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#1011159 - 06/28/19 05:43 PM Re: Trump—current events. **** [Re: Lucky Louie]
BroodBuster Offline
River Nutrients

Registered: 07/11/04
Posts: 3113
Loc: Bothell, Wa
Than Trump? Wow!

That’s a lot of spending.

Wish I could afford to get rich from all that spending.

This election is so [Bleeeeep!] up even Rich couldn’t think it up.
_________________________
"Government does not solve problems; it subsidizes them." Ronald Reagan

"The trouble with Socialism is that you eventually run out of other people's money." Margaret Thatcher.

"How fortunate for governments that the people they administer don't think." Adolf Hitler

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#1011226 - 07/01/19 12:54 PM Re: Trump—current events. [Re: Lucky Louie]
Dan S. Offline
It all boils down to this - I'm right, everyone else is wrong, and anyone who disputes this is clearly a dumbfuck.

Registered: 03/07/99
Posts: 17149
Loc: SE Olympia, WA
In the news today - the yield curve has been inverted for 3 straight months - a fairly strong indicator of a recession coming.

What do you think, Hank? Has Fox News told you what you should think about this yet?

Seems a bit ominous to me.
_________________________
She was standin' alone over by the juke box, like she'd something to sell.
I said "baby, what's the goin' price?" She told me to go to hell.

Bon Scott - Shot Down in Flames

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#1011231 - 07/01/19 05:24 PM Re: Trump—current events. [Re: Lucky Louie]
Jason Beezuz Offline
My Waders are Moist

Registered: 11/20/08
Posts: 3440
Loc: PNW
I just checked the weather. Its nice out! Nytimes is covering global news. Mostly Hong Kong. Dont see the Trump name at all. Fox News has all stories about “liberal anger”. Typical July weather.
_________________________
Maybe he's born with it.

Maybe it's amphetamines.

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#1011232 - 07/01/19 05:34 PM Re: Trump—current events. [Re: Lucky Louie]
5 * General Evo Offline
Lord of the Chums

Registered: 03/29/14
Posts: 6829
_________________________
BLM IS A TERRORIST ORGANIZATION
ANTIFA IS A TERRORIST ORGANIZATION


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#1011233 - 07/01/19 05:54 PM Re: Trump—current events. [Re: Lucky Louie]
Jason Beezuz Offline
My Waders are Moist

Registered: 11/20/08
Posts: 3440
Loc: PNW
That is the Times in print, and that is news. Thats not my point. Im talking the live news.
_________________________
Maybe he's born with it.

Maybe it's amphetamines.

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#1011237 - 07/01/19 06:41 PM Re: Trump—current events. [Re: Lucky Louie]
Dan S. Offline
It all boils down to this - I'm right, everyone else is wrong, and anyone who disputes this is clearly a dumbfuck.

Registered: 03/07/99
Posts: 17149
Loc: SE Olympia, WA
Nothing on the yield curve, then?
_________________________
She was standin' alone over by the juke box, like she'd something to sell.
I said "baby, what's the goin' price?" She told me to go to hell.

Bon Scott - Shot Down in Flames

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#1011239 - 07/01/19 09:29 PM Re: Trump—current events. [Re: Dan S.]
NickD90 Offline
Shooting Instructor for hire

Registered: 10/26/10
Posts: 7260
Loc: Snohomish, WA
Originally Posted By: Dan S.
Nothing on the yield curve, then?



Not from the ballwashers - no. From me - yeah. Opinion: that is not good.

Saw an article today that 1/3rd of households are cutting back on spending. That's also not good. Lots of CEO's talking about slowing down the pace of hiring too. Lots of "alternative" plans are being made right now to "weather the storm" so-to-speak and I'll leave it at that.

The market is BS and not a real indicator. 90%+ is on volume trading autopilot making very few boatloads of money. MFG and durable goods indices are down. Add in a trade war and look out!

Just in time for 2020. What a chit show the next couple of years is going to be.
_________________________
“If the military were fighting for our freedom, they would be storming Capitol Hill”. – FleaFlickr02

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#1011240 - 07/01/19 09:35 PM Re: Trump—current events. [Re: Lucky Louie]
stonefish Offline
King of the Beach

Registered: 12/11/02
Posts: 5206
Loc: Carkeek Park
Kitchen remodel futures are up.
Hank’s frequent trips to Homo Depot are driving the economy.
_________________________
Go Dawgs!
Founding Member - 2023 Pink Plague Opposition Party
#coholivesmatter

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#1011242 - 07/01/19 09:40 PM Re: Trump—current events. [Re: Lucky Louie]
NickD90 Offline
Shooting Instructor for hire

