Trump melting like the bitch he is. If there is a more cowardly, more pathetic, more irresponsible piece of shit in the world, I don't know who he or she is.
Fuck every single one you.
..Spread is way too much as other countries say THANK YOU to clueless Jay Powell and the Federal Reserve. Germany, and many others, are playing the game! CRAZY INVERTED YIELD CURVE! We should easily be reaping big Rewards & Gains, but the Fed is holding us back. We will Win!— Donald J. Trump (@realDonaldTrump) August 14, 2019
Stocks losses deepen as a key recession warning surfaces
By Damian Paletta ,
Thomas Heath and
Taylor Telford August 14 at 6:36 PM
Recession signals intensified Wednesday in the United States and in some of the world’s leading economies, as the damage from acrimonious trade wars is becoming increasingly apparent on multiple continents.
The U.S. stock market tumbled to its worst day of the year on Wednesday, after a reliable predictor of looming recessions flashed for the first time since the run-up to the 2008 financial crisis. The Dow Jones industrial average fell 800 points, or about 3 percent, and has lost close to 7 percent over the past three weeks.
Two of the world’s largest economies, Germany and the United Kingdom, appear to be contracting even as the latter forges ahead with plans to leave the European Union. Growth also has slowed in China, which is in a bitter trade feud with the United States. Meanwhile, Argentina’s stock market fell nearly 50 percent earlier this week after its incumbent president was defeated by a left-wing opponent.
[Recession watch: What is an ‘inverted yield curve’ and why does it matter?]
Whether the events presage an economic calamity or just an alarming spasm are unclear. But unlike during the Great Recession, global leaders are not working in unison to confront mounting problems and arrest the slowdown. Instead, they are increasingly at one another’s throats.
And President Trump has responded by both claiming the economy is still thriving while dramatically ramping up his attacks on Federal Reserve Board Chair Jerome H. Powell, seeking to deflect blame.
Wednesday’s sharp sell-off was caused by an unusual development in the bond market, called an “inverted yield curve,” that often foreshadows a recession.
For the first time since the run-up to the Great Recession, the yields — or returns — on short-term U.S. bonds eclipsed those of long-term bonds. Normally, the government needs to pay out higher rates to attract investors for its long-term bonds. But with so many losing confidence in the near-term prospects of the economy and rushing to buy longer-term bonds, the U.S. government now is paying more to attract buyers to its 2-year bond than its 10-year note.
[Banks are paying people to borrow money. That’s alarming news for the global economy.]
This phenomenon, which suggests investor faith in the economy is faltering, has preceded every recession in the past 50 years.
“The stars are aligned across the curve that the economy is headed for a big fall,” said Chris Rupkey, chief financial economist at MUFG Union Bank. “The yield curves are all crying timber that a recession is almost a reality, and investors are tripping over themselves to get out of the way.”
['An absurdly odd world': Why nervous banks are paying people to take loans]
It’s the latest in a string of worrisome news about the U.S. economy. The government is expected to spend roughly $1 trillion more than it brings in through revenue this year, adding to a ballooning deficit. Business investment has begun to contract — largely because of the uncertainty surrounding Trump’s trade war — and manufacturing hiring has receded. The big hiring and investment announcements that piled up at the beginning of the Trump administration have ceased, as have the announcements of bonuses and pay increases that came after a tax cut law was passed in 2017.
Several White House officials have become concerned that the economy is weakening faster than expected, but they are not working on proactive plans to change its course. The Treasury Department has had an exodus of senior advisers in recent months, and the White House just announced a replacement for its chairman of the Council of Economic Advisers.
Re: Looks like Softball Bat was on to something
Posted: Thu Aug 15, 2019 12:23 am
by Derron
You are a complete fucking idiot that listens to the news media trying to generate anything against Trump.
People are moving out of the low yield T notes to actually put money into equities that will make them money.
But since you only make $ 5 a blow job on the alley corner, it is expected you would have zero financial sense.
Re: Looks like Softball Bat was on to something
Posted: Thu Aug 15, 2019 12:48 am
by Screw_Michigan
The economy is collapsing because your boy is a fucking moron. The oldest truth in the book, next to the sun rising in the east, is that Republicans destroy economies and Democrats fix them. That has been the playbook since Reagan and there will be no exception.
Hope it was worth it, you fucking clowns.
