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Yield Curve Inversion" (Read 1107 times)
AiA
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Yield Curve Inversion"
Jul 2nd, 2019 at 3:16am
 
An inauspicious milestone was achieved on Sunday: An economic indicator known as the "yield curve inversion" hit the three-month mark, a rare occurrence that has also preceded the past 7 U.S. recessions.


https://www.npr.org/2019/06/30/737476633/what-just-happened-also-occurred-before...
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Re: Yield Curve Inversion"
Reply #1 - Jul 2nd, 2019 at 7:08am
 
This is what will cause the next recession.

Have a look at what the Feds did to Bush jr while he was President.

They crashed the markets. 

Now have a look at what they are doing to Trump leading up to the 2020.
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Re: Yield Curve Inversion"
Reply #2 - Jul 2nd, 2019 at 7:09am
 
This is what happens when you listen to economists and not right-wing bloggers or QTards.  The true situation is more concerning that the Whitehouse would let on.  Well, they're saying things have never been better so it's chalk and cheese.

The source one looks to says a lot about their motivation.  Those seeking the advice from the experts are interested in the truth, those who look to Trump and accept the conspiracy theories he, his family or his friends in the media push, they just want to hear what they already believe.

And after all the lies told about the North Korean meeting it's getting even harder to trust anything that comes from team Trump, especially when followed up with "believe me".
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Re: Yield Curve Inversion"
Reply #3 - Jul 2nd, 2019 at 7:11am
 
Most of the falsehoods on this forum come from you Kanga, aia, greggy and the horseman.  Roll Eyes

Are you now going to tell us all that those interest rate hikes are not right either??

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Re: Yield Curve Inversion"
Reply #4 - Jul 2nd, 2019 at 7:12am
 
SerialBrain9 wrote on Jul 2nd, 2019 at 7:08am:
This is what will cause the next recession.

Have a look at what the Feds did to Bush jr while he was President.

They crashed the markets. 

Now have a look at what they are doing to Trump leading up to the 2020.


This has been explained to you already.  The interest rates are a response to the markets, not the other way around.

You're just following the standard Trump narrative of looking for someone else to blame as usual.
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Re: Yield Curve Inversion"
Reply #5 - Jul 2nd, 2019 at 7:15am
 
SadKangaroo wrote on Jul 2nd, 2019 at 7:12am:
SerialBrain9 wrote on Jul 2nd, 2019 at 7:08am:
This is what will cause the next recession.

Have a look at what the Feds did to Bush jr while he was President.

They crashed the markets. 

Now have a look at what they are doing to Trump leading up to the 2020.


This has been explained to you already.  The interest rates are a response to the markets, not the other way around.

You're just following the standard Trump narrative of looking for someone else to blame as usual.


Hang on a minute.

One minute you are saying that the markets are slowing and we are going to go into a recession - then you tell us that the interest rates are going up because of the Markets because they are going so well?

Wait, What?  Cheesy

If the markets are slowing down and we are going to go into recession then the Feds need to lower rates - not increase them.

Go back to shallow end Mr Kanga - you're in over your head.  Roll Eyes
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Re: Yield Curve Inversion"
Reply #6 - Jul 2nd, 2019 at 7:21am
 
By the way - for the clueless out there  Roll Eyes

Those interest rate rises that the Fed has done to Trump have stolen half a Trillion Dollars a year off Americans.

Imagine if that money was put back into the markets.

The dow would be up another 10,000 points and GDP up around 4.5 to 5%
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Re: Yield Curve Inversion"
Reply #7 - Jul 2nd, 2019 at 7:35am
 
SerialBrain9 wrote on Jul 2nd, 2019 at 7:11am:
Most of the falsehoods on this forum come from you Kanga, aia, greggy and the horseman.  Roll Eyes

Are you now going to tell us all that those interest rate hikes are not right either??



I'm so sick of your bullshit mate.   You just throw out accusations of lies but you can never back it up, yet every position I take is based off an opinion formed from an acceptance of the facts.

You trade in bullshit.  Look at your name even, serialbrain is another QTard baker pushing and even making up fantasy to try and legitimise Q by "decoding" the drops.

He even retcons his own decodes after the fact to make them look legit.

I don't care about your persona or who you emulate on here, but the content of what your post paints you as just another butthurt Trump supporter who can't handle the truth so you attack people rather than the topics being talked about.

