Was frozen concentrated orange juice involved?
Posted on 08/14/2019 10:13:59 AM PDT by SeekAndFind
US stocks plummeted on Wednesday after the spread between two- and 10-year Treasury yields fell below zero for the first time since 2007, igniting fears of an economic slowdown.
The occurrence is also referred to as "an inversion of the yield curve," and it's happened before each of the last seven recessions. The inversion has been coming for some time now, as the spread has been shrinking over the last several months.
Meanwhile, the yield on 30-year Treasurys also fell to a new low, piling onto concerns of a recession.
Here's a look at the major indexes as of the 12:13 p.m. EST on Wednesday:
Worrisome data from Germany and China, two of the world's largest economies, spurred the bond rally as investors fled to the relative safety of haven investments like long-term treasuries.
(Excerpt) Read more at markets.businessinsider.com ...
Sounds like this is being done on purpose.
China’s industrial output growth shrunk to a 17-year low in July and fell short of analysts expectations. Retail sales and capital spending for July also came in below forecasts, indicating a broad-based slowdown in China’s economy.
Germany’s economy contracted by 0.1% in the second quarter as exports slumped amid the trade war between the US and China.
RE: Sounds like this is being done on purpose.
On Purpose by who? Who has such power to cause this huge sell-off?
Rush says don’t participate.
Same people who caused it in 2008.
Trying to talk the economy into a recession??? Perfect for the RATS agenda and surely not beneath them....nothing is.
Expect anything.
No pain, no gain.
who were they?
The media and their government cohorts.
“Rush says don’t participate.”
Just repeat that mantra daily and you won’t get laid off during a recession. /s
Was frozen concentrated orange juice involved?
The media and their government cohorts.
You know, the ones who want Trump defeated and those who voted for him destroyed.
Those guys.
The private cartel of banks who control the money supply and set interest rates, i.e., the Federal Reserve.
Rush is correct. In a balanced portfolio there should be no need to panic sell. The secret is to re-balance periodically, reinvest all distributions and sit tight.
Any cash needed in the next 5-7 yrs should never be in the market. Cash on hand should always equal at a minimum 6 months of current expenses. Personally I keep enough cash to carry me for several years but that is not that great an amount since my wife and I both collect SS and have almost no debt.
I thought FBN’s Dagen McDowell was going to have an on air orgasm over this.
I gave up FNC’s F&F, and now, I see that mornings without Maria are no bargin.
the President is waging a economic war with China that we can win now rather than waiting for China to become the dominant military power that will win a hot war against us later.
Trump has the economy on his side, his biggest achievement and the libs would love to see it dump. No doubt .
Bubbles collapse. 2008 was the result of a massive mortgage bubble that some of us here at FR had recognized and were warning about for maybe as long as two years.
You mean an ample buying opportunity for one Warren Buffett.
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