Registered: 10/26/10
Posts: 7260
Loc: Snohomish, WA
Yeah, but the sports gambling industry has taken a $700 hit.
_________________________
“If the military were fighting for our freedom, they would be storming Capitol Hill”. – FleaFlickr02

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#1011251 - 07/02/19 08:34 AM Re: Trump—current events. [Re: Lucky Louie]
Snake Pliskin Offline
Bead

Registered: 02/13/03
Posts: 1206
Loc: Duvall
Hey Nick, did you channel Rich G and become a predictor of the world ending? Lighten up dude. "1/3 of households are spending less?" Does that mean the other 2/3 are spending more? Spending less? My clients are pulling money out of their investments at an all-time high rate and for what? Fun baby. Got to go to Egypt and ride camels or to Ireland to drink Guinness for the weekend. They look for ways to spend their money.

When kids in my community turn 16 they don't take the bus to school, because mommy and daddy buy them new Infiniti's or Mercedes.
There might be an adjustment with the economy, but it will rally again, like it always does.

It might be good for all of us to be inconvenienced financially for a while to know the true value of hard work, earning something and paying for it yourself.
_________________________
Bless our troops.

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#1011253 - 07/02/19 09:16 AM Re: Trump—current events. [Re: Snake Pliskin]
Steelheadman Offline
River Nutrients

Registered: 03/15/99
Posts: 4214
Loc: Poulsbo, WA,USA
Donald Trump is the new Bill Clinton.

Trump accused of rape.
_________________________
I'd Rather Be Fishing for Summer Steelhead!

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#1011257 - 07/02/19 10:47 AM Re: Trump—current events. [Re: ]
Paul Smenis Offline
Repeat Spawner

Registered: 08/02/12
Posts: 1052
Loc: In a drift boat...
Originally Posted By: Hankster
Bla Bla Bla same old garble garble






Just take the hint and fuk off already.
_________________________
YOUR MOTHER IS A TULE!


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#1011261 - 07/02/19 11:24 AM Re: Trump—current events. [Re: ]
stonefish Offline
King of the Beach

Registered: 12/11/02
Posts: 5206
Loc: Carkeek Park
Originally Posted By: Hankster


*Gold surged more than 7% in June, its biggest gain since June 2016.



You are a total dumbfuck.....
SF
_________________________
Go Dawgs!
Founding Member - 2023 Pink Plague Opposition Party
#coholivesmatter

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#1011265 - 07/02/19 11:51 AM Re: Trump—current events. [Re: Lucky Louie]
5 * General Evo Offline
Lord of the Chums

Registered: 03/29/14
Posts: 6829
so RICH was right about the gold...
_________________________
BLM IS A TERRORIST ORGANIZATION
ANTIFA IS A TERRORIST ORGANIZATION


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#1011267 - 07/02/19 12:25 PM Re: Trump—current events. [Re: Lucky Louie]
Dan S. Offline
It all boils down to this - I'm right, everyone else is wrong, and anyone who disputes this is clearly a dumbfuck.

Registered: 03/07/99
Posts: 17149
Loc: SE Olympia, WA
Fox News apparently has no talking points on the inverted yield curve, so therefore Hank can't give "his" opinion on it.

It's a bad sign, even if some folks want to pretend it isn't. Not a sure sign of an upcoming recession, but it's a pretty strong indicator.

This should add some more drama to the upcoming election.
_________________________
She was standin' alone over by the juke box, like she'd something to sell.
I said "baby, what's the goin' price?" She told me to go to hell.

Bon Scott - Shot Down in Flames

Top
#1011280 - 07/02/19 10:07 PM Re: Trump—current events. [Re: Snake Pliskin]
NickD90 Offline
Shooting Instructor for hire

Registered: 10/26/10
Posts: 7260
Loc: Snohomish, WA
Originally Posted By: Snake Pliskin
Hey Nick, did you channel Rich G and become a predictor of the world ending? Lighten up dude. "1/3 of households are spending less?" Does that mean the other 2/3 are spending more? Spending less? My clients are pulling money out of their investments at an all-time high rate and for what? Fun baby. Got to go to Egypt and ride camels or to Ireland to drink Guinness for the weekend. They look for ways to spend their money.

When kids in my community turn 16 they don't take the bus to school, because mommy and daddy buy them new Infiniti's or Mercedes.
There might be an adjustment with the economy, but it will rally again, like it always does.

It might be good for all of us to be inconvenienced financially for a while to know the true value of hard work, earning something and paying for it yourself.


