[generally]

Huge stock drop today. “Banks Hammered”.

There are many who have said that one of the main goals of Trump/Q is the Central Banks, or the Fed, etc. Sorry, economics isn’t my strong suit. But perhaps this is evidence of that part of the plan coming into play. Or the DS trying to counter? I’m not savvy enough to have an opinion on which side benefits from this.

Any knowledgeable FReeQs who can enlighten us on this?

[SaxxonWoods]

Don't think so. Volatility was predicted recently and that's what we are getting. Today we had a confluence of inversion of the bond yield curve and Hong Kong just keeps getting worse. Also, we have the highest interest rates in the world, which forces some capital away from the USA. The Bond Market is pointing out that our rates are too high. China's economy is being hurt badly by Trump and companies are fleeing.

The inversion is a recession indicator, though that doesn't mean one will hit right away. However, stock market looks 6-9 months ahead and reacts accordingly. The market also reacts daily and that's what we've been seeing. Until the market digests all of this, volatility is likely.

45 year investor here but I'm not an expert. I just read the experts, who are always in disagreement anyway.

[thingumbob]

Been wondering all day if this is Trump trying to force the FED to drop the interest rates....(just my opinion).

...course it could be option number 2: which is the libtard minions trying to tank the economy so the democrats can get elected in 2020.

[Bob Ireland]

***perhaps this is evidence of that part of the plan coming into play. Or the DS trying to counter?***

It centers on the inverted yield curve - long term treasury bond rates being lower than the short term rates. That is considered to be a classic sign of a looming recession in a free market capitalist economy.

There are a number of arguments against the rule holding true in the current economic situation, and there are arguments in favor of the usual. The point I would offer for your consideration is that the predicted timing for the beginning of this recession is the summer of 2020!

Now let's see... what will be the hot news item in the Autumn of 2020? Why looky here: it will be the final stretch of the presidential campaign! Well shet mah mouf!