It is true that interest rates do have an impact on the markets, but the changes made to them are in response to the markets. And no, it's not a conspiracy (although there are massive problems with the FED), but in an almost lawless land, there does sometimes need to be some breaks applies or money freed up to simulate to help recover from crashes.

You simply want someone to blame because the information that economic forecasters are sharing isn't as good as what Trump says.

Remember we should be in 5% GDP or higher according to Trump, but it looks like the US will be lucky to see even half that by the end of the year. 

Still not numbers to bork at, but there is the truth and what Trump tells you.

The Federal Interest Rates have their place, but it's things like Trump's trade wars, his reckless spending and tax cuts that weren't revenue neutral and haven't trickled down as claimed that is having the biggest impact.

The big end of town set to benefit from Trump which helps with the confidence levels, but that's oh so fragile when Main St is hurting, Wall St can only do so much.

But it's easier in this world of you and the Trump tards attacking others for what you claim is their virtue signalling and victimhood culture, only for you to just do that yourself and claim Trump is great, but a victim of the FED, or whatever excuse you can find. 

Next, when North Korea do exactly what they did last time, what they have done every other time and take the massive propaganda win for their people and do nothing differently in the end, who will you blame then? 

What magical force or conspiracy will be used to defend the great work of Trump, even though he's just made the exact same mistake as last time.  Again like last time, I hope he's able to pull it off, the chants of "peace in our time" coming from the right are great, especially if he can deliver.

But that's always been Trump's weakness, his ability to deliver.
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Re: Yield Curve Inversion"
Reply #8 - Jul 2nd, 2019 at 7:39am
 
Ok I only read your first sentence.

You can have your opinion - thats fine, but you are nearly always wrong.

So don't get angry with me with YOUR bullshit.

If you want your Opinions to be right - then back it up with FACTS.

Drop us a link maybe?

That would be a novel idea would it not?  Cheesy

I always give you a link to my opinions which shows that im talking about FACTS, not fiction like yourself  Roll Eyes
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Re: Yield Curve Inversion"
Reply #9 - Jul 2nd, 2019 at 7:40am
 
SerialBrain9 wrote on Jul 2nd, 2019 at 7:15am:
SadKangaroo wrote on Jul 2nd, 2019 at 7:12am:
SerialBrain9 wrote on Jul 2nd, 2019 at 7:08am:
This is what will cause the next recession.

Have a look at what the Feds did to Bush jr while he was President.

They crashed the markets. 

Now have a look at what they are doing to Trump leading up to the 2020.


This has been explained to you already.  The interest rates are a response to the markets, not the other way around.

You're just following the standard Trump narrative of looking for someone else to blame as usual.


Hang on a minute.

One minute you are saying that the markets are slowing and we are going to go into a recession - then you tell us that the interest rates are going up because of the Markets because they are going so well?

Wait, What?  Cheesy

If the markets are slowing down and we are going to go into recession then the Feds need to lower rates - not increase them.

Go back to shallow end Mr Kanga - you're in over your head.  Roll Eyes


No dickhead, I said that if you're so sure the markets are doing so well you should be applauding the rising rates.

I've never said the markets are bad now, it's the outlook that isn't strong.

If Trump hadn't inherited such a strong and growing economy his actions would have been felt much worse than they have been.

Like his own wealth, he would have had more now, and the economy would be doing better if he did nothing.
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Re: Yield Curve Inversion"
Reply #10 - Jul 2nd, 2019 at 7:42am
 
SerialBrain9 wrote on Jul 2nd, 2019 at 7:39am:
Ok I only read your first sentence.

You can have your opinion - thats fine, but you are nearly always wrong.

So don't get angry with me with YOUR bullshit.

If you want your Opinions to be right - then back it up with FACTS.

Drop us a link maybe?

That would be a novel idea would it not?  Cheesy

I always give you a link to my opinions which shows that im talking about FACTS, not fiction like yourself  Roll Eyes


Ok, before I do, what level of evidence would you actually accept?

Honest question.

You so often just ignore anything people post you don't like, so before I waste my time, what level of evidence do you need so you don't weasel out of it like the little bitch you are?
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Re: Yield Curve Inversion"
Reply #11 - Jul 2nd, 2019 at 7:43am
 
SerialBrain9 wrote on Jul 2nd, 2019 at 7:21am:
By the way - for the clueless out there  Roll Eyes

Those interest rate rises that the Fed has done to Trump have stolen half a Trillion Dollars a year off Americans.

