The Next Recession Is Going to Be Brutal. The economy is showing signs of turning ...

[WTH_Progs?]

You do realize that all Trump has to do is rescind the tariffs and the stock market will come roaring right back again...right? (eye roll) Every time you progressives try to start a string that has anything to do with economics you invariably shoot yourselves in the foot because you know so little about the subject.

Stick to your bread and butter, Kiddies! Identity politics!!! Accuse people of being racist...that's what you all do best!

He's a terrible businessman and a terrible president unless he gets lucky.

Gee, Franco...he seems to be REALLY lucky! At what point do you smarten up and realize it isn't luck? Duh?

His economy is no better than Obama's even with 2 trillion dollars in sugar. And everything is going to hell all at once as far as I can tell. Of course I don't listen to propaganda much or believe it at all.

How come progs like yourself say shit just to please yourselves without any respect for honesty?

 

[mudwhistle]

so like the bias democrats on the feds? hahahahaaha, your irony is noted.

"...bias democrats on the feds"

Huh?

Once again, you make zero sense. You're completely out of your league here, but you lack the intellectual wherewithal to see it.

Stay in your lane. Go listen to another talk radio podcast.
.

I follow advisers not idiots on message boards. What was consumer spending numbers at the end of july? you're the expert, did those numbers look good?

No such thing as an expert in my field.

They looked good, that's good news.

Now, let me know when you're ready to provide some intelligent, informed, independent thought.

I won't hold my breath.
.

What is Trump doing that is causing this?

Consumer confidence drops more than expected, reaching its lowest point in nearly two years
PUBLISHED TUE, JUN 25 2019 10:01 AM JUN 25 2019 11:21 AM EDT

The recovery is long in the tooth. Household debt is getting up there. Corporate debt is high and it's slowing capital spending. Global growth is slow. The trade mess hasn't helped.

It's always a combination of things. It could turn back up. Right now we don't know.
.

Recovery?
Are you saying we're still in a recovery ?
WTF was Obama doing for 8 years?????

 

[francoHFW]

You do realize that all Trump has to do is rescind the tariffs and the stock market will come roaring right back again...right? (eye roll) Every time you progressives try to start a string that has anything to do with economics you invariably shoot yourselves in the foot because you know so little about the subject.

Stick to your bread and butter, Kiddies! Identity politics!!! Accuse people of being racist...that's what you all do best!

He's a terrible businessman and a terrible president unless he gets lucky.

Gee, Franco...he seems to be REALLY lucky! At what point do you smarten up and realize it isn't luck? Duh?

His economy is no better than Obama's even with 2 trillion dollars in sugar. And everything is going to hell all at once as far as I can tell. Of course I don't listen to propaganda much or believe it at all.

How come progs like yourself say shit just to please yourselves without any respect for honesty?

inequality and upward Mobility just keep getting worse and worse, no matter how many $7 an hour jobs there are.... How are Trump's pals in North Korea Russia Saudi Arabia doing? Taking over Africa while we diddle? Breaking our elections with garbage propaganda? How about the insanity of our Iranian policy? Ditto Venezuela.... Meanwhile the orange idiot watches Fox all day and tweets garbage propaganda Non-Stop? Your party is a disgrace, only propaganda makes this mess possible, super duper. I know, how about a huge tax cut for the richest and giant corporations!

 

[mudwhistle]

And as predicted, Dimocrats celebrating that their 401K's are tanking, and will celebrate even more if workers begin losing their jobs.

The DOW lost 800........BREAK OUT THE CHAMPAGNE!!!!

 

[Mikeoxenormous]

The only policy option Trump has is to continue blubbering and blathering nonsense to his cheering base.

Meanwhile, its only the top end of the social order that received any benefit from Trump's tax cuts.

The stock market bubble is looking to burst biggly sending 401k values to the bottom.

Europe is already feeling the chill of recession. Its just a matter of time for the USA now.

Trump took a growing economy from Obama and sent it spinning.

The Next Recession Is Going to Be Brutal

The Next Recession Is Going to Be Brutal
The economy is showing signs of turning, and the people who saw the least benefit from the latest boom are now the most vulnerable ahead of the next bust
By TESSA STUART

WASHINGTON, DC - AUGUST 9 : President Donald J. Trump stops to talk to reporters and members of the media as he walks to Marine One to depart from the South Lawn at the White House on Friday, Aug 09, 2019 in Washington, DC. (Photo by Jabin Botsford/The Washington Post via Getty Images)
President Donald J. Trump stops to talk to reporters and members of the media as he walks to Marine One to depart from the South Lawn at the White House on Friday, Aug 09, 2019 in Washington, DC.
Jabin Botsford/The Washington Post/Getty Images
Market-watchers enjoying their first sip of coffee around 6 a.m. might have done a spit-take. For a brief period Wednesday morning, yields on two-year Treasury bonds were higher than those on ten-year ones — a short-term investment was seen as riskier than a long term one, and the return therefore higher — a signal that can portend major trouble for the economy. The last time the yields “inverted” was in 2007, before the “great” recession; the two times before that also directly preceded recessions. The dynamic flipped back before markets opened Wednesday, but stocks nevertheless dropped amid new fears of serious economic trouble ahead.

