Posted on 09/27/2019 4:22:21 AM PDT by knighthawk
Commerce Secretary Wilbur Ross says liberal news organizations are ratcheting up recession fears in an effort to derail President Trump’s 2020 reelection bid.
“A lot of the left-wing media are trying very desperately to encourage consumers to trigger a recession,” Ross told “WSJ at Large with Gerry Baker.” “I think they realize that's probably the only way they can hope to beat President Trump in 2020.”
In mid-August, a widely followed recession indicator flashed a warning. The spread between the U.S. 2-year and 10-year yields turned negative for the first time since 2007, indicating bond buyers are more worried about the economy in the here and now than the distant future, which is ordinarily more worrisome because it's difficult to predict.
(Excerpt) Read more at foxbusiness.com ...
Worried about the economy *now*?
The Chinese economy, yes. The Eurozone (negative interest rates), yes.
ALL the smart money is coming back to the US.
Blame Paul Ryno for not taking advantage of the first two years of Trump's Presidency to re-seat us on a sound footing.
And for throwing his married-to-a-lib-woman hissy fit of throwing Congress to the Dems.
The number they are talking about went below zero about twice in one week. This morning the number is 0.04 has been up since then.
Then historically they say that whenever this number goes below zero about 18 months later the recession appears.
Sounds like predicting an additional 6 weeks of winter weather if a groundhog in Pennsylvania sees his shadow on one day in February.
Is this the same media that accused W of trying to “talk down the economy” during the 2000 election? They must think they have some serious privilege over the rest of us!
Well-it worked for them in 2008
” Blame Paul Ryno for not taking advantage of the first two years of Trump’s Presidency to re-seat us on a sound footing.
And for throwing his married-to-a-lib-woman hissy fit of throwing Congress to the Dems.”
Yes. Boehner was in the back pocket of the Chamber of Corruption. Ryan in some ways was worse—a Romneyesque, globalist, open-borders sell-out. He stood for nothing other than favors for big funders and bottling up a conservative agenda.
Married to a lib woman from Madill, Oklahoma and related to the Boren gang.
Little paul is a douche bag.
the short - long bond inversion of summer was a trial balloon to see if they could crash the economy again or at least the markets since some say the economy is not the markets which I don’t subscribe to. Anyway, they gave it a run in the summer and it worked too well and too fast so they have their answer. They will do it again next summer. Talk it up and proclaim gloom through out the land and voila! Trump is crippled. Just like 2008 and the Libya clamor of 2012.
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