Page 1 of 2 12 LastLast
Results 1 to 15 of 26

Thread: RECESSION: Stocks tumble as Trump recession looms large

  1. #1 | Top
    Join Date
    Aug 2018
    Posts
    24,892
    Thanks
    4,196
    Thanked 15,334 Times in 9,321 Posts
    Groans
    2
    Groaned 2,825 Times in 2,563 Posts
    Blog Entries
    6

    Default RECESSION: Stocks tumble as Trump recession looms large

    U.S. stocks tumbled at open Wednesday after the inverted yield curve, one of the most reliable indicators of a recession, sparked a new wave of investor fears, erasing the short-lived bump from Tuesday’s trade easing.

    For the first time since 2007, the yields on short-term U.S. bonds eclipsed those of long-term bonds. This phenomenon, which suggests investors’ faith in the economy is faltering, has preceded every recession in the last 50 years. Recessions typically come within 18 to 24 months after the yield curve inverts, according to research from Credit Suisse. “The 3-month Treasury bill to 10-year note curve has been inverted for weeks now and with the inversion of the 2-year to 10-year curve. The stars are aligned across the curve that the economy is headed for a big fall,” said Chris Rupkey, chief financial economist at MUFG Union Bank. “The yield curves are all crying timber that a recession is almost a reality, and investors are tripping over themselves to get out of the way.”

    The Dow Jones industrial average slumped nearly 400 points at open Wednesday, a day after it notched its best performance in two months. The Standard & Poor’s 500 index was down more than 1.4 percent and the tech-heavy Nasdaq was down more than 1.6 percent. Bank stocks slumped off the news. Bank of America and Citigroup saw their shares sink more than 3 percent and JP Morgan’s shares fell 2.6 percent. Gold, a safe-haven for investors, rose. And the influx of investors scrambling for safety pushed U.S. 30-year Treasury yields to their lowest level ever.

    Darkening skies overseas gave investors more to worry about. Germany announced Wednesday that its economy had shrunk, blaming the drop-off on the fallout from the U.S.-China trade war and the looming threat of a hard Brexit. The European Stoxx 600 benchmark was down nearly 6 percent in midday trading. China reported more signs of a weakening economy Wednesday, with high unemployment and lower production and investment markers, fanning the flames of fears about a broader global slowdown as the protracted trade conflict appears to be stalling some of the world’s most powerful economies.


    Read more: https://www.washingtonpost.com/busin...ning-surfaces/

  2. The Following 2 Users Say Thank You to reagansghost For This Post:

    evince (08-14-2019), Trumpet (08-14-2019)

  3. #2 | Top
    Join Date
    Apr 2019
    Posts
    30,591
    Thanks
    18,199
    Thanked 15,626 Times in 10,690 Posts
    Groans
    202
    Groaned 617 Times in 606 Posts
    Blog Entries
    1

    Default

    Germany's screwups are "Trump's Fault".... NOT ANGELA MERKEL's. Got it.
    TRUMP WILL TAKE FORTY STATES...UNLESS THE SAME IDIOTS WHO BROUGHT US THE 2020 DUNCE-O-CRAT IOWA CLUSTERFUCK CONTINUE THEIR SEDITIOUS ACTIVITIES...THEN HE WILL WIN EVEN MORE ..UNLESS THE RED CHINESE AND DNC COLLUDE, USE A PANDEMIC, AND THEN THE DEMOCRATS VIOLATE ARTICLE II OF THE CONSTITUTION, TO FACILLITATE MILLIONS OF ILLEGAL, UNVETTED, MAIL IN BALLOTS IN THE DARK OF NIGHT..


    De Oppresso Liber

  4. The Following User Says Thank You to Grokmaster For This Post:

    Cancel 2020.2 (08-14-2019)

  5. #3 | Top
    Join Date
    Dec 2016
    Posts
    26,550
    Thanks
    9,556
    Thanked 11,905 Times in 7,965 Posts
    Groans
    2,333
    Groaned 1,669 Times in 1,547 Posts

    Default

    Putin is getting what he paid Trump for.

    Best money he ever spent.
    https://i.postimg.cc/PqVCnGks/gojoe1.jpg
    C'MON MAN!!!!

  6. The Following User Groans At Nomad For This Awful Post:

    Cancel 2020.2 (08-14-2019)

  7. The Following 3 Users Say Thank You to Nomad For This Post:

    evince (08-14-2019), reagansghost (08-14-2019), Trumpet (08-14-2019)

  8. #4 | Top
    Join Date
    Aug 2018
    Posts
    24,892
    Thanks
    4,196
    Thanked 15,334 Times in 9,321 Posts
    Groans
    2
    Groaned 2,825 Times in 2,563 Posts
    Blog Entries
    6

    Default

    Quote Originally Posted by Nomad View Post
    Putin is getting what he paid Trump for.