According to research from Credit Suisse (via the Washington Post) recessions historically have followed 18 to 24 months after the yield curve inversions like the one Wednesday morning.
Before we get too carried away, it’s worth mentioning that there are some who argue the yield curve invert isn’t as reliable a recession indicator as it’s generally made out to be. Former Federal Reserve chair Janet Yellen struck a note of caution during a Wednesday morning appearance on Fox Business. “Historically, it has been a pretty good signal of recession, and it think that’s when markets pay attention to it, but I would really urge that on this occasion it may be a less good signal,” Yellen said. “The reason for that is there are a number of factors other than market expectations about the future path of interest rates that are pushing down long-term yields.”
But sooner or later, the current economic expansion — by many measures the longest in U.S. history — is going to end. And that’s particularly troubling when you consider how many Americans continue to fare poorly even in the current “strong economy.”
Some 40 percent of American families struggled to cover the cost of food, health care, housing or utilities last year, according to a report from the Urban Institute. A Fed found four in 10 adults couldn’t cover a $400 emergency expense. Even at the current low unemployment rate, about 6 million workers are actively looking for jobs right now — and that doesn’t include part-time workers looking for more hours or those who want work but have stopped looking. Men in the prime of their lives are employed at lower rates than they were before the last recession. Suicide rates are spiking, driving down U.S. life expectancy.
A Gallup poll released in January found 48 percent of Americans felt economic conditions were worsening — a trend that had steadily progressed in preceding months — despite the fundamentals remaining strong. At issue was the fact that the benefits of a strong economy were not being broadly shared by all Americans.
Fed Chairman Jerome H. Powell called the dynamic out in two speeches he delivered at the end of last year. “The benefits of this strong economy and sound financial system have not reached all Americans,” he explained. “The aggregate statistics tend to mask important disparities by income, race and geography.”
A recession could take many of those families struggling on the margins and push them squarely into poverty. A family that can’t cover a $400 expense definitely isn’t ready to weather an unexpected layoff. And workers already struggling to find jobs will fare worse if and when the number of openings plummet and the number of unemployed job seekers climbs.
The fact that there are so many Americans still struggling highlights the opportunity President Trump and Republicans missed when they slashed taxes for corporations, businesses and the wealthy, rather than, say, shoring up social safety net accounts, investing in economic development in marginalized communities, funding worker training programs to help them transition to more stable jobs — or even just paying off some of the nation’s debt.
Instead, of course, Republicans promised the working-class and poor would get their share as benefits trickled down in the form of a tax cut-fueled economic explosion. Whether that was a lie or a delusion doesn’t matter now. The economy is showing signs of turning, and the people who saw the least benefit from the latest boom are now the most vulnerable ahead of the next bust.

Brutal.....Bwaaahhhaaaaaaaa…...More talking points from MSNBC again. Do you ever have an original thought? I have $100,000 waiting for the next down turn. Last time there was a recession that the Democrats caused in 2007(thanks to Nan from San Fran) I went all in with Chipotle making 8 times profit.

Good for you asshat!!!

Now what happens to the other 300,000,000 plus people in your country. Conservatives are really big on telling us all how well THEY'RE doing, and it's always in the stock market. They're not building things, they're not selling things, their investments are doing well. SOMEBODY has to be working and earning that money for your investments to do well.

And those people are demanding to be paid for their work. It's about time.

You did see today that the 3 year and the 10 year are back to normal, thus showing signs that there isnt a recession coming? What I learned a long time ago, back when I was a minimum wage puke like most liberals are today, is that if I just sit back and be a victim of liberalism, I will never make it in life where I am today. So I used my God given gifts of intelligence and hands that could fix any jet. I am responsible for me, and my family, if you cant be responsible for you and your family, it isnt my fault. Also actions have consequences and when you vote for a liberal who wants to take your money away, that is also your fault, not mine. I cant help stupid people be smart, I can only enlighten a few, and they are now my best friends and are very wealthy.

 

[Dekster]

The only policy option Trump has is to continue blubbering and blathering nonsense to his cheering base.

Meanwhile, its only the top end of the social order that received any benefit from Trump's tax cuts.

The stock market bubble is looking to burst biggly sending 401k values to the bottom.

Europe is already feeling the chill of recession. Its just a matter of time for the USA now.

Trump took a growing economy from Obama and sent it spinning.

The Next Recession Is Going to Be Brutal

The Next Recession Is Going to Be Brutal
The economy is showing signs of turning, and the people who saw the least benefit from the latest boom are now the most vulnerable ahead of the next bust
By TESSA STUART

WASHINGTON, DC - AUGUST 9 : President Donald J. Trump stops to talk to reporters and members of the media as he walks to Marine One to depart from the South Lawn at the White House on Friday, Aug 09, 2019 in Washington, DC. (Photo by Jabin Botsford/The Washington Post via Getty Images)
President Donald J. Trump stops to talk to reporters and members of the media as he walks to Marine One to depart from the South Lawn at the White House on Friday, Aug 09, 2019 in Washington, DC.
Jabin Botsford/The Washington Post/Getty Images
Market-watchers enjoying their first sip of coffee around 6 a.m. might have done a spit-take. For a brief period Wednesday morning, yields on two-year Treasury bonds were higher than those on ten-year ones — a short-term investment was seen as riskier than a long term one, and the return therefore higher — a signal that can portend major trouble for the economy. The last time the yields “inverted” was in 2007, before the “great” recession; the two times before that also directly preceded recessions. The dynamic flipped back before markets opened Wednesday, but stocks nevertheless dropped amid new fears of serious economic trouble ahead.

