Dow drops 800. Yield curve inverted. Trump immediately blames someone else.

LehighND 7534 posts Original UHND Member

Posted 4:32 pm on Aug 14, 2019

-1

I've just never seen leadership like this.

Are you kind?

Replies 70

Dow drops 800. Yield curve inverted. Trump immediately blames someone else. LehighND 4:32pm · 8/14/19
- Disgraceful Nigel Tufnel 8:15am · 8/15/19
  - His instincts are correct. His mouth is a fire hose of BS and narcissism. If he would STFU it would PBHangingChad 9:28am · 8/15/19
    - His instincts are shit. Chris94 10:48am · 8/15/19
      - He got elected. His policies are good. His own words betray himNT PBHangingChad 12:10pm · 8/15/19
        
        His political instincts are obviously great. Economic instincts...not so much.NT Chris94 12:12pm · 8/15/19
        
        Please explain. Don’t tell me about his stupid commentsNT PBHangingChad 12:17pm · 8/15/19
        
        He is a protectionist Chris94 12:53pm · 8/15/19
        
        Real protectionism has never really been tried. NedoftheHill 1:20pm · 8/15/19
        
        Like most govt interference it ends up bad. In the short term, I guess you can make an Frank L 1:30pm · 8/15/19
      - The trade wars are easy to win comment may really haunt him. Frank L 11:14am · 8/15/19
        
        Read my post again. We need to take on China he knows that. If he shuts his mouth it will workNT PBHangingChad 12:12pm · 8/15/19
        
        What do you mean take on China? In an all existential trade war right now? Frank L 1:15pm · 8/15/19
        
        I hate latching onto a soundbite, though. LehighND 11:18am · 8/15/19
        
        Campaigns are sound bites. And that one was no gaffe. He believed it. Frank L 11:25am · 8/15/19
        
        OK, so now I'm curious. Which soundbite are you guys talking about. NedoftheHill 12:06pm · 8/15/19
        
        "Trade wars are easy to win." LehighND 12:46pm · 8/15/19
        
        It was an honest question. Not trying to trap you. I don't follow Trump's tweets. NedoftheHill 1:14pm · 8/15/19
        
        Jumping in I acknowledged he’s a dope. But I still insist the policy of taking on China now is sound PBHangingChad 12:50pm · 8/15/19
        Continue 1 reply
- There is no such thing as leadership. Curly1918 10:29pm · 8/14/19
  - Actually I dont think that is true for Trump WoodstockIrish 10:48am · 8/15/19
- you have for the last 60 yearsNT Hank the Tank 10:03pm · 8/14/19
  - No. I really haven't. LehighND 10:39pm · 8/14/19
- if only the rich benefit from the market, should the 99% rejoice?NT WestCoastIrishFan 6:26pm · 8/14/19
  - Uhm no. The rich benefit the most by many times. Lots of pension and institutional money there, Frank L 6:31pm · 8/14/19
    - be sure to share your perspective with your liberal friendsNT WestCoastIrishFan 6:49pm · 8/14/19
      - I’m a sharing person. Just the way I roll. All are entitled to my views.NT Frank L 7:53pm · 8/14/19
- Yadda yadda this is a continuation of Obama's economy except when the Dow drops. Cole 5:56pm · 8/14/19
  - Indeed. Trump has enjoyed the fruits of the Obama Recovery Wave. conorlarkin 7:24pm · 8/14/19
  - Au contraire. There is a lot of good economic discussion going on here. LehighND 6:05pm · 8/14/19
    - Yes, we recovered from your first post starting this thread.NT Cole 9:21am · 8/15/19
- Money is pouring into the US since most of Europe and Japan have negative bond ratesNT PBHangingChad 5:42pm · 8/14/19
  - How does that relate to today's sell-off.NT LehighND 5:49pm · 8/14/19
    - See my response below. At 1.6 on the US 10 yr money flowing into the US pushing dollar higher PBHangingChad 5:54pm · 8/14/19
      - How does that relate to today's sell-off.NT LehighND 5:57pm · 8/14/19
        
