Rump recession

This is an Admin / Moderator NO GO ZONE. You're on your own.

Moderator: Team

Post Reply
86_regal
Member
Member
Posts: 144
Joined: Tue Jan 06, 2015 12:02 pm

Re: Rump recession

Post by 86_regal » Thu Oct 11, 2018 11:52 am

mk e wrote:
Sat Jul 21, 2018 9:13 am
Since about February the talk of trade wars pushed stocks into correction territory where it remains in spite of the huge stimulus package Congress passed.

The side effect of the stimulus is inflation which is countered by short term interest rate hikes.....which has the US bond market approaching a rate inversions with short term 2 year rates just 0.25% below long term 10 year rates and the fed is saying expect another .5%to be added to short term rates making an inversion almost certain. If an inversion happens a recession almost certainly will follow.

The Rump effect has now gone global with bond inversions shaping up pretty much everywhere:

https://www.google.com/amp/s/www.bloomb ... treasuries

It turns out a US presidents words do matter....Buckle up.
Unfortunately... Yes, presidents words DO matter... BECAUSE we've tacitly exalted the executive to planery, monarchistic status and authority they DO NOT Constitutionally possess.

However, if anyone actually gave a shit about what the Constitution had to say about this, they'd know that stimulus/money regulation (f*cking joke), trade policy and taxation are ALL hashed out in Congress...

RevTheory
Guru
Guru
Posts: 4641
Joined: Thu Sep 04, 2014 6:45 am

Re: Rump recession

Post by RevTheory » Thu Oct 11, 2018 12:21 pm

It was ohbummer's economy last week. What happened? 8)

sanfordandson
Guru
Guru
Posts: 5683
Joined: Sat May 20, 2006 6:28 pm

Re: Rump recession

Post by sanfordandson » Thu Oct 11, 2018 12:24 pm

Looking like obummers economy and trumps are very similar.... :mrgreen:

User avatar
Ken0069
Guru
Guru
Posts: 4316
Joined: Sun Jun 05, 2005 10:25 am
Location: Historic Appomattox County, Va
Contact:

Re: Rump recession

Post by Ken0069 » Thu Oct 11, 2018 12:56 pm

The Dow closed at 19,827.25 on Inauguration Day, Jan. 20, 2017!

WHERE IS IT NOW LESS THAN LESS THAN 2 YEARS LATER? STILL WELL OVER 25,000!! :roll:
"Necessity is the plea for every infringement of human freedom. It is the argument of tyrants; it is the creed of slaves."
William Pitt, British Prime-Minister (1759-1806)


Big Boyz Toyz!

Global Warming Is a FRAUD!

mk e
Guru
Guru
Posts: 4800
Joined: Mon Sep 17, 2012 3:19 pm
Location: Elverson, PA

Re: Rump recession

Post by mk e » Thu Oct 11, 2018 1:16 pm

RevTheory wrote:
Thu Oct 11, 2018 12:21 pm
It was ohbummer's economy last week. What happened? 8)
It's just the economy. Oblahblah did little to nothing to cause the growth during his time in office, yet it grew as it always does after a downturn. Rump has thrown a lot of stimulus at it which to be fair probably postponed a swing down by a year or 2.....but its coming as it always does but will probably make the downturn worse once it arrives because the stimulus money he spent was borrowed so getti g more when its truly needed will be harder.

A bond inversion generally means the countdown has begun, but if the time is as little as 6 months or as much as 18 months we don't know. The stock drop yesterday may or may not mean anything at all....if the market trends down for 4-8 weeks that might mean something, a drop 1 day or 1 week not so much.
Mark
Mechanical Engineer

fdicrasto
Expert
Expert
Posts: 707
Joined: Wed Sep 26, 2012 3:44 pm

Re: Rump recession

Post by fdicrasto » Thu Oct 11, 2018 1:20 pm

Wow, m ke has me in a panic, its time to SELL,SELL,SELL.

Firedome8
Guru
Guru
Posts: 3487
Joined: Wed Sep 21, 2016 6:16 pm

Re: Rump recession

Post by Firedome8 » Thu Oct 11, 2018 1:47 pm

RevTheory wrote:
Thu Oct 11, 2018 12:21 pm
It was ohbummer's economy last week. What happened? 8)
Dump fuc$=d it up.

1989TransAm
Guru
Guru
Posts: 8771
Joined: Thu Feb 15, 2007 8:43 pm
Location: Cypress, California

Re: Rump recession

Post by 1989TransAm » Thu Oct 11, 2018 2:02 pm

Firedome8 wrote:
Thu Oct 11, 2018 1:47 pm
RevTheory wrote:
Thu Oct 11, 2018 12:21 pm
It was ohbummer's economy last week. What happened? 8)
Dump fuc$=d it up.
So GDP at 4.2% and unemployment at record lows is a screw up? I don't think so. Like I said yesterday Obama would not know his a$$ from a hole in the ground.

mk e
Guru
Guru
Posts: 4800
Joined: Mon Sep 17, 2012 3:19 pm
Location: Elverson, PA

Re: Rump recession

Post by mk e » Thu Oct 11, 2018 7:12 pm

Yes, it was a HUGE mistake to drop trillions in stimulus dollars into a growing economy.