According to research from Credit Suisse (via the Washington Post) recessions historically have followed 18 to 24 months after the yield curve inversions like the one Wednesday morning.
Before we get too carried away, it’s worth mentioning that there are some who argue the yield curve invert isn’t as reliable a recession indicator as it’s generally made out to be. Former Federal Reserve chair Janet Yellen struck a note of caution during a Wednesday morning appearance on Fox Business. “Historically, it has been a pretty good signal of recession, and it think that’s when markets pay attention to it, but I would really urge that on this occasion it may be a less good signal,” Yellen said. “The reason for that is there are a number of factors other than market expectations about the future path of interest rates that are pushing down long-term yields.”
But sooner or later, the current economic expansion — by many measures the longest in U.S. history — is going to end. And that’s particularly troubling when you consider how many Americans continue to fare poorly even in the current “strong economy.”
Some 40 percent of American families struggled to cover the cost of food, health care, housing or utilities last year, according to a report from the Urban Institute. A Fed found four in 10 adults couldn’t cover a $400 emergency expense. Even at the current low unemployment rate, about 6 million workers are actively looking for jobs right now — and that doesn’t include part-time workers looking for more hours or those who want work but have stopped looking. Men in the prime of their lives are employed at lower rates than they were before the last recession. Suicide rates are spiking, driving down U.S. life expectancy.
A Gallup poll released in January found 48 percent of Americans felt economic conditions were worsening — a trend that had steadily progressed in preceding months — despite the fundamentals remaining strong. At issue was the fact that the benefits of a strong economy were not being broadly shared by all Americans.
Fed Chairman Jerome H. Powell called the dynamic out in two speeches he delivered at the end of last year. “The benefits of this strong economy and sound financial system have not reached all Americans,” he explained. “The aggregate statistics tend to mask important disparities by income, race and geography.”
A recession could take many of those families struggling on the margins and push them squarely into poverty. A family that can’t cover a $400 expense definitely isn’t ready to weather an unexpected layoff. And workers already struggling to find jobs will fare worse if and when the number of openings plummet and the number of unemployed job seekers climbs.
The fact that there are so many Americans still struggling highlights the opportunity President Trump and Republicans missed when they slashed taxes for corporations, businesses and the wealthy, rather than, say, shoring up social safety net accounts, investing in economic development in marginalized communities, funding worker training programs to help them transition to more stable jobs — or even just paying off some of the nation’s debt.
Instead, of course, Republicans promised the working-class and poor would get their share as benefits trickled down in the form of a tax cut-fueled economic explosion. Whether that was a lie or a delusion doesn’t matter now. The economy is showing signs of turning, and the people who saw the least benefit from the latest boom are now the most vulnerable ahead of the next bust.

I spread my 401K globally to reduce my overall exposure but I suspect we have been in a recession for quite awhile. They are running out of ways to hide it.

 

[Mikeoxenormous]

The only policy option Trump has is to continue blubbering and blathering nonsense to his cheering base.

Meanwhile, its only the top end of the social order that received any benefit from Trump's tax cuts.

The stock market bubble is looking to burst biggly sending 401k values to the bottom.

Europe is already feeling the chill of recession. Its just a matter of time for the USA now.

Trump took a growing economy from Obama and sent it spinning.

The Next Recession Is Going to Be Brutal

The Next Recession Is Going to Be Brutal
The economy is showing signs of turning, and the people who saw the least benefit from the latest boom are now the most vulnerable ahead of the next bust
By TESSA STUART

WASHINGTON, DC - AUGUST 9 : President Donald J. Trump stops to talk to reporters and members of the media as he walks to Marine One to depart from the South Lawn at the White House on Friday, Aug 09, 2019 in Washington, DC. (Photo by Jabin Botsford/The Washington Post via Getty Images)
President Donald J. Trump stops to talk to reporters and members of the media as he walks to Marine One to depart from the South Lawn at the White House on Friday, Aug 09, 2019 in Washington, DC.
Jabin Botsford/The Washington Post/Getty Images
Market-watchers enjoying their first sip of coffee around 6 a.m. might have done a spit-take. For a brief period Wednesday morning, yields on two-year Treasury bonds were higher than those on ten-year ones — a short-term investment was seen as riskier than a long term one, and the return therefore higher — a signal that can portend major trouble for the economy. The last time the yields “inverted” was in 2007, before the “great” recession; the two times before that also directly preceded recessions. The dynamic flipped back before markets opened Wednesday, but stocks nevertheless dropped amid new fears of serious economic trouble ahead.

According to research from Credit Suisse (via the Washington Post) recessions historically have followed 18 to 24 months after the yield curve inversions like the one Wednesday morning.
Before we get too carried away, it’s worth mentioning that there are some who argue the yield curve invert isn’t as reliable a recession indicator as it’s generally made out to be. Former Federal Reserve chair Janet Yellen struck a note of caution during a Wednesday morning appearance on Fox Business. “Historically, it has been a pretty good signal of recession, and it think that’s when markets pay attention to it, but I would really urge that on this occasion it may be a less good signal,” Yellen said. “The reason for that is there are a number of factors other than market expectations about the future path of interest rates that are pushing down long-term yields.”
But sooner or later, the current economic expansion — by many measures the longest in U.S. history — is going to end. And that’s particularly troubling when you consider how many Americans continue to fare poorly even in the current “strong economy.”
Some 40 percent of American families struggled to cover the cost of food, health care, housing or utilities last year, according to a report from the Urban Institute. A Fed found four in 10 adults couldn’t cover a $400 emergency expense. Even at the current low unemployment rate, about 6 million workers are actively looking for jobs right now — and that doesn’t include part-time workers looking for more hours or those who want work but have stopped looking. Men in the prime of their lives are employed at lower rates than they were before the last recession. Suicide rates are spiking, driving down U.S. life expectancy.
A Gallup poll released in January found 48 percent of Americans felt economic conditions were worsening — a trend that had steadily progressed in preceding months — despite the fundamentals remaining strong. At issue was the fact that the benefits of a strong economy were not being broadly shared by all Americans.
Fed Chairman Jerome H. Powell called the dynamic out in two speeches he delivered at the end of last year. “The benefits of this strong economy and sound financial system have not reached all Americans,” he explained. “The aggregate statistics tend to mask important disparities by income, race and geography.”
A recession could take many of those families struggling on the margins and push them squarely into poverty. A family that can’t cover a $400 expense definitely isn’t ready to weather an unexpected layoff. And workers already struggling to find jobs will fare worse if and when the number of openings plummet and the number of unemployed job seekers climbs.
The fact that there are so many Americans still struggling highlights the opportunity President Trump and Republicans missed when they slashed taxes for corporations, businesses and the wealthy, rather than, say, shoring up social safety net accounts, investing in economic development in marginalized communities, funding worker training programs to help them transition to more stable jobs — or even just paying off some of the nation’s debt.
Instead, of course, Republicans promised the working-class and poor would get their share as benefits trickled down in the form of a tax cut-fueled economic explosion. Whether that was a lie or a delusion doesn’t matter now. The economy is showing signs of turning, and the people who saw the least benefit from the latest boom are now the most vulnerable ahead of the next bust.

