of course it's not a rookie move, he makes money when shyt goes bad.
Memba when Paul Krugman predicted a global recession after Trump Won?
- Thread starter Slystallion
- Start date
of course it's not a rookie move, he makes money when shyt goes bad.
levitate
I love you, you know.
The Fukin Prophecy
RIP Champ
Just my opinion here but I think banning the thread starter from HL for avoiding this thread is fully warranted...
You can't make an idiotic thread to shame a professional like Krugman and then go ghost mode when his prediction pans out...
Take your L like a man or
You can't make an idiotic thread to shame a professional like Krugman and then go ghost mode when his prediction pans out...
Take your L like a man or
Mantis Toboggan M.D.
Drink wolf cola
Ban him and all of trumpset outright from the whole site.Just my opinion here but I think banning the thread starter from HL for avoiding this thread is fully warranted...
You can't make an idiotic thread to shame a professional like Krugman and then go ghost mode when his prediction pans out...
Take your L like a man or
Rollback of yet another Obama-era result/policy... a functioning economy
Well the FED has been steadily raising rates since Obama's last year in office. They've been shrinking their balance sheets.
The markets are addicted to the low rates and cheap money. This is why equities, stocks, assets all recovered due to the FED's policies.
However, the population is in way more debt and there are bubbles about to burst. Student loans and subprime auto loans are just two.
Trump's stupid tax cuts and tariffs are factors but not the reason why we're headed to recession. We have a lot of structural issues that were not tackled with the last crisis and even before then.
Slystallone was last seen: Yesterday at 7:11 PM [MDT]
Be a groupie of Republican economic policy brehs
Kenny West
Veteran
banning is too much but maybe a HL exlcusive tag that identifies and shames the intellectually dishonest and cowardly. To draw a line where the fukk shyt is kept in tlr.Just my opinion here but I think banning the thread starter from HL for avoiding this thread is fully warranted...
You can't make an idiotic thread to shame a professional like Krugman and then go ghost mode when his prediction pans out...
Take your L like a man or
Can be anything short and to the point. "Troll" "Doofus" "Clown" etc
Minute the Fed cut rates to 0 and gave out free money to stimulate the economy then waited years to raise rates let me know the coming recession was going to be real bad. Because the economy never really recovered they just changed hands.
Secure Da Bag
Veteran
I'm surprised Republicans aren't just blaming Obama and the Fed.
But between the excessive QE from the Bush years, stock/asset buybacks going in the Trump era, massive tax cuts, and lack of bonuses and raises, this was bound to happen.
Anyone still thinks those tariffs on China are gonna hold out. Or do you think China will double down on theirs as payback?
But between the excessive QE from the Bush years, stock/asset buybacks going in the Trump era, massive tax cuts, and lack of bonuses and raises, this was bound to happen.
Anyone still thinks those tariffs on China are gonna hold out. Or do you think China will double down on theirs as payback?
Merry Christmas everybody, I just partnered with a tax preparer and I've been tasked with helping him scale his workflow processes and it's been a very time consuming job to put together the pieces to help him create a paperless and more efficient environment before this tax season which will be like no other in some decades due to the tax law changes. If any IT breh's here has some Citrix licences PM me as I'm looking at using sharefile/virtual apps/virtual workstation etc...
As far as the topic at hand, just a reminder that a stock market correction isn't the same thing as a recession. Economic growth has been steady above 3% Job market is at near capacity and global growth hasn't shown any slowdown as most economic indicators are not showing signs of recession.
The fed is in a tough spot, we have had interest rates near 0 for damn near a decade if not that. Would I prefer that we tied our currency to a gold backed system and eliminated this type of decision making from the fed...of course but that's not where we are at. The fed by design is meant to stop us from over heating from a strong economy and essentially temper it down. They also are raising rates to likely give them some freedom to move back down during the next downturn.
The fed's actions are ticking off Trump and the rate increases are hitting some companies who became over-leveraged with debt after the rates came down to 0 hence the markets getting jittery. Stock markets correct and there are cyclical downturns but the long term trend is that they always continue to grow and come back to reach greater heights, it's just what they have done since their inception.