Imagine if that money was put back into the markets.

The dow would be up another 10,000 points and GDP up around 4.5 to 5%


Got any evidence to prove that?  How about a link?
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Re: Yield Curve Inversion"
Reply #12 - Jul 2nd, 2019 at 7:47am
 
Let's be clear for a moment, nobody wants the recession. 

It's true that something like that would be the only thing that might have a chance to snap the Trumptards out of their stupor, but given the conspiracies that are already being spun to defend not only Trump's economic performance not living up to what he claims but the forecasts are even worse, even a recession might not be enough in the face of such blind devotion.

Republicans may be happy to burn things down to make their point, but the true patriots don't want to see that happen, even if it means supporting Trump IF he ever proposes some decent economic policies.

But ignoring the warning signs because you can't possibly say anything bad about Trump, that's only going to lead to ruin.

You can stay in the bubble when it comes to your opinions all you like, but some things are greater than that.
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Re: Yield Curve Inversion"
Reply #13 - Jul 2nd, 2019 at 9:09am
 
SadKangaroo wrote on Jul 2nd, 2019 at 7:43am:
SerialBrain9 wrote on Jul 2nd, 2019 at 7:21am:
By the way - for the clueless out there  Roll Eyes

Those interest rate rises that the Fed has done to Trump have stolen half a Trillion Dollars a year off Americans.

Imagine if that money was put back into the markets.

The dow would be up another 10,000 points and GDP up around 4.5 to 5%


Got any evidence to prove that?  How about a link?


This is from a jackass with anger management issues who never gives a link to the utter horseshit that dribbles out of his cake hole...  Roll Eyes

You’ve been given a chart at the top already that proves that the Federal Reserve has been aggressive against the Trump administration trying to bring down the markets coming up to the 2020 elections....

Also... with those interest rates... do the Math on 22 Trillion Dollars..

Its not Rocket Surgery 🚀

You’ve been given all of the information that you need...

In the mean time you’ve given NOTHING...  Roll Eyes
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Re: Yield Curve Inversion"
Reply #14 - Jul 2nd, 2019 at 10:25am
 
Well, the Obama Economy has to end sometime ...
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Re: Yield Curve Inversion"
Reply #15 - Jul 2nd, 2019 at 10:50am
 
President Elect, The Mechanic wrote on Jul 2nd, 2019 at 9:09am:
SadKangaroo wrote on Jul 2nd, 2019 at 7:43am:
SerialBrain9 wrote on Jul 2nd, 2019 at 7:21am:
By the way - for the clueless out there  Roll Eyes

Those interest rate rises that the Fed has done to Trump have stolen half a Trillion Dollars a year off Americans.

Imagine if that money was put back into the markets.

The dow would be up another 10,000 points and GDP up around 4.5 to 5%


Got any evidence to prove that?  How about a link?


This is from a jackass with anger management issues who never gives a link to the utter horseshit that dribbles out of his cake hole...  Roll Eyes


It's not anger issues, you're just a dumb troll and you're undeserving of my respect or a polite reply.  Being polite to you get me nowhere, so I won't waste my breath.

You're a TrumpTard after all, aren't you anti-PC and pro-telling it like it is?

Or is that just another thing you only care about when it suits you?

I back up my claims all the time, without having to use TheGateWayPundit either.

What about you?  Do you ever post anything that isn't from a blog or a tweet?  Not often.
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Re: Yield Curve Inversion"
Reply #16 - Jul 2nd, 2019 at 11:18am
 
.....
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Re: Yield Curve Inversion"
Reply #17 - Jul 2nd, 2019 at 11:19am
 
SadKangaroo wrote on Jul 2nd, 2019 at 10:50am:
President Elect, The Mechanic wrote on Jul 2nd, 2019 at 9:09am:
SadKangaroo wrote on Jul 2nd, 2019 at 7:43am:
SerialBrain9 wrote on Jul 2nd, 2019 at 7:21am:
By the way - for the clueless out there  Roll Eyes

Those interest rate rises that the Fed has done to Trump have stolen half a Trillion Dollars a year off Americans.

Imagine if that money was put back into the markets.