Another really bad day in the stock market...hopefully not a trend.
Mark
Mechanical Engineer

RevTheory
Guru
Guru
Posts: 4641
Joined: Thu Sep 04, 2014 6:45 am

Re: Rump recession

Post by RevTheory » Thu Oct 11, 2018 7:23 pm

1989TransAm wrote:
Thu Oct 11, 2018 2:02 pm
So GDP at 4.2% and unemployment at record lows is a screw up? I don't think so. Like I said yesterday Obama would not know his a$$ from a hole in the ground.
ohbummer stalled America's recovery by roughly 8 years. I think some of the lemmings back here must have lived under a rock their whole lives and this is the first time they've ever seen the FED raise the interest rates to keep inflation in check during a booming economy.

At least I hope they've lived under a rock because otherwise, they're being dishonest because they don't like the fact that President Trump is doing exactly what he said he would do, how he would do it and it's working.

ohbummer couldn't even fathom economic success at such a rapid pace much less actually initiate it.

mk e
Guru
Guru
Posts: 4800
Joined: Mon Sep 17, 2012 3:19 pm
Location: Elverson, PA

Re: Rump recession

Post by mk e » Thu Oct 11, 2018 8:22 pm

RevTheory wrote:
Thu Oct 11, 2018 7:23 pm

ohbummer stalled America's recovery by roughly 8 years.
The number employment and stockholders might disagree with that thought....both have slowed in the past 2 years. Not to say oblahblah caused the growth or Rump caused the slowing.....but Rump's actions will make the coming downturn worse, running up debt in good times instead of paying it down is a pretty bad idea
Mark
Mechanical Engineer

gmrocket
Guru
Guru
Posts: 1889
Joined: Wed Nov 12, 2008 6:40 pm
Location: Grimsby Ontario

Re: Rump recession

Post by gmrocket » Fri Oct 12, 2018 8:39 am

Firedome8 wrote:
Thu Oct 11, 2018 1:47 pm
RevTheory wrote:
Thu Oct 11, 2018 12:21 pm
It was ohbummer's economy last week. What happened? 8)
Dump fuc$=d it up.
Whatever suits your agenda..

gmrocket
Guru
Guru
Posts: 1889
Joined: Wed Nov 12, 2008 6:40 pm
Location: Grimsby Ontario

Re: Rump recession

Post by gmrocket » Fri Oct 12, 2018 8:42 am

mk e wrote:
Thu Oct 11, 2018 7:12 pm
Yes, it was a HUGE mistake to drop trillions in stimulus dollars into a growing economy.

Another really bad day in the stock market...hopefully not a trend.
I think you should get out now, guarantee yourself a loss.. then when it's up again, get in at the top.

That'll give you some more bytching and complaining material

rebelrouser
Pro
Pro
Posts: 303
Joined: Tue Sep 15, 2015 2:25 pm

Re: Rump recession

Post by rebelrouser » Fri Oct 12, 2018 9:00 am

RevTheory wrote:
Thu Oct 11, 2018 7:23 pm
1989TransAm wrote:
Thu Oct 11, 2018 2:02 pm
So GDP at 4.2% and unemployment at record lows is a screw up? I don't think so. Like I said yesterday Obama would not know his a$$ from a hole in the ground.
ohbummer stalled America's recovery by roughly 8 years. I think some of the lemmings back here must have lived under a rock their whole lives and this is the first time they've ever seen the FED raise the interest rates to keep inflation in check during a booming economy.

At least I hope they've lived under a rock because otherwise, they're being dishonest because they don't like the fact that President Trump is doing exactly what he said he would do, how he would do it and it's working.

ohbummer couldn't even fathom economic success at such a rapid pace much less actually initiate it.
Mitch McConnell, stone walled everything Obama tried to do, Republicans as soon as Democrats lost the majority, publically stated we will make sure Obama is a one term president and they blocked every piece of legislation he tried to put through the congress. So lets not put everything at Obamas fault.

mk e
Guru
Guru
Posts: 4800
Joined: Mon Sep 17, 2012 3:19 pm
Location: Elverson, PA

Re: Rump recession

Post by mk e » Fri Oct 12, 2018 10:22 am

gmrocket wrote:
Fri Oct 12, 2018 8:42 am

I think you should get out now, guarantee yourself a loss.. then when it's up again, get in at the top.

That'll give you some more bytching and complaining material
Already moved to short term bonds....I'll move back to stocks in a year or so once I understand where the correction is headed.
Mark
Mechanical Engineer

Post Reply