Re: Looks like Softball Bat was on to something
Posted: Thu Aug 15, 2019 1:25 am
by Kierland
Red wants neoclassical economics (Reaganomics) and Blue wants Keynesian. NC is just jungle capitalism. Keynesian is a band aid for the wound the jungle gives you. Marx laid it all out.
Re: Looks like Softball Bat was on to something
Posted: Thu Aug 15, 2019 2:19 am
by FiatLux
Do you EVER stop bitching and crying... you bald fat fuck.
TRUMP !!!
Re: Looks like Softball Bat was on to something
Posted: Thu Aug 15, 2019 2:26 am
by Softball Bat
If Donald is taunting and insulting the Federal Reserve Jews out on Twitter -----> it is a very bad sign.
- Marcus
On January 1, 2018 the Dow was right where it is now, 20 months later.
So, yeah...
Re: Looks like Softball Bat was on to something
Posted: Thu Aug 15, 2019 3:48 am
by Shlomart Ben Yisrael
Papa Willie wrote: ↑Thu Aug 15, 2019 3:34 am
...Pillowhead...
Re: Looks like Softball Bat was on to something
Posted: Thu Aug 15, 2019 4:41 pm
by Imus
Kierland wrote: ↑Thu Aug 15, 2019 1:25 am
Red wants neoclassical economics (Reaganomics) and Blue wants Keynesian. NC is just jungle capitalism. Keynesian is a band aid for the wound the jungle gives you. Marx laid it all out.
Then comes . . . for the public good . . .
Re: Looks like Softball Bat was on to something
Posted: Thu Aug 15, 2019 5:14 pm
by Kierland
Marx not Stalin you hapless troll.
Re: Looks like Softball Bat was on to something
Posted: Thu Aug 15, 2019 5:18 pm
by Smackie Chan
Screw_Michigan wrote: ↑Thu Aug 15, 2019 12:48 amThe economy is collapsing
No, it isn't. One day of market bedshitting does not signal economic collapse, although a recession may not be far off. Until moron's recent ratcheting up of the trade war with China, the market had been doing fairly well, and if you're an R, you were probably quite proud of the Cheeto's handling of economic policy as judged by market indices. But we collectively seem to have a short memory.
As of Tue, the S&P 500 was up 29% since dickhead took office. Not bad, but not great compared to recent Presidents. During the same 645-day span at the beginning of Obama's presidency, the S&P was up 46%, and Clinton's was also 29%. Bush 41 even beat out the 4th-grader-in-chief with a 36% gain at the beginning of his term. The only recent Presidents to not do as well were Reagan (23%) and Dumbya (-26%).
I know, I know...you can't blame a Republican President for stock market performance when it's poor because of lagging indicators, effects of previous Democratic Presidents' actions & policies, and other factors out his control, even though the right is quick to give the comb-over credit when the market trends upward. Sorry, but you can't have it both ways.
Your boy has a lot of catching up to do if he wants to take credit for market performance during an 8-yr term. Clinton leads the way with a 210% increase (dot-com bubble certainly helped), Obama's term saw a 182% gain, and the market rose by 118% under Reagan. Even Bush 41 saw a 51% gain during his four years. The bursting of the dot-com bubble, among other things, contributed to Dumbya's -40% showing.
Go ahead and cry "FAKE NEWS" regarding the links below, but if you do, back it up with reliable contradicting sources.
Kierland wrote: ↑Thu Aug 15, 2019 5:14 pmMarx not Stalin you hapless troll.
Which one?
Why, this one, and his "commrade". All hail...
Re: Looks like Softball Bat was on to something
Posted: Fri Aug 16, 2019 4:03 am
by Mikey
Re: Looks like Softball Bat was on to something
Posted: Fri Aug 16, 2019 12:08 pm
by Screw_Michigan
Re: Looks like Softball Bat was on to something
Posted: Fri Aug 16, 2019 12:30 pm
by smackaholic
Screw_Michigan wrote: ↑Thu Aug 15, 2019 12:48 am
The economy is collapsing because your boy is a fucking moron. The oldest truth in the book, next to the sun rising in the east, is that Republicans destroy economies and Democrats fix them. That has been the playbook since Reagan and there will be no exception.
Hope it was worth it, you fucking clowns.
So, Ronnie inherited a healthy economy from Jimmuh?
Is that what you're saying?
