|
|
Post by John Titor on Aug 15, 2019 9:15:13 GMT 10
www.cnbc.com/2019/08/14/stock-markets-wall-street-in-focus-amid-earnings-economic-data.html
the signal spooked investors on Wednesday. The last time this key part of the yield curve inverted was during a period starting in December 2005, two years before the recession brought on by the financial crisis hit.
“Historically speaking the inversion of that benchmark yield curve measure means that we now must expect a recession anywhere from six-to-18 months from today which will drastically, and negatively, shift our medium-to-longer term outlook on the broader markets,” Tom Essaye, founder of The Sevens Report, said in a note on Wednesday.
www.newsweek.com/trumprecession-trends-dow-drops-800-points-americans-blame-president-looming-recession-1454399 the U.S. stock markets experienced their worst drop of 2019 on Wednesday, #TrumpRecession began trending on Twitter with tens of thousands of Americans blaming the president for what appears to be a looming recession. The Treasury bond yield curve — a key predictor of every major downturn over the past five decades — inverted on Wednesday for the first time since the 2008 financial crisis, with the Dow Jones Industrial Average plummeting 3 percent or 800 points.
|
|
|
|
Post by rainbow on Aug 15, 2019 10:30:59 GMT 10
This could possibly ruin Trump's chance of winning in 2020.
|
|
|
|
Post by John Titor on Aug 15, 2019 10:32:33 GMT 10
This could possibly ruin Trump's chance of winning in 2020. DEF!
|
|
|
|
Post by John Titor on Aug 15, 2019 10:32:52 GMT 10
I knew this was going to happen when I made my thread the other day
|
|
|
|
Post by rainbow on Aug 15, 2019 10:38:58 GMT 10
I knew this was going to happen when I made my thread the other day I'm wondering if this could be a historical repeat of 2008 when the recession started in late 2007 and the election was coming up and there was a new president. The main difference is that it's possible Trump could get re-elected, but this could seriously hurt him.
|
|
|
|
Post by John Titor on Aug 15, 2019 11:00:10 GMT 10
I knew this was going to happen when I made my thread the other day I'm wondering if this could be a historical repeat of 2008 when the recession started in late 2007 and the election was coming up and there was a new president. The main difference is that it's possible Trump could get re-elected, but this could seriously hurt him. I know this is in poor taste, I dated someone who had severe mental problems in 2008 & 2 months after the recession happened. Astrology wise I think that is weird and ironic because the same thing happened in 2019. We will most likely have a Democrat elected and the recession would be a major plot point much like 2008's Obama vs Cain. I just knew something felt funny this week in the air, I always detect when someone is about to go down.
|
|
Deleted
Deleted Member
|
0 |
|
Post by Deleted on Aug 15, 2019 11:02:49 GMT 10
This happened back in the spring as well. I think a recession is very likely in the next year, but there's no indication it will be as bad as the 2008 one.
|
|
|
|
Post by John Titor on Aug 15, 2019 11:11:25 GMT 10
This happened back in the spring as well. I think a recession is very likely in the next year, but there's no indication it will be as bad as the 2008 one. prob not as bad but still scary for those who are effected, which means everyone lol It took us until 2015/2016 to get out of the one from 2008, it seemed like it would never end. Lets hope the same does not happen with this next upcoming one.
|
|
Deleted
Deleted Member
|
0 |
|
Post by Deleted on Aug 15, 2019 20:37:28 GMT 10
It’s likely to be as bad or worse than 2008 from what I can see. The sad part is this is 100% on Donald Trump and could have been avoided. In America’s tantrum over having to accept same-sex marriage, we elected a madman and now we are going to have a very painful decade ahead. It doesn’t matter if Trunp loses (though if he’s re-elected I think this country is done), the damage is already done and it will probably be the 2030s because we get back to full employment and a sense of normalcy in this country. These are frightening times to be alive.
|
|
Deleted
Deleted Member
|
0 |
|
Post by Deleted on Aug 15, 2019 21:39:49 GMT 10
Don’t get too concerned just yet; an inverted yield curve has predicted 12 out of the last 10 recessions. However, I’m not aware of a recession that has started without first having an inversion of the yield curve.
|
|
Deleted
Deleted Member
|
0 |
|
Post by Deleted on Aug 15, 2019 22:33:58 GMT 10
It’s likely to be as bad or worse than 2008 from what I can see. The sad part is this is 100% on Donald Trump and could have been avoided. In America’s tantrum over having to accept same-sex marriage, we elected a madman and now we are going to have a very painful decade ahead. It doesn’t matter if Trunp loses (though if he’s re-elected I think this country is done), the damage is already done and it will probably be the 2030s because we get back to full employment and a sense of normalcy in this country. These are frightening times to be alive. What makes you think it will be worse than 2008? As far as I can tell, the main threats are a no-deal Brexit/trade wars and a downturn in manufacturing. The housing bubbles and the financial meltdowns of the mid-late 2000s seem to be absent.
|
|
|
|
Post by John Titor on Aug 16, 2019 13:03:55 GMT 10
we got a bit but it looks like its going to wreck the economy
|
|
|
|
Post by Telso on Aug 19, 2019 9:16:49 GMT 10
From what I see, yeah this potential recession definitely won't be as bad as 2008. The massive hysteria on this thread is ridiculous.
|
|
