The US Market, Economy in Flux

Ocean Breeze

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Jun 5, 2005
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Markets plummet on one of their worst days of the year, as recession signs emerge around the world

President Trump��s trade war, slowing growth in Europe and China, and other economic turmoil sent investors fleeing stocks and into safe havens such as gold and long-term government bonds.

The Dow Jones industrial average plummeted about 800 points, or about 3 percent, Wednesday.



https://www.washingtonpost.com/busi...al_news__alert-economy--alert-national&wpmk=1
 

Ocean Breeze

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Jun 5, 2005
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Dow loses about 800 points as recession signs emerge around the world
President Trump��s trade war, slowing growth in Europe and China, and other economic turmoil sent investors fleeing stocks and into safe havens such as gold and long-term government bonds.



source: WAPO



The US burns while Trump twitters.
 

Hoid

Hall of Fame Member
Oct 15, 2017
20,408
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US treasury bills just fell off a cliff, just like China wanted

30 year long bond is all time low of 2.0139%

that means if you purchase one and rates rise 1% you are down 21%

bond market says the days of rising rates are over as the US government will once again have to step in and float everyone's boat with free money.

capitalism no longer works
 

Cliffy

Standing Member
Nov 19, 2008
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Nakusp, BC
The plan since Raygun, was to concentrate all the wealth in the hands of the few at the top. They are right on schedule. Every time the markets crash, the rich buy up all the stock from the poor bozos who are losing their shirts. Every crash is an engineered one.
 

pgs

Hall of Fame Member
Nov 29, 2008
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B.C.
What goes down can also go up . Remember The DOWn Jones Industrial Average ?
 

pgs

Hall of Fame Member
Nov 29, 2008
26,660
6,996
113
B.C.
US treasury bills just fell off a cliff, just like China wanted

30 year long bond is all time low of 2.0139%

that means if you purchase one and rates rise 1% you are down 21%

bond market says the days of rising rates are over as the US government will once again have to step in and float everyone's boat with free money.

capitalism no longer works
Good , how stable is your pencsion fun$ ?
 

Hoid

Hall of Fame Member
Oct 15, 2017
20,408
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lol the world economy is a house of cards that periodically needs to be be bailed out by governments
 

Twin_Moose

Hall of Fame Member
Apr 17, 2017
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Even without a trade deal the world economy is stable.

Anti Trumpites finally got a story out that hurts Trump's economy, it will be short lived once the China deal is sorted out, deal is pretty much done, just waiting on an agreement to keep the deal in compliance.
 

Curious Cdn

Hall of Fame Member
Feb 22, 2015
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Anti Trumpites finally got a story out that hurts Trump's economy, it will be short lived once the China deal is sorted out, deal is pretty much done, just waiting on an agreement to keep the deal in compliance.
Who says the US is going to get a good deal? They haven't done so, up to now, during the Trump years.
 

Ocean Breeze

Hall of Fame Member
Jun 5, 2005
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White House officials explore payroll tax cut to prevent economic downturn, people familiar with the matter say


Senior White House officials are examining whether to propose a temporary cut to payroll taxes in an effort to stimulate the economy and stem growing fears of a U.S. recession. The discussions are in the early stage, but they reveal growing concerns about the economy by President Trump's top aides.


source: WAPO

the economy could end up being Trump's Achilles heel.