Clinton inherited a recovering economy and rode the massive productivity gains provided by 'puters and the interwebs.
Bush Jr inherited the dot com bubble and it popped in his face.
Barry did inherit a shitshow, but his bumbling resulted in a decade long non-recovery. His number one bragging point regarding the economy was "the longest stretch of continuous growth".
This is technically true because economies in a continuous chokehold never see strong growth. And without a boom, it's unlikely to have a bust.
The economy has finally been allowed to breath a little, so we are having a bit of a boom. And given the Euros being in the dumpster and China doing what it can to make Trump a 1 termer, we probably will have a downturn. I just heard this morning that the German 10 year interest rate is MINUS .7%. The Euros are so fuct with runaway socialism and their Arab/African invasion. How exactly can a banking system function like that?
Will it be another stock market bust?
Who knows.
Re: Looks like Softball Bat was on to something
Posted: Fri Aug 16, 2019 1:18 pm
by Kierland
“Non recovery”
Nice lie you fucking echo chamber tard.
Re: Looks like Softball Bat was on to something
Posted: Fri Aug 16, 2019 2:34 pm
by Softball Bat
Nixon took the U.S. off the gold standard in the early '70's and it was obviously a huge kick in the nuts to Americans.
Written in 2011...
Today, Aug. 15, 2011, is the 40th anniversary of President Richard Nixon's colossal error: severing the final link between
the dollar and gold. No other single action by Nixon has had a more profound and deleterious effect on the American people.
In the end, breaking the solemn promise that a dollar was worth 1/35th of an ounce of gold doomed his Presidency, and
marked the beginning of the worst 40 years in American economic history....
U.S. created 500,000 fewer jobs since 2018 than previously reported, new figures show
The newly revised figures indicate the economy didn’t get a huge boost last year from President Trump’s tax cuts
and higher federal spending. They also signal the economy is a bit weaker than previously believed and could give
the Federal Reserve even greater reason to cut interest rates in September.
“This makes some sense, as the 223,000 average monthly increase in 2018 seemed too good to be true...
Nothing a few trillion more on the card won’t cure.
Sin,
Don the Con
Re: Looks like Softball Bat was on to something
Posted: Thu Aug 22, 2019 11:00 am
by Screw_Michigan
Kierland wrote: ↑Thu Aug 22, 2019 6:20 am
Nothing a few trillion more on the card won’t cure.
Sin,
Don the Con
The GOP is the party of small, limited government and limited spending and don't you FUCKING forget it.
Sincerely,
Duhron, BrokenPsyche, 88braincells.
Re: Looks like Softball Bat was on to something
Posted: Sun Aug 25, 2019 5:59 pm
by Left Seater
Never mind I continue to call for spending cuts while you want to increase spending.
Don’t let facts get in the way of your lies.
Re: Looks like Softball Bat was on to something
Posted: Sun Aug 25, 2019 7:23 pm
by Kierland
Have you ever voted for spending cuts or are you just a bloviating tard?
Re: Looks like Softball Bat was on to something
Posted: Wed Sep 11, 2019 1:12 pm
by Softball Bat
The Federal Reserve should get our interest rates down to ZERO, or less, and we should then start to
refinance our debt. INTEREST COST COULD BE BROUGHT WAY DOWN, while at the same time substantially
lengthening the term. We have the great currency, power, and balance sheet.....
- Donald
The sheer desperation.
0% interest rates?
Negative interest rates??
Conservatards actually still jock this assclown?
Re: Looks like Softball Bat was on to something
Posted: Wed Sep 11, 2019 2:18 pm
by Shlomart Ben Yisrael
Softball Bat wrote: ↑Wed Sep 11, 2019 1:12 pm
Conservatards actually still jock this assclown?
Conservatards didn't jock Trump. He was never their candidate.
Re: Looks like Softball Bat was on to something
Posted: Thu Sep 12, 2019 12:14 am
by Softball Bat
I'm waiting for our crew of "conservatives" on this board (who jock Donald endlessly) to be insulted by your post.
But being in deep confusion, perhaps they are not insulted by it.
They, like their hero, seem to be in serious mental decline.
Re: Looks like Softball Bat was on to something
Posted: Thu Sep 12, 2019 12:30 am
by Shlomart Ben Yisrael
Softball Bat wrote: ↑Thu Sep 12, 2019 12:14 am
I'm waiting for our crew of "conservatives" on this board (who jock Donald endlessly) to be insulted by your post.
