The US Market, Economy in Flux


Ocean Breeze
Free Thinker
+1 / -1
#1

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/busin...ational&wpmk=1
 
Ocean Breeze
Free Thinker
+1 / -2
#2
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.
 
Twin_Moose
Conservative
+1
#3
sign a trade deal and the world economies will stabilize
 
Hoid
+1
#4
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
 
Ocean Breeze
Free Thinker
+1 / -1
#5
Quote:

capitalism no longer works

Or has been badly mishandled by greed oriented bozos at the top.
 
Cliffy
Free Thinker
-1
#6
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
Free Thinker
#7
What goes down can also go up . Remember The DOWn Jones Industrial Average ?
 
pgs
Free Thinker
#8
Quote: Originally Posted by Twin_Moose View Post

sign a trade deal and the world economies will stabilize

Any trade deal ?
 
pgs
Free Thinker
#9
Quote: Originally Posted by Hoid View Post

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
#10
Mine is federal government
 
Walter
+1
#11
Quote: Originally Posted by Twin_Moose View Post

sign a trade deal and the world economies will stabilize

Even without a trade deal the world economy is stable.
 
Hoid
+1
#12
lol the world economy is a house of cards that periodically needs to be be bailed out by governments
 
Twin_Moose
Conservative
#13
Quote: Originally Posted by pgs View Post

Any trade deal ?

China would pretty will do it, but the US opened negotiations with pretty much everyone
 
Twin_Moose
Conservative
#14
Quote: Originally Posted by Walter View Post

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.
 
Hoid
#15
lol the deal is being held up by the agreement.
 
Twin_Moose
Conservative
#16
Pretty much
 
Curious Cdn
No Party Affiliation
+1 / -1
#17
Quote: Originally Posted by Twin_Moose View Post

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.
 
Hoid
+1
#18
No deals made under Trump will last beyond Trump
 
Curious Cdn
No Party Affiliation
+1
#19
The new North America "Free Trade" deal is deader than a doornail.
 
Ocean Breeze
Free Thinker
#20

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.
 
Hoid
#21
There is on need to stimulate the economy.

The tax cut is going to stimulate the economy to grow at 3%
 
Ocean Breeze
Free Thinker
#22
White House officials eyeing payroll tax cut in effort to reverse weakening economy
The discussions of a temporary payroll tax cut reveal growing concerns about the economy among President Trump��s top aides.


source: WAPO
 
Curious Cdn
No Party Affiliation
#23
Quote: Originally Posted by Ocean Breeze View Post

White House officials eyeing payroll tax cut in effort to reverse weakening economy
The discussions of a temporary payroll tax cut reveal growing concerns about the economy among President Trump��s top aides.
source: WAPO

Rich folk aren't affected by Payroll taxes.

MAGA!
 
Tecumsehsbones
#24
Quote: Originally Posted by Ocean Breeze View Post

White House officials eyeing payroll tax cut in effort to reverse weakening economy
The discussions of a temporary payroll tax cut reveal growing concerns about the economy among President Trump��s top aides.
source: WAPO

I'm sure the Chinese will lend us another trillion or so. After all, we're on such good terms these days!
 
Curious Cdn
No Party Affiliation
#25
Quote: Originally Posted by Tecumsehsbones View Post

I'm sure the Chinese will lend us another trillion or so. After all, we're on such good terms these days!

It's just "mad money" for the Chinese.

All the while that Trump wants to buy Greenland ,the Chinese are buying up Africa.

Because of the labour shortages in China, perhaps?
 
Cliffy
Free Thinker
#26
Quote: Originally Posted by Curious Cdn View Post

It's just "mad money" for the Chinese.

All the while that Trump wants to buy Greenland ,the Chinese are buying up Africa.

Because of the labour shortages in China, perhaps?

The Chinese are buying up ag land all over the globe to feed their people.
 
Curious Cdn
No Party Affiliation
#27
Quote: Originally Posted by Cliffy View Post

The Chinese are buying up ag land all over the globe to feed their people.

That would explain all the McMansions around this area owned by absentee Chinese.
 
Cliffy
Free Thinker
#28
Quote: Originally Posted by Curious Cdn View Post

That would explain all the McMansions around this area owned by absentee Chinese.

Like I've said before "time to learn Cantonese". Pretty soon they will own Canada.
 
Curious Cdn
No Party Affiliation
#29
Quote: Originally Posted by Cliffy View Post

Like I've said before "time to learn Cantonese". Pretty soon they will own Canada.

No, it's Mandarin, around here. The Cantonese from Honk Kong can be kind of fun and cool. The Mandarin from the People's Republic are just waiting for the right moment to round us all up and put us in death camps.
 
Cliffy
Free Thinker
#30
Quote: Originally Posted by Curious Cdn View Post

No, it's Mandarin, around here. The Cantonese from Honk Kong can be kind of fun and cool. The Mandarin from the People's Republic are just waiting for the right moment to round us all up and put us in death camps.

That would be such a awaste. We could feed a few of them.
 

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