The dow would be up another 10,000 points and GDP up around 4.5 to 5%


Got any evidence to prove that?  How about a link?


This is from a jackass with anger management issues who never gives a link to the utter horseshit that dribbles out of his cake hole...  Roll Eyes


It's not anger issues, you're just a dumb troll and you're undeserving of my respect or a polite reply.  Being polite to you get me nowhere, so I won't waste my breath.

You're a TrumpTard after all, aren't you anti-PC and pro-telling it like it is?

Or is that just another thing you only care about when it suits you?

I back up my claims all the time, without having to use TheGateWayPundit either.

What about you?  Do you ever post anything that isn't from a blog or a tweet?  Not often.


More abuse ,

Yet fortunately we disregard as much ,

How very sad all the same ..[ ignored ]
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Re: Yield Curve Inversion"
Reply #18 - Jul 2nd, 2019 at 11:23am
 
SadKangaroo wrote on Jul 2nd, 2019 at 7:40am:
SerialBrain9 wrote on Jul 2nd, 2019 at 7:15am:
SadKangaroo wrote on Jul 2nd, 2019 at 7:12am:
SerialBrain9 wrote on Jul 2nd, 2019 at 7:08am:
This is what will cause the next recession.

Have a look at what the Feds did to Bush jr while he was President.

They crashed the markets. 

Now have a look at what they are doing to Trump leading up to the 2020.


This has been explained to you already.  The interest rates are a response to the markets, not the other way around.

You're just following the standard Trump narrative of looking for someone else to blame as usual.


Hang on a minute.

One minute you are saying that the markets are slowing and we are going to go into a recession - then you tell us that the interest rates are going up because of the Markets because they are going so well?

Wait, What?  Cheesy

If the markets are slowing down and we are going to go into recession then the Feds need to lower rates - not increase them.

Go back to shallow end Mr Kanga - you're in over your head.  Roll Eyes


No dickhead, I said that if you're so sure the markets are doing so well you should be applauding the rising rates.

I've never said the markets are bad now, it's the outlook that isn't strong.

If Trump hadn't inherited such a strong and growing economy his actions would have been felt much worse than they have been.

Like his own wealth, he would have had more now, and the economy would be doing better if he did nothing.


It is very good , beloved readers

That one such as I am responds not to this serial abuser

For if I did , I surely would be still under such attacks , of which

I have endured many times .. hence the ignore status ..

So sad all the same that posters must be attacked by this one ..

Shocked
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« Last Edit: Jul 2nd, 2019 at 11:29am by it_is_the_light »  

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Re: Yield Curve Inversion"
Reply #19 - Jul 2nd, 2019 at 11:34am
 
President Elect, The Mechanic wrote on Jul 2nd, 2019 at 9:09am:
You’ve been given a chart at the top already that proves that the Federal Reserve has been aggressive against the Trump administration trying to bring down the markets coming up to the 2020 elections....

Also... with those interest rates... do the Math on 22 Trillion Dollars..

Its not Rocket Surgery 🚀

You’ve been given all of the information that you need...

In the mean time you’ve given NOTHING...  Roll Eyes


Notice the timeline of your graph?

It's very selective and leaves out some very deliberate information.

Here is a greater snapshot, showing what Obama inherited and the upward growth that started and the red responded to as the recovery Obama had to fight the Republicans at every step of the way continued as Trump took office.

...

Link

It's not a conspiracy against Trump, it's a result of historic lows put in place to help overcome a historic market crash, a crash that shows what can happen when deregulation is left to run wild, aka "the free market" idea. 

As part of Obama's recovery, there was more regulation put in place to help prevent it from happening again.  It was this regulation Trump abolished because it had Obama's name on it.

Now I've highlighted the start of Bush Jr's Presidency, the start of Obama's and the start of Trump's.  Notice at the end of Obama's, the rates had started to rise due to the recovering economy. 

Notice the trend, it's barely changed since Trump took office.

Do you still want to cherry pick the data to try and prove your conspiracy, or do you want to join us in the real world?

And I know, you'll question the "Obama recovery", but again, just look at the numbers.  Look at the GDP vs DOW for example.  You can see the crash, you can see what the FED reacted do with the low rates under Obama, and you can see the hard-fought recovery.

...

