Dow tumbles 800 points after bond market flashes a recession warning

Jul 2014
14,706
8,965
massachusetts
#3
When Tom Brady set a record for touchdown passes in a season, I was happy my team had a QB at the top of his game, when he set the record for most Superbowl wins, I felt a little sad, because he is at the end of his career.
This is now the longest expansion ever, that means it's near the end.
It's taking a trillion a year in stimulus to keep it going, that can't last. We are part of an integrated world economy, and while that world economy has performed well for the last decade, there are some big bumps in the road ahead, brexit and trade wars.
And when it does start to sputter, we don't have much left in the tank to get us out of the coming recession.
 
Likes: imaginethat
Oct 2010
67,701
27,589
Colorado
#4
When Tom Brady set a record for touchdown passes in a season, I was happy my team had a QB at the top of his game, when he set the record for most Superbowl wins, I felt a little sad, because he is at the end of his career.
This is now the longest expansion ever, that means it's near the end.
It's taking a trillion a year in stimulus to keep it going, that can't last. We are part of an integrated world economy, and while that world economy has performed well for the last decade, there are some big bumps in the road ahead, brexit and trade wars.
And when it does start to sputter, we don't have much left in the tank to get us out of the coming recession.
Germany just posted negative growth.
 
May 2018
3,954
2,926
USA
#7
A recession during a Republican Administration? No wai!

~~


if you like heart attacks, you can watch the DOW trade in real time here

Cnbc @CNBC
And after a massive, and totally unnecessary, tax giveaway of American tax dollars to the corporations and the wealthy, no less!

Republicans are so incompetent even when they give out huge tax breaks their mismanagement elsewhere totally destroys whatever tiny positives the cut may have had.
 
Dec 2015
17,011
15,944
Arizona
#9
Meanwhile, back in Seniorville, the Greatest Generation and Baby Boomers are discussing the fact that WE MAY outlive our money--no matter how much we've got tucked away.
The Domino Effect begins.
MAGA!
 
Aug 2019
115
101
Albuquerque, NM
#10
The cycle will continue. Idiot republicans taking credit for an inherited strong economy, Republican ruining it but timed so when the next dem is president they will get a garbage economy and the idiots will blame the dem president, they will fix it, next republican president takes over and takes credit and tanks the economy again. Same stupid cycle
 
Likes: se7en

Similar Discussions