This doesnt make me feel all warm and fuzzy
https://www.google.com/amp/s/finance.ya ... 46447.html
Recession?
Re: Recession?
The comments don't make me feel warm and fuzzy either. I'm hoping this story was updated ... I'm puzzled by some of the commenters' math ...
Re: Recession?
I try to avoid reading yahoo commenters at all costs but I may run back later ..
Re: Recession?
I only watch local news for the weather. When I want to make financial decisions I listen to nightly business report and Marketwatch among other sources. A recession is unlikely, they say. The inverted interest rate curve is no longer there and according to my sources, should not be considered significant unless it lasts 2 weeks. It lasted 24 hours, a clickbait moment. Educational.
Re: Recession?
Yet, today...."President Trump on Monday called on the Federal Reserve to stimulate what he called a “very strong” economy as the White House tries to tamp down rising fears of a global recession.." https://thehill.com/policy/finance/over ... -recessionDgflorida wrote: ↑Tue Aug 20, 2019 5:54 pm I only watch local news for the weather. When I want to make financial decisions I listen to nightly business report and Marketwatch among other sources. A recession is unlikely, they say. The inverted interest rate curve is no longer there and according to my sources, should not be considered significant unless it lasts 2 weeks. It lasted 24 hours, a clickbait moment. Educational.
He's also "looking into" a payroll tax cut to further "stimulate" this "strong economy".
A strong economy doesn't need a stimulus.
ohjodi
Re: Recession?
I dont believe an interest rate curve is the only indicator of a recession. At least when it comes to what affects us average folks. We have a slowing down of employment. A slowing down of housing prices. Increased cost because of worsening tarrifs. And a majority of economists still as of today predict a recession by 2021.
And the president is institute more stupid tarrifs. Just diing it after the first of the year because..Christmas and he wants to avoid a recession before the election.
Sorry if this is political.but for an international.business guy imho he doesnt get the global economy too well. Not even his advisors want more tarrifs.
And the president is institute more stupid tarrifs. Just diing it after the first of the year because..Christmas and he wants to avoid a recession before the election.
Sorry if this is political.but for an international.business guy imho he doesnt get the global economy too well. Not even his advisors want more tarrifs.