Brutal.....Bwaaahhhaaaaaaaa…...More talking points from MSNBC again. Do you ever have an original thought? I have $100,000 waiting for the next down turn. Last time there was a recession that the Democrats caused in 2007(thanks to Nan from San Fran) I went all in with Chipotle making 8 times profit.

Good for you asshat!!!

Now what happens to the other 300,000,000 plus people in your country. Conservatives are really big on telling us all how well THEY'RE doing, and it's always in the stock market. They're not building things, they're not selling things, their investments are doing well. SOMEBODY has to be working and earning that money for your investments to do well.

And those people are demanding to be paid for their work. It's about time.

Oh, I just got to tell you this story about a black lady I met in Washington DC. Very nice lady always greeted me when I walked up to her at McDonalds, and she would always get my order right, not like some illegals who cant even understand English. So one day, after she took my order I talked to her about investing in the company she worked for. She had no idea about investing so I gave her the short version of it. I told her that she who worked for her wages, just took a small percentage of her income and put it towards her stocks and after a while, it would increase and possibly pay a nice dividend. At the time the McD's stock was around 40 dollars a share. She made line manager after a year and was able to put more into her stock. Today she has around $30,000 of extra income coming in, along with her manager role, so I would say, fuck you, and your holier than thou attitude. I enlighten people so they can do better, while you a worthless Kuuunt, bitch and moan how unfair life is. Again, I cant fix stupid.

Mcdonald's Corp
Follow Mcdonald's Corp stock

NYSE: MCD · August 15, 12:20 PM EDT
218.38
▲ 1.94 (0.89%)

 

[WTH_Progs?]

The only policy option Trump has is to continue blubbering and blathering nonsense to his cheering base. Can anyone say irony?

Meanwhile, its only the top end of the social order that received any benefit from Trump's tax cuts. That's weird, because I benefited at 60K a year. If you had a job you'd know your words are BS. Stop repeating what others tell you, they don't have jobs either.

The stock market bubble is looking to burst biggly sending 401k values to the bottom. LOL

Europe is already feeling the chill of recession. Its just a matter of time for the USA now. Moderate recessions are good. Fuck Europe, they're a bunch of dumbass socialists anyway

Trump took a growing economy from Obama and sent it spinning. Spinning upwards that is. Check the record dumbass.

The Next Recession Is Going to Be Brutal. As if you have a clue.

 

[Mikeoxenormous]

The only policy option Trump has is to continue blubbering and blathering nonsense to his cheering base.

Meanwhile, its only the top end of the social order that received any benefit from Trump's tax cuts.

The stock market bubble is looking to burst biggly sending 401k values to the bottom.

Europe is already feeling the chill of recession. Its just a matter of time for the USA now.

Trump took a growing economy from Obama and sent it spinning.

The Next Recession Is Going to Be Brutal

The Next Recession Is Going to Be Brutal
The economy is showing signs of turning, and the people who saw the least benefit from the latest boom are now the most vulnerable ahead of the next bust
By TESSA STUART

WASHINGTON, DC - AUGUST 9 : President Donald J. Trump stops to talk to reporters and members of the media as he walks to Marine One to depart from the South Lawn at the White House on Friday, Aug 09, 2019 in Washington, DC. (Photo by Jabin Botsford/The Washington Post via Getty Images)
President Donald J. Trump stops to talk to reporters and members of the media as he walks to Marine One to depart from the South Lawn at the White House on Friday, Aug 09, 2019 in Washington, DC.
Jabin Botsford/The Washington Post/Getty Images
Market-watchers enjoying their first sip of coffee around 6 a.m. might have done a spit-take. For a brief period Wednesday morning, yields on two-year Treasury bonds were higher than those on ten-year ones — a short-term investment was seen as riskier than a long term one, and the return therefore higher — a signal that can portend major trouble for the economy. The last time the yields “inverted” was in 2007, before the “great” recession; the two times before that also directly preceded recessions. The dynamic flipped back before markets opened Wednesday, but stocks nevertheless dropped amid new fears of serious economic trouble ahead.

