Posted on 10/10/2016 12:56:12 PM PDT by MarchonDC09122009
Edited on 10/10/2016 1:16:43 PM PDT by Admin Moderator. [history]
Bank of America has a recession warning that's downright 'scary'
There's a chilling trend in the market, and it could wreak havoc on your portfolio, a top market watcher said.
"We are seven years into a full-fledged, all out, central bankers doing everything they can to stimulate demand," Bank of America-Merrill Lynch's head of U.S. equity and quantitative strategy Savita Subramanian recently warned on CNBC's " Fast Money ."
(Excerpt) Read more at yahoo.com ...
From Bank of America analyst reported by, CNBC and Yahoo:
"Health care has taken it on the chin because of Hillary [Clinton] risk and fears that the M&A cycle is over," she said, referencing the 2016 elections. Some sector analysts perceive Democratic nominee Hillary Clinton as a risk to the sector, mainly because of her stances on drug companies and health care."
we extrapolated that if they follow the current trends they’re on, we’re going to hit a recession sometime in the second half of next year.”
Never ever believe Establishment Elite members. Follow their money.
“Never ever believe Establishment Elite members. Follow their money.”
For sure.
But how can one do that in a timely manner, that is, in time to have their money follow the money? I know there are reporting requirements, but even those come out well after their money is moved from point A to point B.
Any ideas?
I should take my money out for a little while. All the big drops seem to happen in October. It makes me nervous.
“central bankers doing everything they can to stimulate demand,”
Demand for what?
Individuals are about as far in debt as they can be.
Taxes and gov’t-run healthcare chew up half of incomes.
What stimulus is expected when people aren’t allowed to do what they want with what little they have?
I’m inclined to think that all will suffer in this Nation, for their Stupidity in putting the Obama’s into the White House for 2 terms.
Finance is not something the current administration knows anything about , and it shows.
Smart money is moving off shore, and when (not,,-if) the bottom falls out..............when it gives....get out of the way because there is no bottom or Safety Net this time. We will all be long.............gone, to ever see it come back.
Obama has been a complete disaster for the USA. Nobody rides for free. Enjoy the show, because you’ve paid a steep price for being foolish America, -it will be here, (in my opinion) ...soon!.
Obama and Hillary’s economy is about ready to crash.
“Health care has taken it on the chin because of Hillary [Clinton] risk and fears that the M&A cycle is over,” she said, referencing the 2016 elections. Some sector analysts perceive Democratic nominee Hillary Clinton as a risk to the sector, mainly because of her stances on drug companies and health care.”
...
What’s the problem? All they have to do is pay her off.
Maybe not.
It has been shown that Hillary can be bought.
That’s out of date. When the Kenyan leaves the White Hut our grandchildren’s children will be saddled with $20 TRILLION in debt. The won’t be able to pay for all the debt both criminal parties have rung up buying votes on the national credit card.
Relax. Their Chinese overlords will spread the debt over your grandchildren's children's lifetimes while they slave away in Chinese factories. They'll be employed!
A picture does speak a thousand words, ‘specially showing how reckless Obola, banksters and Wall Street have driven our Nat’l debt to stratospheric heights enabled by QE printing press fiat money, ie: $19.6 TRILLION.
Yet 95 Million working age citizens are unemployed (36% of the working age population, highest since WWII) IIRC.
The government has been hOlding up the markets via QE, now we pay the fiddler
Currently the economy lives for
#1 IRS complexities
#2 Govt regulations
#3 FED Policy
#4 subsidies
If Hillary wins, the status quo will collapse into another 2008. Will it collapse in Dec? in Mar? Jun? Who knows.
If Trump wins and immediately, unilaterally reduces regulations then resources will shift to productive areas.
Companies that can’t adapt will lose. New companies will quickly emerge.
If Trump wins, how fast can he negotiate with congress a simple tax system? That will determine which industries get long term investments.
How fast can he negotiate the repatriation of overseas money to return home (to the inner cities).
How fast can he impact the FED? etc.
If Trump wins, some will panic and sell. Prices of stock, choice real estate, etc will go down. Smart people will buy low and then sell high...and be accused of exploiting the fears of those who sold when they should have held.
Well stated analysis and summary!
RE: “Currently the economy lives for
#1 IRS complexities
#2 Govt regulations
#3 FED Policy
#4 subsidies
If Hillary wins, the status quo will collapse into another 2008. Will it collapse in Dec? in Mar? Jun? Who knows.
If Trump wins and immediately, unilaterally reduces regulations then resources will shift to productive areas.
Companies that can’t adapt will lose. New companies will quickly emerge.
If Trump wins, how fast can he negotiate with congress a simple tax system? That will determine which industries get long term investments.
How fast can he negotiate the repatriation of overseas money to return home (to the inner cities).
How fast can he impact the FED? etc.
If Trump wins, some will panic and sell. Prices of stock, choice real estate, etc will go down. Smart people will buy low and then sell high...and be accused of exploiting the fears of those who sold when they should have held.”
We’ve never gotten out of the last recession. Cooked govt. figures and 0% interest rates on savings haven’t helped, and only punished working people trying to save. At what point does a recession become a depression? When the govt. admits it?
that is not the problem.
the problem is that demand is drying up.
there is too much everything.
cars last longer.
the housing boom, in most areas, is history.
there is too much empty commercial real estate.
automation is taking jobs.
interest rates are zero, because we don’t need anything.
actions by the Federal Reserve System don’t affect anything,
because interest rates are zero.
When the Fed loans money to the banks,
the banks deposit that money at the Fed. nothing changes.
same in Europe.
the Republican party needs to face reality.
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