5855
Say what you will, my portfolio is up 41% since he was elected. That is real $$$$$. I know many hate him. I like what is happening to my retirement funds.
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Old Yesterday, 04:45 PM
 
Location: Bellingham, WA
1,014 posts, read 1,152,212 times
Reputation: 1121
The media is driving it. The media has merged and merged where it's down to 6 major corporations/CEO's that control ALL of it. 5 of them have liberal stances and significant interests in continuing our "globalization".
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