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Old 08-15-2019, 06:30 AM
 
Location: Middle of the valley
48,380 posts, read 34,504,185 times
Reputation: 73446

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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
 
35,309 posts, read 52,065,266 times
Reputation: 30999
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
 
3,372 posts, read 1,553,719 times
Reputation: 4597
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
63,919 posts, read 46,505,163 times
Reputation: 20674
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 don’t 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
20,735 posts, read 9,359,974 times
Reputation: 15483
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: Phoenix
29,900 posts, read 18,744,842 times
Reputation: 25869
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
30,585 posts, read 24,977,965 times
Reputation: 50794
Well, we tend to have recessions about every 10 years. There is that.
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Old 08-15-2019, 03:53 PM
 
25,408 posts, read 9,702,582 times
Reputation: 15230
Quote:
Originally Posted by EastwardBound View Post
The collective left is very much hoping for a recession to hit!
Why? It's not like the left is immune from a recession. Geez.
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Old 08-15-2019, 03:57 PM
 
Location: Panama City, FL
3,536 posts, read 1,694,062 times
Reputation: 1399
Quote:
Originally Posted by moneill View Post
Yeah it's a little naive to blame the media for reporting what financial experts are expressing as concern.

Is the role of media to ignore stories that don't support the conservative agenda?
Apparently if you are a Trump defender, you can't allow the media to report anything. That is why Trump tweets 24/7 -- to keep his sycophants focused on what he says and of course he tells them all the news outlets are lying. I guess he is not a fan of the 1st amendment. I know he really wants to be Vladimir Putin, but dog-gone, Trumpy, this is the U.S. - you foolish man.
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Old 08-15-2019, 04:12 PM
 
24,360 posts, read 22,930,701 times
Reputation: 14938
First they created fake news, now its a fake recession? I guess we'll just have to have alternative economics along with alternative news to keep us from getting hornswoggled by the " official experts".
Anyway, keep up the good work, Mr. Trump. But you still have another 5 years in office so don't start resting on your laurels just yet.
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