You must have a different interpretation of history, but as I remembered it, they've always been quite open about "He was never our guy, but we'll grit our teeth and circle the wagons"...
If they vocalize any support for him, it's because screeching weirdos back them into a corner leaving no room for maneuver aside from some awkward reflexive defense. It's the cringiest display of "Gotcha!" T1B has seen in a long time. It's fucking embarrassing, tedious and indicative of the drop off in traffic here.
Re: Looks like Softball Bat was on to something
Posted: Thu Sep 12, 2019 12:51 am
by Softball Bat
Donald claims 2016 was a win for conservative values.
Marty wrote:If they vocalize any support for him, it's because screeching weirdos back them into a corner leaving no room for maneuver aside from some awkward reflexive defense.
They could simply do the right thing.
Disavow him.
Cut their losses.
Re: Looks like Softball Bat was on to something
Posted: Thu Sep 12, 2019 12:56 am
by Kierland
Shlomart Ben Yisrael wrote: ↑Thu Sep 12, 2019 12:30 am
If they vocalize any support for him, it's because screeching weirdos back them into a corner leaving no room for maneuver aside from some awkward reflexive defense.
Yes it’s Cheetolini’s critics who are to blame. You are one weird dude.
Re: Looks like Softball Bat was on to something
Posted: Thu Sep 12, 2019 1:20 am
by Softball Bat
Marty wrote:It's fucking embarrassing, tedious and indicative of the drop off in traffic here.
Barry was skewered by "conservatives" for 8 years on this board.
The board admins could set up a political forum and keep such discussion off the Cul de Smack, but that has never worked well in the past, imo,
Politics just bleeds over too much into general life discussion and then if an admin moves a thread someone ends up butthurt.
Don the buffoon is going to continue to be mocked in here so long as he is in office.
Marty wrote:It's fucking embarrassing, tedious and indicative of the drop off in traffic here.
Barry was skewered by "conservatives" for 8 years on this board.
The board admins could set up a political forum and keep such discussion off the Cul de Smack, but that has never worked well in the past, imo,
Politics just bleeds over too much into general life discussion and then if an admin moves a thread someone ends up butthurt.
Don the buffoon is going to continue to be mocked in here so long as he is in office.
It's just how it is.
I don't understand why this board still has 20 forums instead of just main forum. Only 10 regulars here plus another 10 who rotate in and out and we have 5x as many conversations spread out among the forums. This is why the "view new posts" option was great but no, we got rid of that. Just like how the GOP likes to kill off good things like health insurance, this board decided it didn't need a good function.
Re: Looks like Softball Bat was on to something
Posted: Thu Sep 12, 2019 1:33 am
by Softball Bat
SM wrote:I don't understand why this board still has 20 forums instead of just main forum.
Just like how the GOP likes to kill off good things like health insurance.
Bullshit. We also like to kill off bad things when possible and that is why we keep asking you, Softhead and the Midget to off yourselves in order to increase the readability of the board and maybe bring back some of the clones who ejected due to your incessant whimpering, bitching and constant shit slinging.
Re: Looks like Softball Bat was on to something
Posted: Thu Sep 12, 2019 2:56 am
by Kierland
Why don’t you just post on (tiny) stormtroopers.com if you only want to be soaked in right wing echo chamber bullshit you deformed circus freak?
Just like how the GOP likes to kill off good things like health insurance.
Bullshit. We also like to kill off bad things when possible and that is why we keep asking you, Softhead and the Midget to off yourselves in order to increase the readability of the board and maybe bring back some of the clones who ejected due to your incessant whimpering, bitching and constant pussy bleeding.
Just like how the GOP likes to kill off good things like health insurance.
Bullshit. We also like to kill off bad things when possible and that is why we keep asking you, Softhead and the Midget to off yourselves in order to increase the readability of the board and maybe bring back some of the clones who ejected due to your incessant whimpering, bitching and constant pussy bleeding.
Just like how the GOP likes to kill off good things like health insurance.
Bullshit. We also like to kill off bad things when possible and that is why we keep asking you, Softhead and the Midget to off yourselves in order to increase the readability of the board and maybe bring back some of the clones who ejected due to your incessant whimpering, bitching and constant pussy bleeding.
