Here Comes the Recession

[MontyPython]

The economic expansion may be coming to an end, if the bond market tea leaves are correct. Last summer, For the first time since the financial crisis, the benchmark 10-year Treasury yield fell below the two-year yield, a pricing anomaly known as a “yield curve inversion”. Only once since 1950 has the yield difference become negative and a recession has NOT shortly ensued.

Obviously, the economy is really the only thing propping up Trump for potential re-election this Fall. If the economic dominoes tumble, buh bye.

If it's gonna happen, hopefully it will be short and not too severe. It's been a huge positive run since the crash of 2008/9.

 

[37L1]

Hoping for bad news, Libs of 2020.

 

[Matt2496]

So you want countless people to lose their jobs and homes, all because you want Trump out of office?

What a scumbag.

 

[0nelilreb]

So your thinking is that the economy is the only thing propping Trumps re-election up , and if it happens before the election the country will vote for a progressive that will then raise taxes to implement and pay for their promised policies ? Have we thought this through ?

 

[NorthDallas40]

LMAO. The left’s response to our country’s present economic successes.

 

[W.TN.Orange Blood]

The Most important word here to the wacky loony libs is "IF". If this happens......If this happens....etc....

Wishing and hoping and praying...........that crap is not working anymore now is it.

 

[lawgator1]

So you want countless people to lose their jobs and homes, all because you want Trump out of office?

What a scumbag.

You expect an economic expansion based on artificial mechanisms and that has benefited the wealthiest by a factor of 5 to 1 over everyone else to continue forever?

What an idiot.

 

[Orange_Crush]

So betting on the Democrats is hoping against America.

 

[MontyPython]

So you want countless people to lose their jobs and homes, all because you want Trump out of office?

What a scumbag.

 

[37L1]

Curious. Do aliens follow your car, too?

You mean that you think they are following yours?

Your sentence structure seems to say that.

 

[W.TN.Orange Blood]

You expect an economic expansion based on artificial mechanisms and that has benefited the wealthiest by a factor of 5 to 1 over everyone else to continue forever?

What an idiot.

I've heard people in the know saying that this will be the best ever year for economic explosion & more growth.
So be happy that you'll have a good chance to roll around in your money like that ole Scrooge McDuck does.

 

[Tennesseefan2019]

 

[Matt2496]

You expect an economic expansion based on artificial mechanisms and that has benefited the wealthiest by a factor of 5 to 1 over everyone else to continue forever?

You guys are hoping for a recession so that Trump loses 2020. It is really sad and pathetic.

 

[InVOLuntary]

You want to kill the economy? Elect any of these democrats running.

 

[0nelilreb]

You want to kill the economy? Elect any of these democrats running.

That’s what I truly don’t understand . “ If “ we are that close to a reset or recession as they claim , election those candidates from the progressive left will surely trigger it and will be ripe in 4 years to lose the Oval Office again to an Rs promising tax breaks . You essentially they are voting for a recession while your party holds the Oval .

 

[DC_Vol]

The economic expansion may be coming to an end, if the bond market tea leaves are correct. Last summer, For the first time since the financial crisis, the benchmark 10-year Treasury yield fell below the two-year yield, a pricing anomaly known as a “yield curve inversion”. Only once since 1950 has the yield difference become negative and a recession has NOT shortly ensued.

Obviously, the economy is really the only thing propping up Trump for potential re-election this Fall. If the economic dominoes tumble, buh bye.

If it's gonna happen, hopefully it will be short and not too severe. It's been a huge positive run since the crash of 2008/9.

View attachment 262180

Are these readings pre or post Coronavirus crisis?

Most of China is still shutdown. Even though some plants are back to work, there’s no supply chain to move goods at port. This will reverberate through the economy for at least half a year.

 

[InVOLuntary]

That’s what I truly don’t understand . “ If “ we are that close to a reset or recession as they claim , election those candidates from the progressive left will surely trigger it and will be ripe in 4 years to lose the Oval Office again to an Rs promising tax breaks . You essentially they are voting for a recession while your party holds the Oval .

If Trump is polling bad this summer the markets will take a hit.

 

[davethevol]

It will happen at some point, and when it does it will be bad. After the last one they were supposed to stop lending to people that were risky, and they're still doing it. Look at the auto loan stuff. Now you can get a 7 year auto loan. People are taking out loans on $60,000 trucks.

 

[utvolpj]

Saying it's going to happen is not the same as hoping it happens. No one I've seen and take seriously is actively rooting for it but all historical trends say it's inevitable

 

[W.TN.Orange Blood]

It will happen at some point, and when it does it will be bad. After the last one they were supposed to stop lending to people that were risky, and they're still doing it. Look at the auto loan stuff. Now you can get a 7 year auto loan. People are taking out loans on $60,000 trucks.

Have to be one stupid dick to buy a new $60,000 dollar truck. Buy used......that's better at $35,000 dollars

 

[lawgator1]

Dems don't want to kill the economy. Dems want the growth to benefit the middle class much more than it has so far. 401k growth is nice, to be sire. But it pales compared to the benefits to the billionaires to date. Let's get some REAL wage growth and some sustained consumer demand.

 

[MontyPython]

Are these readings pre or post Coronavirus crisis?

Most of China is still shutdown. Even though some plants are back to work, there’s no supply chain to move goods at port. This will reverberate through the economy for at least half a year.

I believe that graph is from last summer. But, yeah, you're right... pretty sure I heard some economist say it would shave at least 0.4% off the current quarter GDP.

 

[LouderVol]

That’s what I truly don’t understand . “ If “ we are that close to a reset or recession as they claim , election those candidates from the progressive left will surely trigger it and will be ripe in 4 years to lose the Oval Office again to an Rs promising tax breaks . You essentially they are voting for a recession while your party holds the Oval .

It also makes it far easier to hawk their socialism in down times. They need a downturn to push their angle. If things are good and people can take care of themselves they do want the crap. But times get a bit sticky and they will take any handout

 

[MontyPython]

You guys are hoping for a recession so that Trump loses 2020. It is really sad and pathetic.

FWIW I'm not "hoping for" a recession. But, the reality is that our economy experiences them as a normal cycle. It's not a question of IF a recession will eventually occur, but WHEN. Better now before the election than after.

 

[Orangeburst]

Dems don't want to kill the economy. Dems want the growth to benefit the middle class much more than it has so far. 401k growth is nice, to be sire. But it pales compared to the benefits to the billionaires to date. Let's get some REAL wage growth and some sustained consumer demand.

Nobody you guys are ponying up will do anything close to this.