Having bombed with Mueller and impeachment, we now turn to our regularly scheduled cheerleading for a recession.
Put differently, the economy is seen as Trump’s strength. Therefore, we must get busy creating the reality that it is bad.
Here’s a real indication of a looming recession. Semi truck sales. The trucking industry is one of the very first hit with slowing sales.
Run Away! Run Away!
Here’s a real indication of a looming recession. Semi truck sales. The trucking industry is one of the very first hit with slowing sales.
Right now they are doing well.
Yep, it inverted a few months ago, that was one bad recession....
Not this crap again. Their hope for somehow triggering a recession never dies. But they keep trying.
Nothing happened the last time....................
Didn’t happen last time.
The 3-month vs. 10 year mean absolutely nothing about recessions. Neither does the 2-year vs. 10 year.
The ONLY yield curve that has ever predicted recessions remains the 1 year vs. 10 year CMT. It inverted last spring a few times, and very slightly.
Likely, a recession before the end of next year (2021), as I said almost a year ago. Probably a mild recession since the 1 vs 10 spread wasn’t very large.
Caveat: there is absolutely no reliable economic theory on why this should be so, but it’s never been wrong before. In any event, it need not interfere with the election this year.
Trump’s fault!
Democrats: YES! finally some good news.
Back in 2019, late summer or fall, this horrible event happened, and all the media was repeating “recession” hoping it would happen. It Didn’t! And so, the headline is full of cow pat when it says: “Historically, an indicator of looming recessiob” No it ain’t!
Oh, they really really want a recession!
I think they will invent one. Donald’s numbers won’t go up every month. That is normal. The best baseball players see their numbers go up and down. That is normal. They will sometimes not match their past performance.
The economic numbers don’t always go in the desired direction. What if the employment numbers go in the wrong direction for ONE month? You can sure that the media will go orgasmic over it. I noticed they haven’t been telling us the unemployment numbers, so they must be real good for Trump.
I hate the media.
That tears it, we can’t afford to support
illegals so stop their handouts
and keep their remittance $ in our economy too
Well, ‘Rooters’ may know finance and investing, but this lowly public school graduate knows the correct form of the word to use in this sentence.
Hard to you seriously when you don’t know your verbs from your adjectives...
It inverted a bunch of times in 2019. There’s no specific benchmark.
It’s where any Treasury note of shorter duration pays more interest than a longer note.
Recessions may be preceded by an inverted yield curve, but few inverted yield curves are followed by a recession.