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Aug 14, 2019 12:31:22   #
proud republican Loc: RED CALIFORNIA
 
I just heard something really scary....That we might be going into Recession???...Bill Maher might have his wish after all...What do you guys think???

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Aug 14, 2019 12:49:52   #
Lonewolf
 
proud republican wrote:
I just heard something really scary....That we might be going into Recession???...Bill Maher might have his wish after all...What do you guys think???


my investment company told me that weeks ago

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Aug 14, 2019 12:51:41   #
Kevyn
 
proud republican wrote:
I just heard something really scary....That we might be going into Recession???...Bill Maher might have his wish after all...What do you guys think???


Trumps “easily winnable” trade war has resulted in a drop of US exports to China of over 25% while the number of goods we import from China has increased by 1% The feds dumped interest rates because pay rates are flat and manufacturing is slowing. Trumps bi polar policies on everything from trade to immigration and foreign policy has left the market in a place it truly hates, a complete lack of stability. The writing is on the wall, Trumps orgy of buffoonery will tank Obamas economy as Bush tanked Clintons it’s just a matter of how soon.

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Aug 14, 2019 12:54:56   #
proud republican Loc: RED CALIFORNIA
 
Kevyn wrote:
Trumps “easily winnable” trade war has resulted in a drop of US exports to China of over 25% while the number of goods we import from China has increased by 1% The feds dumped interest rates because pay rates are flat and manufacturing is slowing. Trumps bi polar policies on everything from trade to immigration and foreign policy has left the market in a place it truly hates, a complete lack of stability. The writing is on the wall, Trumps orgy of buffoonery will tank Obamas economy as Bush tanked Clintons it’s just a matter of how soon.
Trumps “easily winnable” trade war has resulted in... (show quote)


This is NOT obama's economy!!!...Get this through your thick skull,Kevyn!!!

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Aug 14, 2019 13:08:14   #
Louie27 Loc: Peoria, AZ
 
Kevyn wrote:
Trumps “easily winnable” trade war has resulted in a drop of US exports to China of over 25% while the number of goods we import from China has increased by 1% The feds dumped interest rates because pay rates are flat and manufacturing is slowing. Trumps bi polar policies on everything from trade to immigration and foreign policy has left the market in a place it truly hates, a complete lack of stability. The writing is on the wall, Trumps orgy of buffoonery will tank Obamas economy as Bush tanked Clintons it’s just a matter of how soon.
Trumps “easily winnable” trade war has resulted in... (show quote)


I suppose you think it is alright for China to use its devaluating its currency is not a good thing for our markets and it is a good thing for their markets. The Chinese will have to pay more of their income to buy our products, That is an manipulation of the market. That is why all other countries will lose in the long run.

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Aug 14, 2019 13:13:48   #
PeterS
 
proud republican wrote:
I just heard something really scary....That we might be going into Recession???...Bill Maher might have his wish after all...What do you guys think???

The bond yield curve reversed today which is indicatory of a pending recession. Couple that with our trade war with China and the upward pressure for a recession goes up. The good news for you cons is that it is 12 to 18 months away so you can blame it all on Democrats--and maybe be able to squeak out the election. Keep your fingers crossed...

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Aug 14, 2019 13:15:42   #
PeterS
 
proud republican wrote:
This is NOT obama's economy!!!...Get this through your thick skull,Kevyn!!!

True. Obama wouldn't have pushed us into a recession for no reason at all...

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Aug 14, 2019 13:18:26   #
PeterS
 
Louie27 wrote:
I suppose you think it is alright for China to use its devaluating its currency is not a good thing for our markets and it is a good thing for their markets. The Chinese will have to pay more of their income to buy our products, That is an manipulation of the market. That is why all other countries will lose in the long run.

The problem with your reasoning is that we are losing now and those losses are going to increase proportionally in the long term without getting China to change their behavior.

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Aug 14, 2019 13:21:13   #
PeterS
 
proud republican wrote:
This is NOT obama's economy!!!...Get this through your thick skull,Kevyn!!!

So if it's not Obama's economy will that make the upcoming recession Trumps even if a Democrat is elected in 2020?

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Aug 14, 2019 13:32:06   #
proud republican Loc: RED CALIFORNIA
 
PeterS wrote:
So if it's not Obama's economy will that make the upcoming recession Trumps even if a Democrat is elected in 2020?


Sure...But we have more then a year,so im not really worried..

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Aug 14, 2019 13:32:38   #
Liberty Tree
 
proud republican wrote:
I just heard something really scary....That we might be going into Recession???...Bill Maher might have his wish after all...What do you guys think???


Liberals are praying for one and for more shootings. Anything to blame on Trump. Even if there is not one the MSM will report every negative thing they can about the economy and ignore any good.

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Aug 14, 2019 13:40:32   #
Lonewolf
 
proud republican wrote:
Sure...But we have more then a year,so im not really worried..


https://www.usatoday.com/story/money/2019/08/14/dow-stocks-fall-recession-fears-renewed-yield-curve-inverts/2006689001/

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Aug 14, 2019 13:41:25   #
ImLogicallyRight
 
Kevyn wrote:
Trumps “easily winnable” trade war has resulted in a drop of US exports to China of over 25% while the number of goods we import from China has increased by 1% The feds dumped interest rates because pay rates are flat and manufacturing is slowing. Trumps bi polar policies on everything from trade to immigration and foreign policy has left the market in a place it truly hates, a complete lack of stability. The writing is on the wall, Trumps orgy of buffoonery will tank Obamas economy as Bush tanked Clintons it’s just a matter of how soon.
Trumps “easily winnable” trade war has resulted in... (show quote)


When will your "orgy of buffoonery" end?

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Aug 14, 2019 13:46:01   #
proud republican Loc: RED CALIFORNIA
 
ImLogicallyRight wrote:
When will your "orgy of buffoonery" end?


Not any time soon,i gather...

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Aug 14, 2019 13:52:01   #
tommsteyer
 
Liberty Tree wrote:
Liberals are praying for one and for more shootings. Anything to blame on Trump. Even if there is not one the MSM will report every negative thing they can about the economy and ignore any good.


If bond yields signalled recession everybody would have gotten out of the market weeks ago.
And relying on bond behavior is one of those things spectators say they do to keep everyone guessing.There is no canon to bond market yields or everyone would be doing it.

The fact is many underperforming retail companies are posting their quarterly profits and reporting the lowered earningS estimates.
That's because they are run recklessly and depend on cheap Chinese goods to fill their racks and shelves.
Time to manufacture American.
Again.

Make American Manufacturing Great Again.

without outsize profit on 30% of their items they can't finance 70% of their overpriced and over leveraged receivables.

That doesn't mean the entire show falls apart. It does mean there is room in the retail space for American made goods with no tariff. Non monetized from the get go.

There was a big box store that started this way about ten fifteen years ago. Everything was bought for cash so sales meant money not just reduced debt.

Home Depot? Price Club?

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