According to research from Credit Suisse (via the Washington Post) recessions historically have followed 18 to 24 months after the yield curve inversions like the one Wednesday morning.
Before we get too carried away, it’s worth mentioning that there are some who argue the yield curve invert isn’t as reliable a recession indicator as it’s generally made out to be. Former Federal Reserve chair Janet Yellen struck a note of caution during a Wednesday morning appearance on Fox Business. “Historically, it has been a pretty good signal of recession, and it think that’s when markets pay attention to it, but I would really urge that on this occasion it may be a less good signal,” Yellen said. “The reason for that is there are a number of factors other than market expectations about the future path of interest rates that are pushing down long-term yields.”
But sooner or later, the current economic expansion — by many measures the longest in U.S. history — is going to end. And that’s particularly troubling when you consider how many Americans continue to fare poorly even in the current “strong economy.”
Some 40 percent of American families struggled to cover the cost of food, health care, housing or utilities last year, according to a report from the Urban Institute. A Fed found four in 10 adults couldn’t cover a $400 emergency expense. Even at the current low unemployment rate, about 6 million workers are actively looking for jobs right now — and that doesn’t include part-time workers looking for more hours or those who want work but have stopped looking. Men in the prime of their lives are employed at lower rates than they were before the last recession. Suicide rates are spiking, driving down U.S. life expectancy.
A Gallup poll released in January found 48 percent of Americans felt economic conditions were worsening — a trend that had steadily progressed in preceding months — despite the fundamentals remaining strong. At issue was the fact that the benefits of a strong economy were not being broadly shared by all Americans.
Fed Chairman Jerome H. Powell called the dynamic out in two speeches he delivered at the end of last year. “The benefits of this strong economy and sound financial system have not reached all Americans,” he explained. “The aggregate statistics tend to mask important disparities by income, race and geography.”
A recession could take many of those families struggling on the margins and push them squarely into poverty. A family that can’t cover a $400 expense definitely isn’t ready to weather an unexpected layoff. And workers already struggling to find jobs will fare worse if and when the number of openings plummet and the number of unemployed job seekers climbs.
The fact that there are so many Americans still struggling highlights the opportunity President Trump and Republicans missed when they slashed taxes for corporations, businesses and the wealthy, rather than, say, shoring up social safety net accounts, investing in economic development in marginalized communities, funding worker training programs to help them transition to more stable jobs — or even just paying off some of the nation’s debt.
Instead, of course, Republicans promised the working-class and poor would get their share as benefits trickled down in the form of a tax cut-fueled economic explosion. Whether that was a lie or a delusion doesn’t matter now. The economy is showing signs of turning, and the people who saw the least benefit from the latest boom are now the most vulnerable ahead of the next bust.

I spread my 401K globally to reduce my overall exposure but I suspect we have been in a recession for quite awhile. They are running out of ways to hide it.

Globally? that is your first fucking mistake. Germany is in a contraction because they are inflating their Euro's like the Weimar Republic. When you have negative interest rates, who the fuck would want to be invested in that?

 

[Toddsterpatriot]

You do realize that all Trump has to do is rescind the tariffs and the stock market will come roaring right back again...right? (eye roll) Every time you progressives try to start a string that has anything to do with economics you invariably shoot yourselves in the foot because you know so little about the subject.

Stick to your bread and butter, Kiddies! Identity politics!!! Accuse people of being racist...that's what you all do best!

He's a terrible businessman and a terrible president unless he gets lucky.

Gee, Franco...he seems to be REALLY lucky! At what point do you smarten up and realize it isn't luck? Duh?

His economy is no better than Obama's even with 2 trillion dollars in sugar. And everything is going to hell all at once as far as I can tell. Of course I don't listen to propaganda much or believe it at all.

How come progs like yourself say shit just to please yourselves without any respect for honesty?

inequality and upward Mobility just keep getting worse and worse, no matter how many $7 an hour jobs there are.... How are Trump's pals in North Korea Russia Saudi Arabia doing? Taking over Africa while we diddle? Breaking our elections with garbage propaganda? How about the insanity of our Iranian policy? Ditto Venezuela.... Meanwhile the orange idiot watches Fox all day and tweets garbage propaganda Non-Stop? Your party is a disgrace, only propaganda makes this mess possible, super duper. I know, how about a huge tax cut for the richest and giant corporations!

inequality and upward Mobility just keep getting worse and worse,

Yeah, Obama was awful!!!

 

[jc456]

You do realize that all Trump has to do is rescind the tariffs and the stock market will come roaring right back again...right? (eye roll) Every time you progressives try to start a string that has anything to do with economics you invariably shoot yourselves in the foot because you know so little about the subject.

Stick to your bread and butter, Kiddies! Identity politics!!! Accuse people of being racist...that's what you all do best!

He's a terrible businessman and a terrible president unless he gets lucky.

Gee, Franco...he seems to be REALLY lucky! At what point do you smarten up and realize it isn't luck? Duh?

His economy is no better than Obama's even with 2 trillion dollars in sugar. And everything is going to hell all at once as far as I can tell. Of course I don't listen to propaganda much or believe it at all.

How come progs like yourself say shit just to please yourselves without any respect for honesty?

inequality and upward Mobility just keep getting worse and worse, no matter how many $7 an hour jobs there are.... How are Trump's pals in North Korea Russia Saudi Arabia doing? Taking over Africa while we diddle? Breaking our elections with garbage propaganda? How about the insanity of our Iranian policy? Ditto Venezuela.... Meanwhile the orange idiot watches Fox all day and tweets garbage propaganda Non-Stop? Your party is a disgrace, only propaganda makes this mess possible, super duper. I know, how about a huge tax cut for the richest and giant corporations!

name some propaganda for us.

 

[Toddsterpatriot]

The only policy option Trump has is to continue blubbering and blathering nonsense to his cheering base.

Meanwhile, its only the top end of the social order that received any benefit from Trump's tax cuts.

The stock market bubble is looking to burst biggly sending 401k values to the bottom.

Europe is already feeling the chill of recession. Its just a matter of time for the USA now.

Trump took a growing economy from Obama and sent it spinning.

