peach174
Gold Member
- Apr 24, 2010
- 26,444
- 6,993
You just got embarrassed and should probably shut up now.YES, BOND YIELDS HAVE CRASHED, AS I JUST POINTED OUT.And another Trumpster lie. I didn't say the economy was in "freefall", YOU did.Yep, the economy is in freefall!
US unemployment rate hits 50-year low
POSTED 1:59 PM, OCTOBER 4, 2019
WASHINGTON — Amid signs that the global economy is slowing, America’s labor market nonetheless remains strong.
In September, the unemployment rate fell to 3.5%, the lowest rate since December 1969, as employers added 136,000 jobs to the U.S. economy. There were many signs of strength, including robust hiring in health care, transportation, professional services and state and local government.
US unemployment rate hits 50-year low
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Here are some actual facts, however:
I know they don't cover those ACTUAL FACTS in your world, but they're actually FACTS.
- We're stuck at 2.0% GDP, less than half Trump promised.
- The deficit is at a SEVEN YEAR HIGH.
- Bond yields have crashed.
- The Fed is having to step in to save the economy.
- We're now in a manufacturing recession.
Unlike the lie you posted.
.
You are the one who said Bond Yields have crashed.
That's my point.
When yields crash, prices go up. Prices aren't crashing, yields are.
Holy crap. Back away from the radio for a while.
.
You did not read the link
They are adjusting.
No doom and gloom
They have said this for the last 3 years every single time it adjusts .
My link explains how difficult it is for a crash and why the Fed stepped in.
Fair Trade is painful but fair trade for the USA is better.
The USA has paid other countries subsidies for far to long.
It needs to be put back in balance, in doing so the markets are going to have to adjust several times.
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