Link

There is far more to it than just charts though.  There are employment number, averages wages, plenty more indicators that the experts in the field are far more versed in than I which is why I refer to them and their expertise.

I'm not going to pretend I know everything, but at the same time, you just going to try and troll this away anyway, so I'm not going to waste my time on it either.


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Re: Yield Curve Inversion"
Reply #20 - Jul 2nd, 2019 at 11:43am
 
it_is_the_light wrote on Jul 2nd, 2019 at 11:23am:
SadKangaroo wrote on Jul 2nd, 2019 at 7:40am:
SerialBrain9 wrote on Jul 2nd, 2019 at 7:15am:
SadKangaroo wrote on Jul 2nd, 2019 at 7:12am:
SerialBrain9 wrote on Jul 2nd, 2019 at 7:08am:
This is what will cause the next recession.

Have a look at what the Feds did to Bush jr while he was President.

They crashed the markets. 

Now have a look at what they are doing to Trump leading up to the 2020.


This has been explained to you already.  The interest rates are a response to the markets, not the other way around.

You're just following the standard Trump narrative of looking for someone else to blame as usual.


Hang on a minute.

One minute you are saying that the markets are slowing and we are going to go into a recession - then you tell us that the interest rates are going up because of the Markets because they are going so well?

Wait, What?  Cheesy

If the markets are slowing down and we are going to go into recession then the Feds need to lower rates - not increase them.

Go back to shallow end Mr Kanga - you're in over your head.  Roll Eyes


No dickhead, I said that if you're so sure the markets are doing so well you should be applauding the rising rates.

I've never said the markets are bad now, it's the outlook that isn't strong.

If Trump hadn't inherited such a strong and growing economy his actions would have been felt much worse than they have been.

Like his own wealth, he would have had more now, and the economy would be doing better if he did nothing.


It is very good , beloved readers

That one such as I am responds not to this serial abuser

For if I did , I surely would be still under such attacks , of which

I have endured many times .. hence the ignore status ..

So sad all the same that posters must be attacked by this one ..

Shocked


I've changed my mind on being polite and respectful to everyone by default.  You've won.  I'm now going to take a leaf out of your book. 

Those who don't deserve it because they're nothing but trolls will be treated accordingly.

You being a big serving of crazy mixed in with trolling, you simply don't matter anymore.  Your opinions are like your news, fake.

So, please sir, you can go get bugger yourself and all too.

I don't care anymore.
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Re: Yield Curve Inversion"
Reply #21 - Jul 2nd, 2019 at 11:49am
 
SadKangaroo wrote on Jul 2nd, 2019 at 11:43am:
it_is_the_light wrote on Jul 2nd, 2019 at 11:23am:
SadKangaroo wrote on Jul 2nd, 2019 at 7:40am:
SerialBrain9 wrote on Jul 2nd, 2019 at 7:15am:
SadKangaroo wrote on Jul 2nd, 2019 at 7:12am:
SerialBrain9 wrote on Jul 2nd, 2019 at 7:08am:
This is what will cause the next recession.

Have a look at what the Feds did to Bush jr while he was President.

They crashed the markets. 

Now have a look at what they are doing to Trump leading up to the 2020.


This has been explained to you already.  The interest rates are a response to the markets, not the other way around.

You're just following the standard Trump narrative of looking for someone else to blame as usual.


Hang on a minute.

One minute you are saying that the markets are slowing and we are going to go into a recession - then you tell us that the interest rates are going up because of the Markets because they are going so well?

Wait, What?  Cheesy

If the markets are slowing down and we are going to go into recession then the Feds need to lower rates - not increase them.

Go back to shallow end Mr Kanga - you're in over your head.  Roll Eyes


No dickhead, I said that if you're so sure the markets are doing so well you should be applauding the rising rates.

I've never said the markets are bad now, it's the outlook that isn't strong.

If Trump hadn't inherited such a strong and growing economy his actions would have been felt much worse than they have been.

Like his own wealth, he would have had more now, and the economy would be doing better if he did nothing.


It is very good , beloved readers

That one such as I am responds not to this serial abuser

For if I did , I surely would be still under such attacks , of which

I have endured many times .. hence the ignore status ..

So sad all the same that posters must be attacked by this one ..

Shocked


I've changed my mind on being polite and respectful to everyone by default.  You've won.  I'm now going to take a leaf out of your book. 

