On the local news this morning, one of the stories was that “the economy is slowing down, and we’re headed into recession, but Trump calls this fake news”.
Engineered economic crisis, probably fake. I remember the last “mysterious” bank run. It put obama in office.
The puppeteers who run our economy do not profit quite so when mr. mrs everday America are doing better.
Our fed, whomever they are, continue their stranglehold on our free lives.
I thought the stock market was for the rich. Wouldn’t this all mean the Dems are for the rich.
There’s always more to it. One thing that can cause an inversion is demand for US government securities. And that is happening. Here’s an article that covers it. Ut’s two years old but like they predicted it did get worse. And it can drive an inversion.
One reason it’s getting worse is the central bank negative rates in many countries.
Pos. Country August 6, 2019 10-yr yield
1 Switzerland -0.92%
2 Germany -0.53%
3 Denmark -0.49%
4 Netherlands -0.43%
5 Austria -0.30%
6 France -0.27%
7 Finland -0.27%
8 Sweden -0.21%
9 Belgium -0.20%
10 Japan -0.18%
11 Slovakia -0.14%
The US is 30th at 1.73%. Zambia is at 31% but that is because no one wants to buy them.
Todays Democratic Government policies do not produce wealth. Democratic Government policies confiscate wealth.
Democratic Government confiscates, my wealth? I stop producing wealth for Democratic Government to confiscate. Democratic Government makes laws to make me produce. Democratic Government becomes the Soviet Union, China, Venezuela.
Pretty interesting to be having this conversation here and then watch Trump at the press scrum a couple days ago talk about the yield curve, the foreign demand for our bonds, recession etc.
https://www.youtube.com/watch?v=BfUvZJLIqhk
Every Trump voter should be watching every video on the White House youtube channel. It’s way better than articles like the OP speculating about recession based on a microscopic picture.
One lady on twitter asked an interesting question last week Wednesday. The talking heads were saying “every recession has been proceeded by a yield curve inversion.” Her question was; was every yield curve inversion followed by a recession?”
There wasn’t any answer. What isn’t talked about is about as important, maybe more important, than what is talked about.