Another indicator the yield curve is tightening but it hasn't inverted yet...but there is normally quite some lag after an inversion that it isn't the most precise as far as trying to time when the recession aka 2 consecutive quarters of negative GDP occur.
Here are some of the things that are illustrating growth
Nine Charts Illustrate Growth | MarketMinder | Fisher Investments
There will be a recession it's not a matter of if its a matter of when. No matter what decisions are made no matter who is presidents the economy moves in cycles, predicting and timing them are damn near impossible...those who constantly predict gloom and doom at some point they are right simply because that's just the way the cycle moves. As of now we don't have dire signs from any economic indicators that we are headed towards a global recession in the near term. The market is reacting to trade fears which are overblown and the days of 0% interest rates being gone, we may see more of a correction or some slower steady market growth after it gets over the headlines and moves on to something else, who knows I don't predict markets but it's clear to me there is some cheer-leading going on due to political allegiances from a crowd who jumps whenever CNBC and the New York Times tells them to and I'm glad I don't invest emotionally based on stock market clowns yelling on a daily basis.
As far as the topic at hand, just a reminder that a stock market correction isn't the same thing as a recession. Economic growth has been steady above 3% Job market is at near capacity and global growth hasn't shown any slowdown as most economic indicators are not showing signs of recession.
The fed is in a tough spot, we have had interest rates near 0 for damn near a decade if not that. Would I prefer that we tied our currency to a gold backed system and eliminated this type of decision making from the fed...of course but that's not where we are at. The fed by design is meant to stop us from over heating from a strong economy and essentially temper it down. They also are raising rates to likely give them some freedom to move back down during the next downturn.
The fed's actions are ticking off Trump and the rate increases are hitting some companies who became over-leveraged with debt after the rates came down to 0 hence the markets getting jittery. Stock markets correct and there are cyclical downturns but the long term trend is that they always continue to grow and come back to reach greater heights, it's just what they have done since their inception.
Another indicator the yield curve is tightening but it hasn't inverted yet...but there is normally quite some lag after an inversion that it isn't the most precise as far as trying to time when the recession aka 2 consecutive quarters of negative GDP occur.
Here are some of the things that are illustrating growth
Nine Charts Illustrate Growth | MarketMinder | Fisher Investments
- GDP is still growing grobally
- Global Trade is rising
- Corporate Profits Rising
- Global Purchase Managers indexes above 50 and rising
- Q4 GDP is still expected to be positive between 2.5% to 3%
- Private sector loan growth is positive
- Global Money Supply Expanding
- Global Yield Curve sloping Upwards
- US & Eurozone Leading Economic Indexes are expanding suggesting further growth
There will be a recession it's not a matter of if its a matter of when. No matter what decisions are made no matter who is presidents the economy moves in cycles, predicting and timing them are damn near impossible...those who constantly predict gloom and doom at some point they are right simply because that's just the way the cycle moves. As of now we don't have dire signs from any economic indicators that we are headed towards a global recession in the near term. The market is reacting to trade fears which are overblown and the days of 0% interest rates being gone, we may see more of a correction or some slower steady market growth after it gets over the headlines and moves on to something else, who knows I don't predict markets but it's clear to me there is some cheer-leading going on due to political allegiances from a crowd who jumps whenever CNBC and the New York Times tells them to and I'm glad I don't invest emotionally based on stock market clowns yelling on a daily basis.
Perfectson
Banned
This is like an airplane captain going on the loud speaker to tell the passengers that the wings on the plane are still there and functioning, on an otherwise perfectly fine plane
don't fall for the media shyt. Everyone was thinking the same thing, with all the turmoil in the market and banks are the first ones to start tightening their grips. In addition, the reductions Trump put in as safeguards means that a pulse check is needed and required. It's good headlines but the market was gonna tank this week regardless because of the short trading week.
Perfectson
Banned
they can't flip flop anymore. First it was how bad Obama was doing, then when the growth continued, they said it was because of Trump, now that the stock market is tanking how can they blame Obama lol.
Still unemployment and labor data is still strong, we are in a bear market, but not yet a recession.
Secure Da Bag
Veteran