Those who don't deserve it because they're nothing but trolls will be treated accordingly.

You being a big serving of crazy mixed in with trolling, you simply don't matter anymore.  Your opinions are like your news, fake.

So, please sir, you can go get bugger yourself and all too.

I don't care anymore.


I do not respond unto thee for thou art on ignore

Yet observe your sweet tears
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Re: Yield Curve Inversion"
Reply #22 - Jul 2nd, 2019 at 11:57am
 
Ha, triggered.

...
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Re: Yield Curve Inversion"
Reply #23 - Jul 2nd, 2019 at 1:32pm
 
SadKangaroo wrote on Jul 2nd, 2019 at 11:43am:
it_is_the_light wrote on Jul 2nd, 2019 at 11:23am:
SadKangaroo wrote on Jul 2nd, 2019 at 7:40am:
SerialBrain9 wrote on Jul 2nd, 2019 at 7:15am:
SadKangaroo wrote on Jul 2nd, 2019 at 7:12am:
SerialBrain9 wrote on Jul 2nd, 2019 at 7:08am:
This is what will cause the next recession.

Have a look at what the Feds did to Bush jr while he was President.

They crashed the markets. 

Now have a look at what they are doing to Trump leading up to the 2020.


This has been explained to you already.  The interest rates are a response to the markets, not the other way around.

You're just following the standard Trump narrative of looking for someone else to blame as usual.


Hang on a minute.

One minute you are saying that the markets are slowing and we are going to go into a recession - then you tell us that the interest rates are going up because of the Markets because they are going so well?

Wait, What?  Cheesy

If the markets are slowing down and we are going to go into recession then the Feds need to lower rates - not increase them.

Go back to shallow end Mr Kanga - you're in over your head.  Roll Eyes


No dickhead, I said that if you're so sure the markets are doing so well you should be applauding the rising rates.

I've never said the markets are bad now, it's the outlook that isn't strong.

If Trump hadn't inherited such a strong and growing economy his actions would have been felt much worse than they have been.

Like his own wealth, he would have had more now, and the economy would be doing better if he did nothing.


It is very good , beloved readers

That one such as I am responds not to this serial abuser

For if I did , I surely would be still under such attacks , of which

I have endured many times .. hence the ignore status ..

So sad all the same that posters must be attacked by this one ..

Shocked


I've changed my mind on being polite and respectful to everyone by default.  You've won.  I'm now going to take a leaf out of your book. 

Those who don't deserve it because they're nothing but trolls will be treated accordingly.

You being a big serving of crazy mixed in with trolling, you simply don't matter anymore.  Your opinions are like your news, fake.

So, please sir, you can go get bugger yourself and all too.

I don't care anymore.



Stop being so butt hurt all the time.
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President Elect, The Mechanic
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Re: Yield Curve Inversion"
Reply #24 - Jul 2nd, 2019 at 4:35pm
 
Quote:
If mismanaging an economic recovery were an Olympic event, President Obama would be standing on the middle platform right now, accepting the gold medal.


Deep recessions are supposed to be followed by strong recoveries, but, under Obama, the worst recession since the 1930s has been followed by the slowest economic recovery in the history of the republic.  In a very real sense, there has been no recovery at all—things are still getting worse.

To win the gold for economic mismanagement, Obama had to beat out some very tough competitors, including the previous Olympic record holder, George W. Bush.  Let’s look at how Obama pulled it off.

For those not familiar with the sport, the Olympic “Worst First Three Years of Economic Recovery” event is a pentathlon—it’s composed of five individual trials.

The trials making up this pentathlon are as follows:

1) total employment growth;
2) unemployment rate reduction;
3) per capita GDP growth;
4) change in the Real Dow;
and 5) change in real produced assets.

Because the goal is economic mismanagement, in the total employment growth event, the lowest number wins.

Obama was victorious in this trial by producing an increase in jobs during the first 36 months of his economic recovery of only 1.72%. 

This handily beat out Bush 43, who turned in a jobs gain of 2.93% during his recovery, and the team of Bush 41 and Bill Clinton, who delivered 3.64% more jobs during theirs. 

And, Obama absolutely creamed Ronald Reagan, who produced an increase in total jobs of 8.97% during the first three years of the economic recovery that he oversaw.

