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Only one thing can save the United States
Posted by: Dennis S
Date: March 08, 2019 03:38PM
A big recession.
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Re: Only one thing can save the United States
Posted by: samintx
Date: March 08, 2019 05:10PM
One may be coming. News ain’t good in financial markets.
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Re: Only one thing can save the United States
Posted by: bfd
Date: March 08, 2019 05:34PM
Won't matter to DJT and his ilk. They've already cashed in and will keep doing so… at our expense.

All we need is a nice long war to crank up the arms manufacturing machine and keep these criminals in business. (And Bolton's working 24/7 on that right now.)
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Re: Only one thing can save the United States
Posted by: Dennis S
Date: March 08, 2019 05:42PM
It's the only thing that will peel off enough Trump voters for the sane party to have a good chance in 2020.
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Re: Only one thing can save the United States
Posted by: samintx
Date: March 09, 2019 10:43AM
Quote
Dennis S
It's the only thing that will peel off enough Trump voters for the sane party to have a good chance in 2020.

Statistically, few own stocks. Talking heads don't rely on it hurting "Trump Voters" from what I hear.
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Re: Only one thing can save the United States
Posted by: Lemon Drop
Date: March 09, 2019 12:08PM
Recessions cause people to lose their jobs or stay unemployed for long periods and they cause home values to fall. That's never good for an incumbent. Fundamentals are OK right now; the market is more volatile than it has been but no downturn has started.

I don't think 2020 is going to be about the economy as a whole, it's going to be about the fairness of the economy. It's really only great if you're already rich.

Today the bull market is celebrating its 10th anniversary and this is now the longest running bull market since WWII.

Why has this bull lasted so long? Analysts point to three main reasons: Interest rates have remained low during the last 10 years, inflation has remained subdued and the economy and corporate profits have kept growing.

The Federal Reserve engineered the low-rate setting in good part by purchasing more than $4 trillion in Treasury and mortgage bonds during and after the financial crisis in 2008-09, a move intended to bolster the economy. That move also drove down returns on low-risk assets such as Treasury securities and forced investors searching for higher returns into more risk-bearing assets such as stocks.

[www.latimes.com]

Thanks Obama!
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Re: Only one thing can save the United States
Posted by: samintx
Date: March 09, 2019 05:27PM
Jury still out on rates being raised. I hear yes/no. GM is doing a good job on unemployment along with several other companies .
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Re: Only one thing can save the United States
Posted by: Filliam H. Muffman
Date: March 09, 2019 06:19PM
On the morbidly positive side, there are no government employees to lay off (unless you consider the privatization of sectors like the Dept. of Veterans Affairs). The GDP has taken a major hit from the shutdown, so interest rates should stay flat for the next six months based on wholesale prices. I'm not sure about factory orders. Transportation stocks were down for several sessions in a row and that used to be one possible harbinger of a recession. With Cheeto's short thumbed bumbling Twits, he could kick it off by accident trying to distract from the distractions.



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