Posted on 12/09/2023 4:02:13 PM PST by davikkm
When Gross Domestic Income (GDI) and Gross Domestic Product (GDP) part ways, it’s a red flag. Contrary to popular belief, Fed rate drops often precede stock plunges, signaling economic slowdown. A staggering 96% of Americans worry about the economy, per Intuit Credit Karma.
Unprecedentedly, less than 10% of companies boast strong Altman Z-scores, reflecting a concerning financial landscape. November’s Commercial Chapter 11 bankruptcies spiked 141% YoY to 842, per Epiq Bankruptcy. The 30-day z-score on the $spx indicates a bearish trend.
(Excerpt) Read more at citizenwatchreport.com ...
“96% of Americans concerned”
So even all the government employees safely ensconced in their sinecures are concerned?
Maybe they are concerned Trump will win and they will get sacked.
I’m riding the market until January. I think a minor crash hits them,market rebounds until mid Feb, and then major crash.
BidenDepression 2023 / Spring, 2024
Go Brandon said it’s teh bestest ecomony evah! 😀
He said he cut the daffysut by tree bajillion dollars and rolled back infellation by eleventy-three percent! 😄
He said so! 🤪
Many people have already just given up on their own future. If we go through another 2008 dip, I think an awful lot of people just won’t be able to handle it.
Just watch the 10 yr bond yield………key indicator
Very sad, to even think that/about that.
The whole system is made less stable by debt (personal and national).
“ The whole system is made less stable by debt (personal and national).”
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Hey! I’ve got an idea. Let’s give Ukraine more tens of billions of dollars with every penny coming from additional national debt. Hell… what could go wrong.
Do you have a math model to share?
Americans worried? Unpossible.
I just saw a kiss butt story on Yahoo that raved about Bidenomics, saying Biden had broght the economy back to pre-pandemic levels (I must have missed where we’ve gone back to 3% mortgage rates and .2% inflation).
BKMRK.
FedGov employees are getting a 5.2% raise in January. It’s that time of year where FedGov employees get rewarded for turning atmosphere O2 into CO2. It’s a hard job but out masters in the FedGov get their raise for being O2 scrubbers.
we're 70 and 71....I can not go back to do what I did...we exist on SS, husbands small af/guard pension, and a little pension from the pension guarenty board....
and if you take money out of your retirement, you get taxes heavily....
If I had to do it all over again, I would never save/invest so much in my retirement...would have paid the house off 15 yrs earlier and just invested on my own....
No, this market is so unpredictable it’s insane how strong it is. Eventually it will have to break. I’m guessing it goes to 38,000, then it crashes to 30,000 and retail buying kicks in, then a week or so back up to 32,000, then stressed bank failures crash it way back down. They run out of ‘prop up money.’
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