        Because it’s contagion that will reduce US corporate revenues as the world slides into a recession PBHangingChad 6:05pm · 8/14/19
        
        I think I get it.NT LehighND 6:11pm · 8/14/19
        
        There are great US companies that meet our consumer demand. Export companies will get hurt. Dollar PBHangingChad 6:14pm · 8/14/19
        
        Good stuff. LehighND 10:44pm · 8/14/19
    - Bonds up stocks down.NT Frank L 5:50pm · 8/14/19
      - That's where I get confused. LehighND 5:56pm · 8/14/19
        
        It seems complicated but it isn’t. Right now we are the safest place to park their cash. Frank L 6:34pm · 8/14/19
        
        That's not the tricky part LehighND 9:39pm · 8/14/19
        
        Because when the bond market goes up, stocks go down. They aren’t interested in investing in Frank L 8:46am · 8/15/19
        
        Let's look at it like a math problem. LehighND 11:25am · 8/15/19
        
        Because bonds are always seen as a safe haven when there is a bear market. Frank L 11:30am · 8/15/19
        
        It’s about algorithms. Computers sell a reverse yield signal. Look at Qtr returns for US company’s. PBHangingChad 6:08pm · 8/14/19
- Fun fact - there are like nine states who will be near bankruptcy even if a mild recession hits usNT Hank Scorpio 4:59pm · 8/14/19
  - This is the problem. There’s no cushion this time. We are QE, easy money tapped out.NT Frank L 5:01pm · 8/14/19
    - May have to go back to Obama’s zero rate environmentNT PBHangingChad 5:43pm · 8/14/19
      - We aren’t that far off of it already. A decent, growing economy should be able to absorb mild rate Frank L 5:45pm · 8/14/19
        
        Have you been watching what’s going on in EU countries, Japan, China, Argentina? PBHangingChad 5:52pm · 8/14/19
- He doesn't lead. He watches Fox and he tweets.NT golfernot 4:44pm · 8/14/19
  - While I totally agree... I feel that leadership is a myth Curly1918 10:19pm · 8/14/19
- Would it be something if a POTUS had a press conference after something like that: "It's my fault."NT NedoftheHill 4:36pm · 8/14/19
  - Baron could write an honest speech for him that would be defensible and noble. LehighND 4:40pm · 8/14/19
    - The trade war didn’t cause this. Germany and others are in a recession with negative yieldsNT PBHangingChad 5:45pm · 8/14/19
      - Those negative yields didn't just happen today.NT LehighND 5:50pm · 8/14/19
        
        Did something happen in the tradewar today?NT NedoftheHill 10:03pm · 8/14/19
        
        Apparently so. Germany went into recession.NT LehighND 10:36pm · 8/14/19
        
        No the German economic data on Monday confirmed they are in a recession PBHangingChad 5:58pm · 8/14/19
        
        How does that relate to today's sell-off.NT LehighND 6:02pm · 8/14/19
        
        Look at some of my posts above. We are the cleanest shirt in a dirty laundry basket. But their dirt PBHangingChad 6:10pm · 8/14/19
        
        Let's hope our rates are high enough to be able to cut them adequately. LehighND 6:14pm · 8/14/19
        
        Our rates are still on the positive side but not by much. Still better than being negative. PBHangingChad 6:18pm · 8/14/19
      - Maybe not caused. But it has contributed. A lot of this is confidence or lack thereof. Frank L 5:49pm · 8/14/19
        
        I’ll grant you his stupid and mostly idiotic texts are not helping. Like calling off the tariffs a PBHangingChad 6:00pm · 8/14/19
    - Pretty good. But too many big words for Orange. golfernot 4:49pm · 8/14/19
- Some numbers:Link Chris94 4:35pm · 8/14/19
  - Bush.NT Cole 5:52pm · 8/14/19

View Full Conversation