No not at all. I'm good. Just pointing out that some key indicators for potentially rough waters are starting to pop up here and there. It doesn't mean anything good or bad - will or will not happen. I make no predictions and I'm not really worried at all - mostly because I have little money to lose! I totally agree with you regarding your last sentence. Peace,
_________________________
“If the military were fighting for our freedom, they would be storming Capitol Hill”. – FleaFlickr02

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#1011296 - 07/03/19 09:52 AM Re: Trump—current events. [Re: Dan S.]
Steelheadman Offline
River Nutrients

Registered: 03/15/99
Posts: 4214
Loc: Poulsbo, WA,USA
Originally Posted By: Dan S.
Fox News apparently has no talking points on the inverted yield curve, so therefore Hank can't give "his" opinion on it.

It's a bad sign, even if some folks want to pretend it isn't. Not a sure sign of an upcoming recession, but it's a pretty strong indicator.

This should add some more drama to the upcoming election.


I don't think Hank understands economics. The inverted yield curve shows that longer term bonds are yielding less than short term bonds. It's been this way 3 months in a row. Heading to a recession in another year.
_________________________
I'd Rather Be Fishing for Summer Steelhead!

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#1011299 - 07/03/19 10:23 AM Re: Trump—current events. [Re: Snake Pliskin]
Jason Beezuz Offline
My Waders are Moist

Registered: 11/20/08
Posts: 3440
Loc: PNW
Originally Posted By: Snake Pliskin
Hey Nick, did you channel Rich G and become a predictor of the world ending? Lighten up dude. "1/3 of households are spending less?" Does that mean the other 2/3 are spending more? Spending less? My clients are pulling money out of their investments at an all-time high rate and for what? Fun baby. Got to go to Egypt and ride camels or to Ireland to drink Guinness for the weekend. They look for ways to spend their money.


Do your clients represent average Americans? I doubt it if they are looking for ways to blow money and traveling to Egypt.


Originally Posted By: Snake Pliskin
When kids in my community turn 16 they don't take the bus to school, because mommy and daddy buy them new Infiniti's or Mercedes.
There might be an adjustment with the economy, but it will rally again, like it always does.


It sounds like you live in a wealthy community that does not represent the average for America. It doesn’t “always” rally, it can go very bad. Just because it hasn't for a long time doesn't mean it wont.

Originally Posted By: Snake Pliskin
It might be good for all of us to be inconvenienced financially for a while to know the true value of hard work, earning something and paying for it yourself.


Absolutely. So will you thank Trump for teaching us a hard lesson if his tariffs kill the golden goose?
_________________________
Maybe he's born with it.

Maybe it's amphetamines.

Top
#1011308 - 07/03/19 10:51 AM Re: Trump—current events. [Re: ]
Dan S. Offline
It all boils down to this - I'm right, everyone else is wrong, and anyone who disputes this is clearly a dumbfuck.

Registered: 03/07/99
Posts: 17149
Loc: SE Olympia, WA
Originally Posted By: Hankster
Originally Posted By: Steelheadman

I don't think Hank understands economics. The inverted yield curve shows that longer term bonds are yielding less than short term bonds. It's been this way 3 months in a row. Heading to a recession in another year.

Did Paul Krugman tell you that?

When he said the markets would never recover when they took a dive after Donny Two Scoops was elected you were in total agreement.

Two things I know about recessions are:

1. When they happen when a Republican is in the White House it's the Republicans' fault.

2. When they happen when a Demotard is in the White House it's the Republicans' fault.


Pay your bet, you fuckin' thief.
_________________________
She was standin' alone over by the juke box, like she'd something to sell.
I said "baby, what's the goin' price?" She told me to go to hell.

Bon Scott - Shot Down in Flames

Top
#1011312 - 07/03/19 11:30 AM Re: Trump—current events. [Re: ]
FleaFlickr02 Offline
River Nutrients

Registered: 10/28/09
Posts: 3314
Originally Posted By: Hankster


Two things I know about recessions are:

1. When they happen when a Republican is in the White House it's the Republicans' fault.

2. When they happen when a Demotard is in the White House it's the Republicans' fault.


Recessions are the inevitable outfall from years of using BS justifications and speculation to artificially stimulate the economy. The recession comes when we can no longer hide the reality of what has actually been happening over the prior 7-10 years (on average).

This is shaping up just like 2008. The Fed just lowered interest rates in the usual, telltale attempt to prop up home sales before the bubble pops. Meanwhile, the only ones taking advantage are wealthy people investing in rental properties so they can screw over the people who can't afford a mortgage (or are too smart to enter into one with homes at peak value) with inflated rental rates.

This, too, shall pass, and yet another recession will follow. Same $hit....

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