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There's a 70% Chance Of Recession In The Next Six Months, New Study From MIT And State Street finds
CNBC ^
| 02/05/20
| Pippa Stevens
Posted on 02/16/2020 6:52:19 AM PST by Enlightened1
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Remember June of 2008 we were hearing how strong the economy was, and then around August of 2008 the market crashed right before the election? That helped Obama get elected.
The housing bubble and the derivatives were blamed for it. I am not saying this had was not the cause of the liquidity crisis. Although I cannot help and wonder if the Fed helped tip it?
I am very concerned this could happen around July, August, September time period to blame President Trump who has kept us out of recession. We are currently in the longest sustained Bull market (10 plus years) without a recession or depression. We average a Recession every 6 years. Which is healthy. You cannot go straight up forever. Usually too when you go straight up, then you eventually come straight down.
The DNC, the Deep State, the Globalists and China all want President Trump to lose. I would not be surprise if the Fed tries to tip the election in their favor by sabotaging the economy right before the 2020 Presidential Election.
To: Enlightened1
Remember, these are scientists. [Snicker]
2
posted on
02/16/2020 6:53:41 AM PST
by
Mr Ramsbotham
("God is a spirit, and man His means of walking on the earth.")
To: Enlightened1
Democrats talking down the economy. That they need a recession to win says a lot about them than it does about Trump.
3
posted on
02/16/2020 6:54:35 AM PST
by
goldstategop
(In Memory Of A Dearly Beloved Friend Who Lives In My Heart Forever)
To: Enlightened1
The coronavirus disrupting factories in China is a major problem. Trump should just lean into it and push to onshore supply chains in the name of national security.
4
posted on
02/16/2020 6:55:27 AM PST
by
Shadow44
To: Enlightened1
Are these guys selling everything then?
5
posted on
02/16/2020 6:55:31 AM PST
by
Brilliant
To: Enlightened1
... there's a 70% chance that a recession will occur in the next six months.
Haven't I read this every six months since President Trump was elected?
Gheeze, don't the haters ever stop?
6
posted on
02/16/2020 6:56:24 AM PST
by
oh8eleven
(RVN '67-'68)
To: Enlightened1
More than a week ago I posted my view the Trump must get out in front of this virus because a failing economy is the only thing that can deny him reelection. The Democrats will try to hang the coronavirus on Trump as his Hurricane Katrina.
7
posted on
02/16/2020 6:57:15 AM PST
by
nathanbedford
(attack, repeat, attack! Bull Halsey)
To: Enlightened1
8
posted on
02/16/2020 6:57:32 AM PST
by
Leep
(Everyday is Trump Day!)
To: Brilliant
Wishful thinking on the part of MIT and NBC.
They’re really grasping for any straw that would prevent four more years of the current White House.
9
posted on
02/16/2020 6:57:33 AM PST
by
BrexitBen
To: Enlightened1
I am shocked that they didnt include counting the hairs on Caterpillars..
10
posted on
02/16/2020 6:57:50 AM PST
by
Redleg Duke
(We live on a tax farm as free-range humans!)
To: Enlightened1
Agreed on all points. Well said.
The Liberal Globalists have tried everything else, and failed miserably. Their last chance is to tank the economy and the stock market, and they have many powerful tools available to do just that.
They would sooner turn us into Venezuela than to have Trump re-elected.
11
posted on
02/16/2020 6:58:40 AM PST
by
Eccl 10:2
(Prov 3:5 --- "Trust in the Lord with all your heart and lean not on your own understanding" don't)
To: Mr Ramsbotham
Just like how predicted that prosperity was “just around the corner” during the 0bama years....
12
posted on
02/16/2020 6:58:46 AM PST
by
jeffc
(The U.S. media are our enemy)
To: Enlightened1
"The Mahalanobis distance was originally conceived to measure the statistical similarity of the values of a set of dimensions for a given skull to the average values of those dimensions for a chosen group of skulls," Phrenologists predicting the economy? Yeah, that works.
To: nathanbedford
14
posted on
02/16/2020 6:59:01 AM PST
by
silverleaf
(Remember kids: You can vote your way into communism, but you have to shoot your way out!)
To: Mr Ramsbotham
To: Enlightened1
Wow. That’s exactly before the election. I see no bias here.
16
posted on
02/16/2020 6:59:41 AM PST
by
max americana
(Fired ONE libtard at work at every election since 2008 because I enjoy them crying)
To: Enlightened1
I’ll be 100% in the 30% camp.
To: Enlightened1
More like some “scientists” trying to come up with a scenario to give them the results they so desperately need and then claiming it is likely...the resiliency during the current coronavirus deal should tell us something.
18
posted on
02/16/2020 7:00:52 AM PST
by
trebb
(Don't howl about illegal leeches, or Trump in general, while not donating to FR - it's hypocritical.)
To: Enlightened1
No one was saying the economy was strong in June 2008. Remember Bear Sterns bailout. S&P was down 15-20% from its highs less than a year ago in March 2008. People were in denial still a recession was likely, though, in early 2008.
The only reason we'll have a recession in the next 6 months would be this coronavirus crashing the Asian economies and spreading over here.
19
posted on
02/16/2020 7:01:29 AM PST
by
rb22982
To: Enlightened1
Phrenology as an economic tool? They really are desperate to damage the President, aren’t they?
20
posted on
02/16/2020 7:01:33 AM PST
by
Don W
(When blacks riot, neighbourhoods and cities burn. When whites riot, nations and continents burn.)
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