The Next Recession Is Going to Be Brutal

The Next Recession Is Going to Be Brutal
The economy is showing signs of turning, and the people who saw the least benefit from the latest boom are now the most vulnerable ahead of the next bust
By TESSA STUART

WASHINGTON, DC - AUGUST 9 : President Donald J. Trump stops to talk to reporters and members of the media as he walks to Marine One to depart from the South Lawn at the White House on Friday, Aug 09, 2019 in Washington, DC. (Photo by Jabin Botsford/The Washington Post via Getty Images)
President Donald J. Trump stops to talk to reporters and members of the media as he walks to Marine One to depart from the South Lawn at the White House on Friday, Aug 09, 2019 in Washington, DC.
Jabin Botsford/The Washington Post/Getty Images
Market-watchers enjoying their first sip of coffee around 6 a.m. might have done a spit-take. For a brief period Wednesday morning, yields on two-year Treasury bonds were higher than those on ten-year ones — a short-term investment was seen as riskier than a long term one, and the return therefore higher — a signal that can portend major trouble for the economy. The last time the yields “inverted” was in 2007, before the “great” recession; the two times before that also directly preceded recessions. The dynamic flipped back before markets opened Wednesday, but stocks nevertheless dropped amid new fears of serious economic trouble ahead.

According to research from Credit Suisse (via the Washington Post) recessions historically have followed 18 to 24 months after the yield curve inversions like the one Wednesday morning.
Before we get too carried away, it’s worth mentioning that there are some who argue the yield curve invert isn’t as reliable a recession indicator as it’s generally made out to be. Former Federal Reserve chair Janet Yellen struck a note of caution during a Wednesday morning appearance on Fox Business. “Historically, it has been a pretty good signal of recession, and it think that’s when markets pay attention to it, but I would really urge that on this occasion it may be a less good signal,” Yellen said. “The reason for that is there are a number of factors other than market expectations about the future path of interest rates that are pushing down long-term yields.”
But sooner or later, the current economic expansion — by many measures the longest in U.S. history — is going to end. And that’s particularly troubling when you consider how many Americans continue to fare poorly even in the current “strong economy.”
Some 40 percent of American families struggled to cover the cost of food, health care, housing or utilities last year, according to a report from the Urban Institute. A Fed found four in 10 adults couldn’t cover a $400 emergency expense. Even at the current low unemployment rate, about 6 million workers are actively looking for jobs right now — and that doesn’t include part-time workers looking for more hours or those who want work but have stopped looking. Men in the prime of their lives are employed at lower rates than they were before the last recession. Suicide rates are spiking, driving down U.S. life expectancy.
A Gallup poll released in January found 48 percent of Americans felt economic conditions were worsening — a trend that had steadily progressed in preceding months — despite the fundamentals remaining strong. At issue was the fact that the benefits of a strong economy were not being broadly shared by all Americans.
Fed Chairman Jerome H. Powell called the dynamic out in two speeches he delivered at the end of last year. “The benefits of this strong economy and sound financial system have not reached all Americans,” he explained. “The aggregate statistics tend to mask important disparities by income, race and geography.”
A recession could take many of those families struggling on the margins and push them squarely into poverty. A family that can’t cover a $400 expense definitely isn’t ready to weather an unexpected layoff. And workers already struggling to find jobs will fare worse if and when the number of openings plummet and the number of unemployed job seekers climbs.
The fact that there are so many Americans still struggling highlights the opportunity President Trump and Republicans missed when they slashed taxes for corporations, businesses and the wealthy, rather than, say, shoring up social safety net accounts, investing in economic development in marginalized communities, funding worker training programs to help them transition to more stable jobs — or even just paying off some of the nation’s debt.
Instead, of course, Republicans promised the working-class and poor would get their share as benefits trickled down in the form of a tax cut-fueled economic explosion. Whether that was a lie or a delusion doesn’t matter now. The economy is showing signs of turning, and the people who saw the least benefit from the latest boom are now the most vulnerable ahead of the next bust.

Brutal.....Bwaaahhhaaaaaaaa…...More talking points from MSNBC again. Do you ever have an original thought? I have $100,000 waiting for the next down turn. Last time there was a recession that the Democrats caused in 2007(thanks to Nan from San Fran) I went all in with Chipotle making 8 times profit.

Good for you asshat!!!

Now what happens to the other 300,000,000 plus people in your country. Conservatives are really big on telling us all how well THEY'RE doing, and it's always in the stock market. They're not building things, they're not selling things, their investments are doing well. SOMEBODY has to be working and earning that money for your investments to do well.

And those people are demanding to be paid for their work. It's about time.

Oh, I just got to tell you this story about a black lady I met in Washington DC. Very nice lady always greeted me when I walked up to her at McDonalds, and she would always get my order right, not like some illegals who cant even understand English. So one day, after she took my order I talked to her about investing in the company she worked for. She had no idea about investing so I gave her the short version of it. I told her that she who worked for her wages, just took a small percentage of her income and put it towards her stocks and after a while, it would increase and possibly pay a nice dividend. At the time the McD's stock was around 40 dollars a share. She made line manager after a year and was able to put more into her stock. Today she has around $30,000 of extra income coming in, along with her manager role, so I would say, fuck you, and your holier than thou attitude. I enlighten people so they can do better, while you a worthless Kuuunt, bitch and moan how unfair life is. Again, I cant fix stupid.

Mcdonald's Corp
Follow Mcdonald's Corp stock

NYSE: MCD · August 15, 12:20 PM EDT
218.38
▲ 1.94 (0.89%)

At the time the McD's stock was around 40 dollars a share. She made line manager after a year and was able to put more into her stock. Today she has around $30,000 of extra income coming in,

Wow!
She bought over a quarter million dollars worth of stock on her manager income?
How long did that take?

 

[ColonelAngus]

You guys think the next recession will be brutal, just wait until we start defaulting on our massive debt.

 

[White_MAGA_Man]

Interesting! the yield curve inverted more times than this week since Trump has been elected. Every time it happened people blabbed about a recession, but how can a recession happen when the economy is on the best tax and regulatory foundation it's been on in 50 years?? The markets are subject to speculation pressure, like we saw with the DOW going up 400 Tuesday and down 700 Wednesday. The economy drives the market, not the other way around.

