We Haven’t Seen A Manufacturing Slowdown Like This Since The Last Financial Crisis

[JustAGuy1]

"
There should no longer be any doubt that the U.S. economy is slowing down, but most Americans still don’t realize what is happening because the major news networks are completely focused on the endless impeachment drama that is currently playing out in Washington. And without a doubt that is important, because it threatens to literally rip our entire nation in two. But meanwhile, economic activity has taken a very ominous turn. Hiring is slowing, consumer confidence is plunging, defaults on auto loans are rapidly escalating, the “transportation recession” continues to get deeper and it appears that the housing bubble is popping. Everywhere we turn, there are signs of economic trouble, and many are deeply concerned about what this will mean for us as we head into a pivotal election year in 2020.

Not since the last recession have we seen numbers this bad. The “mini-boom” that we witnessed for several years has now turned into a “bust”, and very tough times are ahead."

The Boom Turns Into A Bust – Here are 14 Signs That The U.S. Economy Is Steadily Weakening

It's not all sunshine and lollipops out there.

 

[Mac1958]

It's not good, but the future isn't set in stone, either.

Right now the economy's okay, and sentiment in markets is beginning to improve. It's beginning to look like bond yields have bottomed, and fewer people are predicting a recession in the next year or so.

A (good) China trade deal could really bring sentiment back. If that happens, it could end up that the 20% stock drop we saw during the last quarter of 2018 could be our "bear market" for a while.

Fingers crossed.
.

 

[Billy_Bob]

Democrats fucking with people.. Lying... Creating uncertainty...

Contrived Bull Shit..

 

[JustAGuy1]

Democrats fucking with people.. Lying... Creating uncertainty...

Contrived Bull Shit..

You realize that this puts you on par with franco and Lakhota....right?

 

[JustAGuy1]

Keep your eyes on Deutsche Bank.

 

[flack]

"
There should no longer be any doubt that the U.S. economy is slowing down, but most Americans still don’t realize what is happening because the major news networks are completely focused on the endless impeachment drama that is currently playing out in Washington. And without a doubt that is important, because it threatens to literally rip our entire nation in two. But meanwhile, economic activity has taken a very ominous turn. Hiring is slowing, consumer confidence is plunging, defaults on auto loans are rapidly escalating, the “transportation recession” continues to get deeper and it appears that the housing bubble is popping. Everywhere we turn, there are signs of economic trouble, and many are deeply concerned about what this will mean for us as we head into a pivotal election year in 2020.

Not since the last recession have we seen numbers this bad. The “mini-boom” that we witnessed for several years has now turned into a “bust”, and very tough times are ahead."

The Boom Turns Into A Bust – Here are 14 Signs That The U.S. Economy Is Steadily Weakening

It's not all sunshine and lollipops out there.

What planet do you live on and what color is the sky?

 

[JustAGuy1]

"
There should no longer be any doubt that the U.S. economy is slowing down, but most Americans still don’t realize what is happening because the major news networks are completely focused on the endless impeachment drama that is currently playing out in Washington. And without a doubt that is important, because it threatens to literally rip our entire nation in two. But meanwhile, economic activity has taken a very ominous turn. Hiring is slowing, consumer confidence is plunging, defaults on auto loans are rapidly escalating, the “transportation recession” continues to get deeper and it appears that the housing bubble is popping. Everywhere we turn, there are signs of economic trouble, and many are deeply concerned about what this will mean for us as we head into a pivotal election year in 2020.

Not since the last recession have we seen numbers this bad. The “mini-boom” that we witnessed for several years has now turned into a “bust”, and very tough times are ahead."

The Boom Turns Into A Bust – Here are 14 Signs That The U.S. Economy Is Steadily Weakening

It's not all sunshine and lollipops out there.

What planet do you live on and what color is the sky?

