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To: generally
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.

1,543 posted on 08/14/2019 3:21:33 PM PDT by SaxxonWoods (The internet has driven the world mad.)
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To: SaxxonWoods

let’s keep our eyes on foreign interference and bad guy money players trying to jump start Bill Maher’s ‘recession will knock off Trump”.


1,629 posted on 08/14/2019 6:51:52 PM PDT by bitt (Age wrinkles the body. Quitting wrinkles the soul - Douglas MacArthur)
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