Never think the markets drive the economy. Trump haters want us to do that, but the economy isn’t subject to emotional speculation pressure like markets are. The markets have to eventually follow the economy. And the economy is on the best foundation it’s been on in many decades.

COLUMN-Recessions? Never consensus, always hiding in plain sight - McGeever - Reuters

 

[francoHFW]

He's a terrible businessman and a terrible president unless he gets lucky.

Gee, Franco...he seems to be REALLY lucky! At what point do you smarten up and realize it isn't luck? Duh?

His economy is no better than Obama's even with 2 trillion dollars in sugar. And everything is going to hell all at once as far as I can tell. Of course I don't listen to propaganda much or believe it at all.

How come progs like yourself say shit just to please yourselves without any respect for honesty?

inequality and upward Mobility just keep getting worse and worse, no matter how many $7 an hour jobs there are.... How are Trump's pals in North Korea Russia Saudi Arabia doing? Taking over Africa while we diddle? Breaking our elections with garbage propaganda? How about the insanity of our Iranian policy? Ditto Venezuela.... Meanwhile the orange idiot watches Fox all day and tweets garbage propaganda Non-Stop? Your party is a disgrace, only propaganda makes this mess possible, super duper. I know, how about a huge tax cut for the richest and giant corporations!

inequality and upward Mobility just keep getting worse and worse,

Yeah, Obama was awful!!!

It is the giveaway to the rich GOP tax rates of the last 35 years, dumbass doop... Google the only tax graph you need to know and read it....

 

[Toddsterpatriot]

Gee, Franco...he seems to be REALLY lucky! At what point do you smarten up and realize it isn't luck? Duh?

His economy is no better than Obama's even with 2 trillion dollars in sugar. And everything is going to hell all at once as far as I can tell. Of course I don't listen to propaganda much or believe it at all.

How come progs like yourself say shit just to please yourselves without any respect for honesty?

inequality and upward Mobility just keep getting worse and worse, no matter how many $7 an hour jobs there are.... How are Trump's pals in North Korea Russia Saudi Arabia doing? Taking over Africa while we diddle? Breaking our elections with garbage propaganda? How about the insanity of our Iranian policy? Ditto Venezuela.... Meanwhile the orange idiot watches Fox all day and tweets garbage propaganda Non-Stop? Your party is a disgrace, only propaganda makes this mess possible, super duper. I know, how about a huge tax cut for the richest and giant corporations!

inequality and upward Mobility just keep getting worse and worse,

Yeah, Obama was awful!!!

It is the giveaway to the rich GOP tax rates of the last 35 years, dumbass doop... Google the only tax graph you need to know and read it....

It is the giveaway to the rich GOP tax rates of the last 35 years,

Couldn't have done it without Clinton and Obama, eh comrade?

 

[francoHFW]

He's a terrible businessman and a terrible president unless he gets lucky.

Gee, Franco...he seems to be REALLY lucky! At what point do you smarten up and realize it isn't luck? Duh?

His economy is no better than Obama's even with 2 trillion dollars in sugar. And everything is going to hell all at once as far as I can tell. Of course I don't listen to propaganda much or believe it at all.

How come progs like yourself say shit just to please yourselves without any respect for honesty?

inequality and upward Mobility just keep getting worse and worse, no matter how many $7 an hour jobs there are.... How are Trump's pals in North Korea Russia Saudi Arabia doing? Taking over Africa while we diddle? Breaking our elections with garbage propaganda? How about the insanity of our Iranian policy? Ditto Venezuela.... Meanwhile the orange idiot watches Fox all day and tweets garbage propaganda Non-Stop? Your party is a disgrace, only propaganda makes this mess possible, super duper. I know, how about a huge tax cut for the richest and giant corporations!

name some propaganda for us.

Every phony Scandal you know about Hillary Obama the FBI the deep State etc etc, everything you know about who pays taxes and global warming, the border crisis what Democrats want etc etc etc. All the journalists and law enforcement in the world think you are nuts outside your bubble of b*******....

 

[otto105]

The only policy option Trump has is to continue blubbering and blathering nonsense to his cheering base.

Meanwhile, its only the top end of the social order that received any benefit from Trump's tax cuts.

The stock market bubble is looking to burst biggly sending 401k values to the bottom.

Europe is already feeling the chill of recession. Its just a matter of time for the USA now.

Trump took a growing economy from Obama and sent it spinning.

The Next Recession Is Going to Be Brutal

The Next Recession Is Going to Be Brutal
The economy is showing signs of turning, and the people who saw the least benefit from the latest boom are now the most vulnerable ahead of the next bust
By TESSA STUART

WASHINGTON, DC - AUGUST 9 : President Donald J. Trump stops to talk to reporters and members of the media as he walks to Marine One to depart from the South Lawn at the White House on Friday, Aug 09, 2019 in Washington, DC. (Photo by Jabin Botsford/The Washington Post via Getty Images)
President Donald J. Trump stops to talk to reporters and members of the media as he walks to Marine One to depart from the South Lawn at the White House on Friday, Aug 09, 2019 in Washington, DC.
Jabin Botsford/The Washington Post/Getty Images
Market-watchers enjoying their first sip of coffee around 6 a.m. might have done a spit-take. For a brief period Wednesday morning, yields on two-year Treasury bonds were higher than those on ten-year ones — a short-term investment was seen as riskier than a long term one, and the return therefore higher — a signal that can portend major trouble for the economy. The last time the yields “inverted” was in 2007, before the “great” recession; the two times before that also directly preceded recessions. The dynamic flipped back before markets opened Wednesday, but stocks nevertheless dropped amid new fears of serious economic trouble ahead.