I am a thoroughly grounded Conservative who isn't locked into a binary paradigm

 

[okfine]

"
There should no longer be any doubt that the U.S. economy is slowing down, but most Americans still don’t realize what is happening because the major news networks are completely focused on the endless impeachment drama that is currently playing out in Washington. And without a doubt that is important, because it threatens to literally rip our entire nation in two. But meanwhile, economic activity has taken a very ominous turn. Hiring is slowing, consumer confidence is plunging, defaults on auto loans are rapidly escalating, the “transportation recession” continues to get deeper and it appears that the housing bubble is popping. Everywhere we turn, there are signs of economic trouble, and many are deeply concerned about what this will mean for us as we head into a pivotal election year in 2020.

Not since the last recession have we seen numbers this bad. The “mini-boom” that we witnessed for several years has now turned into a “bust”, and very tough times are ahead."

The Boom Turns Into A Bust – Here are 14 Signs That The U.S. Economy Is Steadily Weakening

It's not all sunshine and lollipops out there.

It will get better. Everyone needs to pull together in case it doesn't.

 

[iamwhatiseem]

I made a thread awhile back warning about an upcoming slow down and all I got was laughs.
Indicators are not good, especially for everyone but the investor class.
We have an increasing problem that has been developing in America over the past 20 years... between 20% - 30% of our GDP is financial services. Yet financial services only employees .05% of the US job market.
The financial service market is growing year after year...

 

[Nostra]

The economiccollapseblog?

Sounds legit.

 

[MisterBeale]

It's not good, but the future isn't set in stone, either.

Right now the economy's okay, and sentiment in markets is beginning to improve. It's beginning to look like bond yields have bottomed, and fewer people are predicting a recession in the next year or so.

A (good) China trade deal could really bring sentiment back. If that happens, it could end up that the 20% stock drop we saw during the last quarter of 2018 could be our "bear market" for a while.

Fingers crossed.
.

An Old Recession Boogeyman Returns—and It's Spooking Some Stock Investors

https://money.usnews.com/investing/...verted-yield-curve-signals-financial-disaster

Why the Yield Curve Is Inverted Now

Two and Ten-Year Yields Invert, Indicating Recession Ahead

U.S. yield curve to invert in 2019, recession to follow: Reuters poll

The U.S. Treasury 2-10 year yield curve inverted and that means stocks are on ‘borrowed time,’ says BAML

Almost All Recessions Began 6 To 24 Months After The Yield Curve Inverted

 

[Mac1958]

It's not good, but the future isn't set in stone, either.

Right now the economy's okay, and sentiment in markets is beginning to improve. It's beginning to look like bond yields have bottomed, and fewer people are predicting a recession in the next year or so.

A (good) China trade deal could really bring sentiment back. If that happens, it could end up that the 20% stock drop we saw during the last quarter of 2018 could be our "bear market" for a while.

Fingers crossed.
.

An Old Recession Boogeyman Returns—and It's Spooking Some Stock Investors

https://money.usnews.com/investing/...verted-yield-curve-signals-financial-disaster

Why the Yield Curve Is Inverted Now

Two and Ten-Year Yields Invert, Indicating Recession Ahead

U.S. yield curve to invert in 2019, recession to follow: Reuters poll

The U.S. Treasury 2-10 year yield curve inverted and that means stocks are on ‘borrowed time,’ says BAML

Almost All Recessions Began 6 To 24 Months After The Yield Curve Inverted

That's all fine. But it's not predictive.

And is a recession on the way? Of course. What we don't know is when.
.

 

[MisterBeale]

The economiccollapseblog?

Sounds legit.

It's not really about the blog itself. I myself have used that as a source, it is sort of like Breitbart of Wikipedia, it is a News Aggregator, that pulls many sources to paint a world view or narrative.

Anyone that has taken High School or College Debate, or done a year of law school understands the concept of "building a case."

Take the first couple points, where do they lead you?

#1 is Associated Press. You have a problem with them? I don't.

