the economy

[roguetoaster]

Debt Crisis snowballs based on everything leading up to now


My guess would be fissures leading to gaping cracks late Summer/Early Fall 2020

We all know that economic crises wait to actualize until after mid-November in election years, and preferably until early February of the next year so that when there is an change in leadership and/or Congressional balance we can all conveniently blame the other side, pass another set of pointless temporary measures and never even bother to fix the underlying issues.

[phillipj]

We all know that economic crises wait to actualize until after mid-November in election years, and preferably until early February of the next year so that when there is an change in leadership and/or Congressional balance we can all conveniently blame the other side, pass another set of pointless temporary measures and never even bother to fix the underlying issues.

No, not really, but sure it is definitely true that Partisans will blame anything and everything on the other side.

We should be continuously analyzing and learning from history instead of trying to spin it to the political narrative of immediate convenience.

[roguetoaster]

No, not really, but sure it is definitely true that Partisans will blame anything and everything on the other side.

We should be continuously analyzing and learning from history instead of trying to spin it to the political narrative of immediate convenience.

It was a joke, convenient timing and all that. Agree that we should try to look back on the recent and distant past in as unbiased a way as possible to inform our current actions.

[phillipj]

It was a joke, convenient timing and all that. Agree that we should try to look back on the recent and distant past in as unbiased a way as possible to inform our current actions.

Gotcha, hard to gauge Sarcasm on here!

[ButtJuice]

Mortgage rates are extremely low as of right now, if anyone in the market is looking for the r3v hook up PM me.

[phillipj]

Latest Uncertainty Index per today's WSJ:

• Hit its highest level on record in August. Turns out, we’re more uncertain now than after 9/11, the European debt crisis and Trump’s election in 2016.
• Another uncertainty index on trade policy averaged a level of 2 between 1996 and 2018. This year it’s close to 100.

[z31maniac]

Latest Uncertainty Index per today's WSJ:

• Hit its highest level on record in August. Turns out, we’re more uncertain now than after 9/11, the European debt crisis and Trump’s election in 2016.
• Another uncertainty index on trade policy averaged a level of 2 between 1996 and 2018. This year it’s close to 100.

Conspiracy time, the traders are looking to put negative pressure on stock prices, so they can profit buying low and riding the recovery.

[mrsleeve]

Conspiracy time, the traders are looking to put negative pressure on stock prices, so they can profit buying low and riding the recovery.

Conspiracy time alternate..... Constant economic sky is falling prognostication from seeming legitimate sources, to put negative pressure on everything from stocks to real estate to real employment as to wipe out all gains of the last 3 years, just prior to the next election cycle to end any and all chance at 4 more years of Orange man bad, and thus allow the status quo to resume with fanfare......

Shit where did I leave my tin hat??????

[phillipj]

Conspiracy time, the traders are looking to put negative pressure on stock prices, so they can profit buying low and riding the recovery.

That's put forth by Economists, not traders.

'Status quo' for America is in full effect, Trump just took off the mask.

[phillipj]

Caterpillar's earnings usually tell us where the economy’s headed. They posted yesterday.
CEO Jim Umpleby said: "In the fourth quarter, we now expect end-user demand to be flat and dealers to make further inventory reductions due to global economic uncertainty."

[z31maniac]

Caterpillar's earnings usually tell us where the economy’s headed. They posted yesterday.
CEO Jim Umpleby said: "In the fourth quarter, we now expect end-user demand to be flat and dealers to make further inventory reductions due to global economic uncertainty."

I'm so glad I'm out of manufacturing now. I don't suspect my particular GBU will have any issues past slowed down hiring or a hiring freeze, during a downturn, unless it's of historic proportions again. Which I don't think it will be.