According to research from Credit Suisse (via the Washington Post) recessions historically have followed 18 to 24 months after the yield curve inversions like the one Wednesday morning.
Before we get too carried away, it’s worth mentioning that there are some who argue the yield curve invert isn’t as reliable a recession indicator as it’s generally made out to be. Former Federal Reserve chair Janet Yellen struck a note of caution during a Wednesday morning appearance on Fox Business. “Historically, it has been a pretty good signal of recession, and it think that’s when markets pay attention to it, but I would really urge that on this occasion it may be a less good signal,” Yellen said. “The reason for that is there are a number of factors other than market expectations about the future path of interest rates that are pushing down long-term yields.”
But sooner or later, the current economic expansion — by many measures the longest in U.S. history — is going to end. And that’s particularly troubling when you consider how many Americans continue to fare poorly even in the current “strong economy.”
Some 40 percent of American families struggled to cover the cost of food, health care, housing or utilities last year, according to a report from the Urban Institute. A Fed found four in 10 adults couldn’t cover a $400 emergency expense. Even at the current low unemployment rate, about 6 million workers are actively looking for jobs right now — and that doesn’t include part-time workers looking for more hours or those who want work but have stopped looking. Men in the prime of their lives are employed at lower rates than they were before the last recession. Suicide rates are spiking, driving down U.S. life expectancy.
A Gallup poll released in January found 48 percent of Americans felt economic conditions were worsening — a trend that had steadily progressed in preceding months — despite the fundamentals remaining strong. At issue was the fact that the benefits of a strong economy were not being broadly shared by all Americans.
Fed Chairman Jerome H. Powell called the dynamic out in two speeches he delivered at the end of last year. “The benefits of this strong economy and sound financial system have not reached all Americans,” he explained. “The aggregate statistics tend to mask important disparities by income, race and geography.”
A recession could take many of those families struggling on the margins and push them squarely into poverty. A family that can’t cover a $400 expense definitely isn’t ready to weather an unexpected layoff. And workers already struggling to find jobs will fare worse if and when the number of openings plummet and the number of unemployed job seekers climbs.
The fact that there are so many Americans still struggling highlights the opportunity President Trump and Republicans missed when they slashed taxes for corporations, businesses and the wealthy, rather than, say, shoring up social safety net accounts, investing in economic development in marginalized communities, funding worker training programs to help them transition to more stable jobs — or even just paying off some of the nation’s debt.
Instead, of course, Republicans promised the working-class and poor would get their share as benefits trickled down in the form of a tax cut-fueled economic explosion. Whether that was a lie or a delusion doesn’t matter now. The economy is showing signs of turning, and the people who saw the least benefit from the latest boom are now the most vulnerable ahead of the next bust.

Brutal.....Bwaaahhhaaaaaaaa…...More talking points from MSNBC again. Do you ever have an original thought? I have $100,000 waiting for the next down turn. Last time there was a recession that the Democrats caused in 2007(thanks to Nan from San Fran) I went all in with Chipotle making 8 times profit.

Good for you asshat!!!

Now what happens to the other 300,000,000 plus people in your country. Conservatives are really big on telling us all how well THEY'RE doing, and it's always in the stock market. They're not building things, they're not selling things, their investments are doing well. SOMEBODY has to be working and earning that money for your investments to do well.

And those people are demanding to be paid for their work. It's about time.

You did see today that the 3 year and the 10 year are back to normal, thus showing signs that there isnt a recession coming? What I learned a long time ago, back when I was a minimum wage puke like most liberals are today, is that if I just sit back and be a victim of liberalism, I will never make it in life where I am today. So I used my God given gifts of intelligence and hands that could fix any jet. I am responsible for me, and my family, if you cant be responsible for you and your family, it isnt my fault. Also actions have consequences and when you vote for a liberal who wants to take your money away, that is also your fault, not mine. I cant help stupid people be smart, I can only enlighten a few, and they are now my best friends and are very wealthy.

Why is it that since WWII just about every Democratic President has out performed republic ones when it comes to the economy and its performance?

Bonus question, has the stock market performed better under trump or Obama administration?

 

[sartre play]

No one has all the answers. the belief that only one kind of political thinking knows all the answers & too much money buying the government in there own interest is the cause of continuing chaos.

 

[francoHFW]

His economy is no better than Obama's even with 2 trillion dollars in sugar. And everything is going to hell all at once as far as I can tell. Of course I don't listen to propaganda much or believe it at all.

How come progs like yourself say shit just to please yourselves without any respect for honesty?

inequality and upward Mobility just keep getting worse and worse, no matter how many $7 an hour jobs there are.... How are Trump's pals in North Korea Russia Saudi Arabia doing? Taking over Africa while we diddle? Breaking our elections with garbage propaganda? How about the insanity of our Iranian policy? Ditto Venezuela.... Meanwhile the orange idiot watches Fox all day and tweets garbage propaganda Non-Stop? Your party is a disgrace, only propaganda makes this mess possible, super duper. I know, how about a huge tax cut for the richest and giant corporations!

inequality and upward Mobility just keep getting worse and worse,

Yeah, Obama was awful!!!

It is the giveaway to the rich GOP tax rates of the last 35 years, dumbass doop... Google the only tax graph you need to know and read it....

It is the giveaway to the rich GOP tax rates of the last 35 years,

Couldn't have done it without Clinton and Obama, eh comrade?

No the Republicans do it all on their own. They have the garbage GOP reconciliation rule oh, so they only need 51 votes in the Senate to cut taxes on the rich and services for everyone else, and the garbage GOP filibuster rule to stop all democratic reform. That and their garbage propaganda machine are a disgrace and a total scam.