Survey: US business hiring hits 7-year low as sales slow
Survey: US business hiring hits 7-year low as sales slow

#2 is again, AP

US consumer confidence falls for third consecutive month
US consumer confidence falls for third consecutive month

#3 is from Zerohedge. . that does, overall, tend to be sketchy. Rush Limbaugh uses it as a Goto source on many occasion. They themselves use OTHER journalists to do their heavy lifting. This article is using Bloomberg I think.

Subprime Auto Giant’s Loans Souring at Fastest Clip Since 2008
Bloomberg - Are you a robot?

#4 is from another blog called WolfStreet, which is linking back to, again, Bloomberg. Same article.

Subprime Auto Giant’s Loans Souring at Fastest Clip Since 2008
Bloomberg - Are you a robot?

. . . We could go on like this. . . but as you can see, the guy that runs this "Economic Collapse Blog" doesn't subscribe to wild flights of fancy. His news sources go back, essentially to the same places you get your news from. He just assembles the pieces together to get a different picture than most folks do.

 

[MisterBeale]

It's not good, but the future isn't set in stone, either.

Right now the economy's okay, and sentiment in markets is beginning to improve. It's beginning to look like bond yields have bottomed, and fewer people are predicting a recession in the next year or so.

A (good) China trade deal could really bring sentiment back. If that happens, it could end up that the 20% stock drop we saw during the last quarter of 2018 could be our "bear market" for a while.

Fingers crossed.
.

An Old Recession Boogeyman Returns—and It's Spooking Some Stock Investors

https://money.usnews.com/investing/...verted-yield-curve-signals-financial-disaster

Why the Yield Curve Is Inverted Now

Two and Ten-Year Yields Invert, Indicating Recession Ahead

U.S. yield curve to invert in 2019, recession to follow: Reuters poll

The U.S. Treasury 2-10 year yield curve inverted and that means stocks are on ‘borrowed time,’ says BAML

Almost All Recessions Began 6 To 24 Months After The Yield Curve Inverted

That's all fine. But it's not predictive.

And is a recession on the way? Of course. What we don't know is when.
.

In the next 12-54 months. Take it to the bank.

 

[Mac1958]

And is a recession on the way? Of course. What we don't know is when.

In the next 12-54 months. Take it to the bank.

That's a very wide range, and probably true.
.

 

[flack]

The economy is cyclical. There are ups and downs. The biggest problem is keeping the pencil pushers from making it worse in an attempt to help.

 

[iamwhatiseem]

I am in a bell weather industry (manufacturing), the last 3 months have all been lower than expected and not following long-term trends. Suppliers I talked too are all down over PQ and PYTD.
The media and economist place way-way-way too much emphasis on stock markets, but stock markets are not a good indicator of the economy as a whole because, obviously, they are wildly supplemented by the U.S. Government.

 

[flack]

I am in a bell weather industry (manufacturing), the last 3 months have all been lower than expected and not following long-term trends. Suppliers I talked too are all down over PQ and PYTD.
The media and economist place way-way-way too much emphasis on stock markets, but stock markets are not a good indicator of the economy as a whole because, obviously, they are wildly supplemented by the U.S. Government.

Two things. Boeing and GM.

 

[JustAGuy1]

The economiccollapseblog?

Sounds legit.

Prove it wrong. (shrugs)

 

[MisterBeale]

And is a recession on the way? Of course. What we don't know is when.

In the next 12-54 months. Take it to the bank.

That's a very wide range, and probably true.
.

The MBS and toxic assets are still on the books at the FED from 2008 though, they are still out of tools.

The next one will be worse than 2008, probably worse than the great depression.

The dollar as reserve currency is at an end.. . . .in most likelihood.

Inflation is only good for governments, it causes war, poverty and misery, it also secures the fortunes of criminal oligarch to sell folks on bad policy. It is time to end central banking.


. . . or, maybe we will just slowly phase into crypto and never have another. . . . .

Central Banks in Panic Mode - Extreme Tactics Like Helicopter Money Discussed - Bitcoin News