    Best money he ever spent.
    they say he spent a few hundred grand to set-up that IRA in St Petersburg, wasn't even trying to get Trump elected, just trying to hurt Clinton because he hates her for past actions as Sec of State


    now the US politically on its knees, you're right, it's like he hit the lotto twice

  9. The Following User Groans At reagansghost For This Awful Post:

    Cancel 2020.2 (08-14-2019)

  10. The Following 2 Users Say Thank You to reagansghost For This Post:

    Nomad (08-14-2019), Trumpet (08-14-2019)

  11. #5 | Top
    Join Date
    Nov 2017
    Posts
    14,055
    Thanks
    2,436
    Thanked 8,812 Times in 6,202 Posts
    Groans
    568
    Groaned 493 Times in 469 Posts
    Blog Entries
    1

    Default

    Quote Originally Posted by Gammy's boy View Post
    RECESSION: Stocks tumble as Trump recession looms large. Please please please please please please please please please please please please please please please please please please please please please please please ORANGE MAN BAD please please please please please please please please please please please please.....
    That about sums it up. Nothing like wishing bad things on your own country.
    Every life matters

  12. The Following User Says Thank You to countryboy For This Post:

    Cancel 2020.2 (08-14-2019)

  13. #6 | Top
    Join Date
    Mar 2017
    Posts
    12,526
    Thanks
    2
    Thanked 8,341 Times in 5,714 Posts
    Groans
    0
    Groaned 374 Times in 355 Posts

    Default

    Quote Originally Posted by countryboy View Post
    That about sums it up. Nothing like wishing bad things on your own country.
    the left is rooting for failure, they break teir fingers in the haste to post these threads.

    "Oh look, the country is failing"
    It actually makes them feel good, which is precisely why not only will trump and his good economy win in 2020, but the house is coming back to red
    This just In::: Trump indicted for living in liberals heads and not paying RENT

    C̶N̶N̶ SNN.... Shithole News Network

    Trump Is Coming back to a White House Near you

  14. The Following User Groans At Getin the ring For This Awful Post:

    Nomad (08-14-2019)

  15. The Following User Says Thank You to Getin the ring For This Post:

    Cancel 2020.2 (08-14-2019)

  16. #7 | Top
    Join Date
    Jul 2006
    Posts
    183,528
    Thanks
    71,923
    Thanked 35,503 Times in 27,049 Posts
    Groans
    53
    Groaned 19,565 Times in 18,156 Posts
    Blog Entries
    16

    Default

    Quote Originally Posted by Grokmaster View Post
    Germany's screwups are "Trump's Fault".... NOT ANGELA MERKEL's. Got it.
    how did Germany tank the US dow asshole?

  17. The Following User Groans At evince For This Awful Post:

    Cancel 2020.2 (08-14-2019)

  18. The Following User Says Thank You to evince For This Post:

    Trumpet (08-14-2019)

  19. #8 | Top
    Join Date
    Jul 2006
    Posts
    183,528
    Thanks
    71,923
    Thanked 35,503 Times in 27,049 Posts
    Groans
    53
    Groaned 19,565 Times in 18,156 Posts
    Blog Entries
    16

    Default

    Quote Originally Posted by Getin the ring View Post
    the left is rooting for failure, they break teir fingers in the haste to post these threads.

    "Oh look, the country is failing"
    It actually makes them feel good, which is precisely why not only will trump and his good economy win in 2020, but the house is coming back to red
    reporting what is actually happening is not wishing you pile of skunk shit

  20. The Following User Groans At evince For This Awful Post:

    Cancel 2020.2 (08-14-2019)

  21. The Following User Says Thank You to evince For This Post:

    Trumpet (08-14-2019)

  22. #9 | Top
    Join Date
    Jul 2006
    Posts
    183,528
    Thanks
    71,923
    Thanked 35,503 Times in 27,049 Posts
    Groans
    53
    Groaned 19,565 Times in 18,156 Posts
    Blog Entries
    16

    Default

    Quote Originally Posted by countryboy View Post
    That about sums it up. Nothing like wishing bad things on your own country.

    reporting what is actually happening is not wishing you pile of skunk shit

  23. The Following User Groans At evince For This Awful Post:

    Cancel 2020.2 (08-14-2019)

  24. The Following User Says Thank You to evince For This Post:

    Trumpet (08-14-2019)

  25. #10 | Top
    Join Date
    Feb 2019
    Posts
    1,441
    Thanks
    1,915
    Thanked 784 Times in 512 Posts
    Groans
    0
    Groaned 179 Times in 168 Posts

    Default

    Quote Originally Posted by Getin the ring View Post
    the left is rooting for failure, they break teir fingers in the haste to post these threads.

