China trade talks fall through and Treasury yield curve inverts for first time since 2007 (unemployment, Obama)

[Mtnluver8956]

Hunker down all! Here we go again!

A closely watched measure of the Treasury yield curve temporarily inverted Friday for the first time since 2007, highlighting fears that a global slowdown will take a toll on the U.S. economy.

https://www.marketwatch.com/story/10...mis-2019-03-22

[EddieB.Good]

Originally Posted by Mtnluver8956

Hunker down all! Here we go again!




https://www.marketwatch.com/story/10...mis-2019-03-22

"Presidents don't affect the economy." -Conserative economists trying to minimize Obama's role in the recovery.

Maybe they mean good presidents don't?

[bawac34618]

Originally Posted by Mtnluver8956

Hunker down all! Here we go again!




https://www.marketwatch.com/story/10...mis-2019-03-22

I'll be shocked if by the 2020 election, the DOW isn't below at least 12,000 and unemployment above 10%.

Things are about to get bad. Very, very bad. And unlike the last time, we don't have competent leadership to get us through it.

[Mtnluver8956]

Originally Posted by bawac34618

I'll be shocked if by the 2020 election, the DOW isn't below at least 12,000 and unemployment above 10%.

Things are about to get bad. Very, very bad. And unlike the last time, we don't have competent leadership to get us through it.

Billionaires who trump put into high level positions will flee to their private island's probably Everything bubble coming soon.

[floridarebel]

"Economic slowdown coming" has been a redundant statement since the early part of this decade.

[bawac34618]

Originally Posted by Mtnluver8956

Billionaires who trump put into high level positions will flee to their private island's probably Everything bubble coming soon.

I know I am personally f*cked. I've spent the past six years of my life living in misery, working to pay off debt with the hope of eventually moving in 2020. Now it's starting to look like that will be less likely because of the economy.

[evilnewbie]

If you want to read doom and gloom, all you have to do is read MarketWatch... There are dozens of articles every single day... If you want to actually know what is going on, then don't read MarketWatch...

[evilnewbie]

Originally Posted by bawac34618

I know I am personally f*cked. I've spent the past six years of my life living in misery, working to pay off debt with the hope of eventually moving in 2020. Now it's starting to look like that will be less likely because of the economy.

Cool story bro.

[Drewjdeg]

The yield curve inversion is only one of many indicators economists use to gauge the health of the economy.

Don't go all doom and gloom yet.

[bawac34618]

Originally Posted by Drewjdeg

The yield curve inversion is only one of many indicators economists use to gauge the health of the economy.

Don't go all doom and gloom yet.

Yield-curve inversion typically ALWAYS precedes a recession. It's extraordinarily rare for there to be a yield-curve inversion and not a recession.

The near future for the US is beyond bleak. When you consider the social fracturing in this country right now, I don't think there has been times this frightening in any of our lifetimes. I'd say you have to go back to the 1930s and even then, this country was more socially unified than it is now.