Obama struggled in the “reducing the unemployment rate” event.  It was easy for Obama to do worse than Reagan, who had reduced the “headline” (U-3) unemployment rate by a massive 3.8 percentage points during the first three years of his recovery. 

However, in terms of turning in a bad unemployment performance, both the Bush 41 – Clinton team and Bush 43 had started with an unfair advantage.

Obama’s recovery came out of the blocks with an unemployment rate of 9.5%, which was far higher than where either the Bush 41 – Clinton team started (6.8%) or where Bush 43 began (5.5%).  Accordingly, it was much harder for Obama to do worse than those two, because he would have to produce a smaller reduction in the unemployment rate than they did.

When the scores were first totaled, Obama (at 1.3 percentage points of reduction in the unemployment rate) was far behind both the Bush 41 – Clinton team (at 0.3 percentage points), and Bush 43 (at 0.1 percentage points).

However, Obama appealed to the judges, pointing out that, when measured by the more comprehensive “SGS Alternate Unemployment Rate” published by Shadow Government Statistics, he had actually managed to increase unemployment by 2.0 percentage points during his economic recovery.  Meanwhile, the other three competitors had reduced their jobless rates, no matter how you measured them.  The judges agreed, and they awarded first place in this event to Obama.

The officials then studied the replay tapes, and gave Obama extra credit for managing to push the U.S. 2.5 million jobs farther away from full employment during his economic recovery.  The other three contestants could not match that.

Next up was the “real per capita GDP growth” event.  Obama won this one decisively.

The total increase in real GDP per capita during the first three years of Obama’s recovery was only 4.34%.  This was worse than Bush 43 (5.98%) and the Bush 41 – Clinton team (5.61%).  Once again, Ronald Reagan brought up the rear in this important area of economic mismanagement.  He produced a stunning 15.36% gain in real per capita GDP during the first three years of his economic recovery.

The last two trials in the Olympic “Worst First Three Years of Economic Recovery” pentathlon relate to building a prosperous future for the U.S. economy.

The Real Dow is the Dow Jones Industrial Average divided by the price of gold.  It is a proxy for the driving force to invest in economic growth, rather than to park capital in “safe” investments like gold and government bonds.

In the Real Dow event, Obama had to settle for second place.  Bush 43 beat him soundly by managing to depress the Real Dow by a massive 35.6% during the first three years of the economic recovery that he oversaw. 

However, in terms of economic destruction, Obama turned in a creditable performance, pushing the Real Dow down by 11.6% during his first three years of economic recovery.

In this event, the Bush 41 – Clinton team did not seem to be clear on the concept.  The Real Dow rose by 13.5% during their watch.  And, once again, Ronald Reagan came in dead last, producing a massive 89.9% increase in the Real Dow during the first three years of his powerful economic recovery.

Obama finished strong by blowing away the competition in the “change in real produced assets” trial.  Produced assets comprise the physical infrastructure of our economy, and economic progress depends upon building up our stock of produced assets.

During the first full year of Obama’s economic recovery (2010), real produced assets actually fell by 1.41%.  This is the biggest drop during the 60 years for which data is available. 

It is also the only decline ever observed during an economic recovery.
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Q

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SadKangaroo
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Re: Yield Curve Inversion"
Reply #25 - Jul 3rd, 2019 at 6:55am
 
Mech, you get all bent out of shape demanding that I show evidence but when I do, you ignore it then post an article from 2012 as if it's relevant when there was still 4 more years of Obama's Presidency to go?

Classy.

You wonder why people think you're a joke and your words are simply empty.  You only ever seem to compare the worst of Obama to the best of Trump.

Should we just take a snapshot of the economy now and judge the rest of Trump's presidency, be it 1 term or 2?

Actually, you'll probably do that given the forecasts and blame the Federal Reserve, Clinton, Globalists, the UN, the Deep State Cabal, the FBI, the CIA, the Rinos, the Establishment, the left-leaning world leaders, China pretty much everyone else other than Trump for what looks like is coming.

And again, for the sake of the American people, even those as foolish as you with their blind support for Trump, I hope the forecasts are wrong.  I hope Trump's skyrocketing debt, one of the few measures he can say he's done "tremendously more than Obama" from all his spending that never seems to achieve what he claims, his trade wars and other poor policy isn't enough to undo everything he inherited. 

Time will tell.

Good luck to them.
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