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So your life has been better under Trump? Thanks for admitting it!
Some of us think there are some things just as important as income.
The EPA rescinding some of the rules that were cleaning up the air and water are one. What good is it to have a job and an adequate income if the kids can't breathe?
Go to any big box grocery store around around and you will see carts full of bottled water because people are afraid to drink their local water. And that water comes in bottles that the whole world has to clean up. From the making of the bottles to the pumping and bottling of the exact same water the cities use, to cleaning the damn things up.
If Trump really wants to drain the swamp and make the country more fair, let the users pay for their entire product, whatever it is.Start to finish. Water, petroleum, food production, whatever. Industry puts products in the hands of those who want them. But they dump their cost on all of us. From salaries so low people need tax dollars to survive to dead zones in the oceans.
This morning 5/14/2019, the treasury yield curve was inverted for at least the second time this year. Three month treasury bills were yielding 2.42% and ten year treasury bills were yielding 2.41%. A flat or inverted yield curve has preceded all of the recessions since WW2.
I think the DOW can get to 28-29K on one final up move with China deal and/or Fed "surprise" easing. IMO not worth the risk to catch this move and is why I went to cash/UUP about a month or so ago. I think there will be substantial down action going into the election.
What is interesting about that statement is that those who are the most dependent on the welfare state are in the reddest of states in the deep South. More often than not Florida votes republican. Senator Rubio has more than hinted that they will be going after Medicare and Social Security next. Republicans in Florida refuse to see far enough ahead that Florida can become another Alabama.
California has the most welfare recipients of any state in the union and it isn't even close. Funny how you omitted that FACT from your red state nonsense.
This morning 5/14/2019, the treasury yield curve was inverted for at least the second time this year. Three month treasury bills were yielding 2.42% and ten year treasury bills were yielding 2.41%. A flat or inverted yield curve has preceded all of the recessions since WW2.
Your claim is disingenuous and distorts reality.
Did you have a recession in 1966?
Nope.
1959?
Nope.
1970?
Nope.
1974?
That's a trick question. You were already in a recession when the yield inverted, so no.
Good. We keep cash in 4 week T Bills, and the 4 week T Bills are currently paying pretty well.
We're going to use that instead of CD's for a while, since we may need the money.
Interesting take on the issue.
It keeps your money nearly liquid and you are making as much as you would if you committed it for ten years.
I wouldn’t worry. It’s much too early for the Leftists to attempt to Crash the US Economy to win the 2020 Election. They will wait until late summer of next year.
Quote:
Originally Posted by RowingFiend
The liberals are giddy with excitement at the chance of a major crash that would destroy the lives of millions. Pathetic.
Although I don't mind Trump being tough on trade with China, the tariffs are starting to hit home in the agricultural states, the wallets of those who shop in Walmart, and any place else that sells Chinese goods.
This morning 5/14/2019, the treasury yield curve was inverted for at least the second time this year. Three month treasury bills were yielding 2.42% and ten year treasury bills were yielding 2.41%. A flat or inverted yield curve has preceded all of the recessions since WW2.
From a well-known investment guru:
Aside from the EU chaos, I know there are a lot of scary headlines out there. Several talking heads have claimed that a recession is coming because of the inverted yield curve. But remember, fear sells and the media is just trying to scare you. The reality is that international capital is pouring into the U.S. and that's what's driving Treasury yields lower. So, more domestic, dividend-paying stocks remain some of your best bets for new money right now.
Quote:
Originally Posted by Tonyafd
Although I don't mind Trump being tough on trade with China, the tariffs are starting to hit home in the agricultural states, the wallets of those who shop in Walmart, and any place else that sells Chinese goods.
I recently took a position in Ford with a healthy 6% dividend. It has been fairly stable even with all the tariffs.
A widely-watched gauge of the yield curve's slope, the spread between the 2-year note and the 10-year note turned more negative on Tuesday, after inverting last week. The spread between the two maturities stood at a negative 4 basis points, Tradeweb data shows. The yield curve's slope is usually positive as investors demand more compensation to own long-term debt against inflationary pressures or monetary policy uncertainty. An inversion of the yield curve, or a negative yield spread, thus points to widening concerns about the health of the economy and is seen as an accurate recession indicator. ...
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