    "Oh look, the country is failing"
    It actually makes them feel good, which is precisely why not only will trump and his good economy win in 2020, but the house is coming back to red
    The left doesn't have to root for failure, all they have to do is wait. Trump will produce the failure all on his own.



  26. The Following User Groans At John Barron For This Awful Post:

    Cancel 2020.2 (08-14-2019)

  27. The Following User Says Thank You to John Barron For This Post:

    Trumpet (08-14-2019)

  28. #11 | Top
    Join Date
    Nov 2017
    Posts
    14,055
    Thanks
    2,436
    Thanked 8,812 Times in 6,202 Posts
    Groans
    568
    Groaned 493 Times in 469 Posts
    Blog Entries
    1

    Default

    Quote Originally Posted by Getin the ring View Post
    the left is rooting for failure, they break teir fingers in the haste to post these threads.

    "Oh look, the country is failing"
    It actually makes them feel good, which is precisely why not only will trump and his good economy win in 2020, but the house is coming back to red
    Yep, they revel in these mass shootings too. Anything to advance the agenda.
    Every life matters

  29. The Following User Says Thank You to countryboy For This Post:

    Cancel 2020.2 (08-14-2019)

  30. #12 | Top
    Join Date
    Nov 2017
    Posts
    14,055
    Thanks
    2,436
    Thanked 8,812 Times in 6,202 Posts
    Groans
    568
    Groaned 493 Times in 469 Posts
    Blog Entries
    1

    Default

    Quote Originally Posted by evince View Post
    reporting what is actually happening is not wishing you pile of skunk shit
    How would you know crack whore?
    Every life matters

  31. #13 | Top
    Join Date
    May 2019
    Posts
    6,560
    Thanks
    40
    Thanked 2,936 Times in 2,054 Posts
    Groans
    852
    Groaned 948 Times in 862 Posts

    Default

    Quote Originally Posted by Grokmaster View Post
    Germany's screwups are "Trump's Fault".... NOT ANGELA MERKEL's. Got it.
    You do not get it. Brexit is impacting the EU.So are Trump's trade wars.

  32. The Following User Groans At Gonzomin For This Awful Post:

    Cancel 2020.2 (08-14-2019)

  33. The Following 2 Users Say Thank You to Gonzomin For This Post:

    evince (08-14-2019), Trumpet (08-14-2019)

  34. #14 | Top
    Join Date
    Jul 2019
    Posts
    28,403
    Thanks
    26,104
    Thanked 11,856 Times in 8,415 Posts
    Groans
    18
    Groaned 2,290 Times in 2,172 Posts
    Blog Entries
    1

    Default

    Trump is just too fucking stupid to understand that China can torpedo him, come election day.

  35. The Following User Groans At Trumpet For This Awful Post:

    Cancel 2020.2 (08-14-2019)

  36. The Following User Says Thank You to Trumpet For This Post:

    reagansghost (08-14-2019)

  37. #15 | Top
    Join Date
    Aug 2018
    Posts
    24,892
    Thanks
    4,196
    Thanked 15,334 Times in 9,321 Posts
    Groans
    2
    Groaned 2,825 Times in 2,563 Posts
    Blog Entries
    6

    Default

    Quote Originally Posted by Getin the ring View Post
    the left is rooting for failure, they break teir fingers in the haste to post these threads.

    "Oh look, the country is failing"
    It actually makes them feel good, which is precisely why not only will trump and his good economy win in 2020, but the house is coming back to red

    if a recession hurts Trumps chance to finish off the country, HELL YEAH I'd like to see a recession

    having a tumor removed hurts too but it sure beats the alternative

  38. The Following User Groans At reagansghost For This Awful Post:

    Cancel 2020.2 (08-14-2019)

  39. The Following User Says Thank You to reagansghost For This Post:

    Trumpet (08-14-2019)

Similar Threads

  1. Replies: 44
    Last Post: 06-17-2019, 02:41 PM
  2. Trump Recession to be even worse than Bush's Great Recession?
    By reagansghost in forum Current Events Forum
    Replies: 8
    Last Post: 03-01-2019, 04:30 PM
  3. trump Shows Worst Year for Stocks Since the Great Recession
    By katzgar in forum Current Events Forum
    Replies: 0
    Last Post: 12-31-2018, 05:14 PM
  4. Stocks tumble again in one of year's worst trading weeks
    By Bourbon in forum Current Events Forum
    Replies: 11
    Last Post: 12-21-2018, 03:22 PM
  5. APP - The Bush Recession... Much worse than the Carter Recession was!
    By Jarod in forum Above Plain Politics Forum
    Replies: 317
    Last Post: 09-02-2009, 08:21 AM

Bookmarks

Posting Rules

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •