This graph makes a lot of people nervous Why? It appears to predict that America is about to go into recession It’s based on an economic indicator called the yield curve So if you care about the economy, you should probably care about… …what’s going on with the yield curve That’s Alice Fulwood, The Economist’s Wall Street correspondent And the reason people get sort of so het up about this… …is that each time the yield curve has inverted… …it has immediately preceded a recession in America In fact only on one occasion in the last 70 years has there been a false alarm And here’s the thing… It inverted in March of this year So what is it about this curve… …that seems to make it such a good indicator… …of where the economy is heading? The line illustrates the return, or yield… …investors get from investing in government bonds… …from short-term investments on the left… …to longer-term ones on the right Usually the longer the time frame the higher the interest rate… …as investors demand a bigger return… …if they’re to lock their money up for longer However, if investors fear the economy is slowing down… …then the long-term rates can drop below short-term rates… …the curve inverts So when the yield curve inverts something strange is going on Here’s why When the outlook is gloomy investors are more likely to buy safe assets… …like long-term bonds, pushing their price up… …so the interest rate for holding them falls Higher bond prices are also a signal… …that there are fewer exciting investment opportunities elsewhere… …such as the stockmarket Of course there are plenty of other indicators you could look at… …to get a sense of what’s happening to the economy A lot of people look at the stockmarkets Survey data—so you can go out and ask businesses what they feel You can look at consumer behaviour You could also look at sort of various metal prices like… …if copper prices are very high Copper is an industrial metal it implies that… …lots of manufacturing companies are buying copper to make goods Then there’s the rate of change in unemployment… …which correlates closely with recessions And even monitoring the number of times that newspapers… …publish the word “recession” can help to anticipate a downturn But bear in mind that when you’re trying to predict a downturn… …you’re often trying to get a read on people’s expectations… …of where the economy is heading… …which is why that curve is so useful Everyone invests in the US Treasury market… …from the Chinese central bank to pension funds in Canada and Europe… …hedge funds in America Everyone is exposed to and invests in the US Treasury market So if you’re looking for an aggregate opinion of everyone in the world… …what they think might happen to the US economy… …and by extension the global economy… …you’d be very hard pressed to find something more important to look at… …than the Treasury market and the yield curve But these are extraordinary times for the US economy Which is always a dangerous thing to say… …but it really could be different this time The US economy has undergone a lot of very experimental… …and sort of extraordinary monetary policy over the last ten years In particular people highlight quantitative easing Quantitative easing was a policy followed by the Federal Reserve… …to stimulate the economy after the 2008 financial crisis The Treasury bought companies’ debt to reduce long-term interest rates Some experts believe it’s distorted the yield curve And some people argue that that means that long-term interest rates… …can’t quite signal what they used to in the past They’re no longer this sort of clean… …look at what investors are thinking about growth and inflation… …because quantitative easing and that process has sort of… …systematically or fundamentally changed… …what long-term interest rates show you So should investors worry about the inverted yield curve? While you can debate whether… …the yield curve inverting in the US in March of this year… …necessarily means that there will be a recession in the US soon What you probably can say is that… …it’s not a great signal that growth next year will be strong The flattening that’s taken place over the last year… …suggests that growth should slow from 3% next year to 2% In other words predicting America’s next recession… …just got a little harder But the indicators… …are starting to flash red

62 thoughts on “Does this line predict America’s next recession? | The Economist”

  1. The Democrats will do everything in their power to try either start a recession or make the voters believe we r in one. See democrat doesn’t care about America only to weaken her so they can take control.

  2. ALELUIA they need to taste life has it is….Not only printing money and gaining 10x then others in the world.(Sad thing is….Normaly when they go banrupt ,1 world war Cames to History)…Did any of you ever heard about American Goverment going IMF style?

  3. Any retarded person can see thungs are booming like ctrazy. Trump is signing a trade deal with Canada & Mexico that is the biggest trade deals ever done! This bs of a recession is nutty as frigging hell! This show is rigged. LOL! By the way, Trump is going to win, Trump is going to win, Trump is going to win, take that you crybaby bas !!!!!!!!!!!!!!!!!!!!!!!

  4. Bring on the recession! I’ve been buying up property since i was 25. Almost got burned by the 2008 recession but i survived. Now i’m in a great financial position. Going to buy more property when this next one hits

  5. People already started switching their investment portfolio from liabilities to assets.The gold prices are rising gradually from march 2019.Right now in august the recession is ongoing. How long does this recession going to last and at what point of time do you think the dire effects will be at its peak?

  6. Modern economies are parasitic and rely on things like consumption and a quick-buck to be growing (in the last decade it's been big tech delocalising in China and selling at a margin in the West).
    It's inevitable that there will be recessions and even depressions. Has happened a number of times in history already.
    The best advice I can give anyone is to ignore all this and build a career where you actually help people.
    The medical/paramedical sector is good, creating or fixing things is good, etc. Because realise that what people call a depression or recession is simply the economy cutting unneeded jobs from it (like investment banker for example). People will always need to eat good food or go to the doctor or get something fixed like their car or computer. Worst thing one can do is work in that growth economy, in a sector that can disappear overnight because humanity doesnt actually need it.

  7. Right now, today, it is possible to influence the direction of economies with perception, and it appears that the political left in the United States wants to force the economy into recession as a political weapon against the sitting President. The shortsightedness of this is staggering, because the world is already economically stressed, and forcing down the U.S. will pull down the rest of world even more. Stop playing political games. Enough already.

  8. This line ? No, it is a Kondratiev wave. Or any other hypothesis that is used to find a mathematical correlation. The point is, there is no causal correlation.

  9. If the recession occurs, it will be because Millennials didn’t take correct jobs, took too much vacation time and focused on social media and video games instead of hard work. We knew this back when they voted for Obama. President Trump needs to handle these kids and rein them in before they sabotage the economy.

  10. China if your listening? Trump's Tariffs might help him get pushed out. Now if you can find the PP tape and other dirt on family. Post it on Wiki Leaks.. We love Wiki Leaks..

  11. You can't look at one chart and say: look a recession is coming.
    1. Nobody can predict economic growth or decline.
    2. There are many many many more indicators (such as debt cycles, productivity per capita etc.).
    3. Economies are driven by emotion (including trust in the markets).

  12. The minute that Trump was elected, you could have predicted the next recession… history alone proves this to be true.

    –Use to project future economics of US economy, the difference between Republican and Democrat governing. From: Politics That Work

    -Change in Unemployment Rate by Party of President Since 1945 Each party has held the presidency for the same number of years since 1945. During those years, the unemployment rate has risen 11.8% under Republican presidents and has fallen 7.2% under Democratic presidents. Unemployment has fallen during the overwhelming majority of Democratic years since 1949. Unemployment rose steadily under Republicans up until 1982, then fell during the remaining Reagan years, and then rose again under both Bush Presidents.

    -Dow Jones Performance by the Party of the President During the most recent 15 years during which Republicans have held the presidency, the value of the Dow has increased by 42%. During the Democratic presidencies, it has increased by 609% 14.5 times faster. The average growth in the value of the Dow under Democrats during this period has been 14.75% and under Republicans it has been 5.11%.

    –Change in Disposable Income Since 1930 by the Party of the President In the 44 years that we have had Democratic presidents since 1930, the real per-capita disposable income has increased 271%. During the 40 years during which we have had Republican presidents, it has increased 44%. On average, it has increased 3.1% (after adjusting for inflation) under Democratic presidents and 1% under Republican presidents.

    –YouTube: 2018's stock market gains wiped out

    https://www.youtube.com/watch?v=acLlXAew6mg&t=1s

  13. History shows these men destroyed the democracy of America. Republicans destroying America is in the blood, the people’s blood

    –At a Republican retreat, at the Library of Congress, right before Obama’s 2009 inauguration, Mitch McConnell said:

    “there are enough of us to block the Democratic agenda-as long as they all marched in lockstep.”

    “As long as Republicans refused to follow his (President Obama’s) lead, Americans would see partisan food fights and conclude that Obama had failed to produce change.”

    –January 20, 2009 Republican Leaders in Congress literally plotted to sabotage and undermine U.S. Economy during President Obama's Inauguration. In Robert Draper's book, "Do Not Ask What Good We Do: Inside the U.S. House of Representatives" Draper wrote that during a four hour, "invitation only" meeting with GOP Hate-Propaganda Minister, Frank Luntz, the below listed Senior GOP Law Writers literally plotted to sabotage, undermine and destroy America's Economy.

    –The Guest List:

    Rep. Paul Ryan(R-WI)

    Rep. Eric Cantor (R-VA)

    Rep. Kevin McCarthy (R-CA)

    Rep. Pete Sessions (R-TX)

    Rep. Jeb Hensarling (R-TX)

    Rep. Pete Hoekstra (R-MI)

    Rep. Dan Lungren (R-CA)

    Sen. Jim DeMint (SC-R)

    Sen. Jon Kyl (AZ-R)

    Sen. Tom Coburn (OK-R)

    Sen. John Ensign (NV-R)

    Sen. Bob Corker (TN-R)

    Non-lawmakers present Newt Gingrich

    At the four hour meeting:

    The GOP members plotted to bring Congress to a standstill regardless of how it would hurt the American Economy by pledging to obstruct and block President Obama on all legislation. The republicans killed over 500 pieces of legislation to include their own.

    Koch spends 1 Billion dollars to put the republicans into office to get the Keystone Pipeline approved which doubled their worth to 200 Billion dollars.

    Then the RNC chose 45 as their representative… the destruction continues.

    The Republicans… A wholly owned subsidiary of Koch Industries

  14. Why Trump really wants the wall or Korea nukes or Civil War

    34 years ago, a KGB defector chillingly predicted modern America [BigThink]

    https://bigthink.com/paul-ratner/34-years-ago-a-kgb-defector-described-america-today

    –In 1984, Bezmenov, the KGB defector, gave an interview to G. Edward Griffin from which much can be learned today. His most chilling point was that there's a long-term plan put in play by Russia to defeat America through psychological warfare and "demoralization". It's a long game that takes decades to achieve but it may already be bearing fruit.

    The whole process follows 4-steps:

    STEP 1. Demoralize a nation (15-20 years): Expose your ideology to your nation’s “soft heads”. At the higher stage, the citizens of that country start brainwashing their own countrymen.

    (The Tea Party and the Trump Supporters).

    THE SECRET ORIGINS OF THE TEA PARTY [TIME]

    How Big Oil and Big Tobacco Partnered with the Koch Brothers to take over the GOP

    http://time.com/secret-origins-of-the-tea-party/

    –“Over the years, Rich Fink, Charles Koch’s political adviser, and his various Koch protégés have occasionally talked publicly about what would be needed to take over one of the two national political parties from the outside and place Libertarian, free-market principles at its center.”

    The Kochs spent a billion dollars of dark money purchasing the republicans and putting them into office.

    The attack by the Russians, the GOP and the Kochs was never meant to sway the entire population of the nation. They knew that approximately 30% of the population would follow like sheep. This had worked in other nations that Putin's KGB propaganda psychology techniques had been used. This was meant to be the Trump's base.

    STEP 2. Destabilization (2-5 years): does not care about your patterns. Essentials are attacked – Defense, Economy and Polity. (Trump,the GOP and the Kochs are attacking the US)

    How Trump Walked Into Putin’s Web [The Guardian]

    https://www.theguardian.com/news/2017/nov/15/how-trump-walked-into-putins-web-luke

    –In June 2016, Steele typed up his first memo. The headline read: US Presidential Election: Republican Candidate Donald Trump’s Activities in Russia and Compromising Relationship with the Kremlin. Its text began: “Russian regime has been cultivating, supporting and assisting TRUMP for at least 5 years. Aim, endorsed by PUTIN, has been to encourage splits and divisions in the western alliance.”

    STEP 3. Crisis (6 weeks): bring a country to crisis in such a way that violent change happens, which is followed by the next stage. (The Faux Southern Border crisis, North Korea Nukes, Trump followers creating civil war if Trump impeached)

    Trump Raises Specter Of Supporters Turning Violent If They Don’t Get Their Way

    https://www.huffpost.com/entry/donald-trump-breitbart-violence-supporters_n_5c8af499e4b0d7f6b0f167a8

    “I have the support of the police, the support of the military, the support of Bikers for Trump,” the president warns… He didn’t define what that “certain point” might be in the Breitbart interview published Tuesday. But the implication was that his supporters would stand for a limited amount of political decisions that they opposed until the “tough people” made things “very, very bad.” Violence by a military opposed to political decisions would be a coup.

    Iowa Congressman Steve King posts red state-blue state civil war meme on Facebook

    https://www.msn.com/en-us/news/politics/iowa-congressman-steve-king-posts-red-state-blue-state-civil-war-meme-on-facebook/ar-BBUTN9m?li=BBnb7Kz

    Republican Iowa Rep. Steve King — no stranger to controversial social media posts — posted a meme on Facebook Saturday, speculating about a potential second civil war in the United States.

    Captioned “Wonder who would win….” along with a smirking emoji, the meme shows a red figure whose body is made up of traditionally conservative states like Texas, Alabama and Georgia punching a blue figure whose torso is California and whose head is Oregon.

    Revealed: Republican lawmaker aided group training young men for 'biblical warfare'

    https://www.msn.com/en-us/news/politics/revealed-republican-lawmaker-aided-group-training-young-men-for-biblical-warfare/ar-AAFMSNt?li=BBnbcA1&ocid=mailsignout

    The Republican politician Matt Shea connected close allies with a group offering training to young men in “biblical warfare” that includes how to use knives, pistols and rifles, with lessons based in part on the teachings of a Georgia-based neo-Confederate pastor, emails obtained by the Guardian reveal.

    Caughran also wrote: “There will be scenarios where every participant will have to fight against one of the most barbaric enemies that are invading our country, Muslims terrorists (sic)”.

    Caughran goes on to detail the group’s training regime, writing that “there will be biblical teaching (some taken from pastor John Weaver’s works) on biblical warfare, the responsibilities, regulations, principles and mindset. So that our young men will be better prepared to fight against physical enemies, and to do so, God’s way and with His blessing”.

    STEP 4. Normalization (infinite period): This is “tongue-in-cheek” and cynical. Because Normalization means adherence of the enemy country to your own ideology. The people who were instrumental in bringing the enemy country to this stage are “lined up against the wall and shot dead”.

    CONSERVATIVES NORMALIZATION OF NATIONALISM.

    –Candace Owens’ Bonkers Take On Nationalism Includes A Defense Of Hitlerhttps://www.huffingtonpost.com/entry/candace-owens-nationalism-hitler_us_5c5dc561e4b0650f4c0d95ec

    –Whenever we say ‘nationalism,’ the first thing people think about, at least in America, is Hitler. You know, he was a national socialist, but if "Hitler just wanted to make Germany great" and have things run well, OK, fine,” she said.

    –Alabama-based League of the South launches Russian-language page to promote 'Southern nationalism'

    https://thehill.com/blogs/blog-briefing-room/news/398195-alabama-based-league-of-the-south-launches-russian-language

    –An Alabama organization designated as a white supremacist hate group by the Anti-Defamation League (ADL) is launching a Russian-language page calling on Russia and the American South to become allies…A letter posted to the League of the South's website first reported by AL.com spoke of natural similarities between Russian culture and the conservative southerners.

    El Paso attack upends white nationalist normalization plan

    https://widerimage.reuters.com/story/el-paso-attack-upends-white-nationalist-normalization-plan

    –Two years ago, America’s white nationalist movement stunned the country. Neo-Nazi demonstrations in Charlottesville, Virginia, had turned deadly when a far-right protester drove a car through a crowd, killing one and injuring dozens. Some movement leaders regrouped. Instead of stoking outrage, they set out to build support with another tack: Looking normal.

    –The larger goal was what many white nationalists call “Phase 2” — gaining mainstream acceptance for far-right ideas widely rejected as repugnant and getting white nationalists into positions of influence. The normalization effort included softened rhetoric and social gatherings that, for many groups, would increasingly replace confrontational rallies.

  15. The republicans are in bed with the russians

    34 years ago, a KGB defector chillingly predicted modern America [BigThink]

    https://bigthink.com/paul-ratner/34-years-ago-a-kgb-defector-described-america-today

    –In 1984, Bezmenov gave an interview to G. Edward Griffin from which much can be learned today. His most chilling point was that there's a long-term plan put in play by Russia to defeat America through psychological warfare and "demoralization". It's a long game that takes decades to achieve but it may already be bearing fruit.

    –Bezmenov made the point that the work of the KGB mainly does not involve espionage, despite what our popular culture may tell us. Most of the work, 85% of it, was "a slow process which we call either ideological subversion, active measures, or psychological warfare."

    –What does that mean? Bezmenov explained that the most striking thing about ideological subversion is that it happens in the open as a legitimate process. "You can see it with your own eyes," he said. The American media would be able to see it, if it just focused on it.

    –Bezmenov described this process as "a great brainwashing" which has four basic stages.

    The first stage is called "demoralization" which takes from 15 to 20 years to achieve.

    According to the former KGB agent, that is the minimum number of years it takes to re-educate one generation of students that is normally exposed to the ideology of its country.

    –Bezmenov was also instructed not to waste time with idealistic leftists, they would become disillusioned, bitter, and adversarial when they realized the true nature of Soviet Communism. He discovered that many such were listed for execution once the Soviets achieved control.

    –Bezmenov was encouraged to recruit from large circulation, established conservative media, rich filmmakers, intellectuals, cynical and egocentric people who lacked moral principles.

    The Russians know exactly what kind of people Trump, the GOP, the Kochs their followers are.

    The whole process follows 4-steps:

    1. Demoralize a nation (15-20 years):Expose your ideology to your nation’s “soft heads”. At the higher stage, the citizens of that country start brainwashing their own countrymen. (The Tea Party and the Trump Supporters) Trump has been discussing the presidency since 1988.

    2. Destabilization (2-5 years): does not care about your patterns. Essentials are attacked – Defense, Economy and Polity. (Trump,the GOP and the Kochs are attacking the US)

    3. Crisis (6 weeks): bring a country to crisis in such a way that violent change happens, which is followed by the next stage. (The Faux Southern Border crisis, North Korea Nukes, Trump followers creating civil war if Trump impeached)

    4. Normalization (infinite period): This is “tongue-in-cheek” and cynical. Because Normalization means adherence of the enemy country to your own ideology. The people who were instrumental in bringing the enemy country to this stage are “lined up against the wall and shot dead”.

  16. The Koch Brothers are my Brother [HP]

    https://www.huffingtonpost.com/peter-dreier/the-koch-brothers-are-my-brothers_b_8292670.html

    –Facing accusations of patent violations, Koch looked abroad, including what was then Stalin-era Russia, where he set up Russia’s oil refineries. After setting up Stalin with refineries, Stalin kicked Koch out of Russia. Back in the US, Koch went about fighting Stalin for payback.

    –The Koch brothers didn’t just inherit their father’s fortune. They also inherited his politics. In 1958, Fred Koch was a founding member of the John Birch Society, the right-wing extremist group that opposed civil rights and claimed that both the Democratic and Republican Parties were infiltrated by the Communist Party. In his 1960 self-published book, A Business Man Looks at Communism, Fred Koch wrote that “The colored man looms large in the Communist plan to take over America,” and that welfare was a secret plot to attract rural blacks and Puerto Ricans to Eastern cities to vote for Communist causes and “getting a vicious race war started.” The John Birch Society helped fuel a wave of hysteria against unions, civil rights groups, intellectuals, public schools, liberal clergy and others whom they considered a threat to America…

    –You can see their father’s words in David Koch’s 1980 presidential campaign platform AND in the actions of the republicans of today. The Koch’s spent a billion dollars to purchase and put the republicans into office. The John Birch Society was instrumental in Trump’s campaign (Politico)

    Here are just a few excerpts of the Libertarian Party platform that David Koch ran on in 1980:

    “Abolish Medicare and Medicaid.”

    “Abolish the Social Security system.

    “Abolish welfare, relief projects, aid to children and ‘aid to the poor’

    “Abolish government regulated schools and compulsory education.”

    “Abolish compulsory insurance/tax-supported health and abortion services.”

    “Abolish the regulation of the medical insurance industry.”

    “Abolish all taxation.”

    “Abolish minimum wage laws.”

    “Abolish the Postal Service.

    “Abolish the Federal Aviation Administration.”

    “Abolish the Consumer Product Safety Commission.”

    “Abolish the Federal Election Commission.”

    “Abolish the Food and Drug Administration.”

    “Abolish the Environmental Protection Agency.”

    “Abolish the Department of Energy.”

    “Abolish the Department of Transportation.”

    “Abolish the Occupational Safety and Health Act.”

    “Abolish all public roads and national highways.”

    “Abolish requiring safety belts, air bags, or crash helmets.”

    “Privatization inland waterways and control of all water

    “Abolish all lending laws.”

    “Abolish all branches of the service except the Army”

    Now, look at what the republicans are doing!

    'Hidden History' Of Koch Brothers Traces Their Childhood And Political Rise [NPR]https://www.npr.org/2016/01/19/463565987/hidden-history-of-koch-brothers-traces-their-childhood-and-political-rise –

    Fred Koch, the patriarch of the family, was an expert in building oil refineries, and he and a friend named William Rhodes Davis proposed building one in Germany during 1934, '35, that period in there. In 1933, Adolf Hitler became chancellor of the Third Reich in Germany, so this meant working under the Third Reich. And in order to get permission, they actually had to go to Hitler himself, and William Rhodes Davis did the "Heil Hitler" to greet Hitler, and finally they got Hitler to greenlight this proposal so that they could build an oil refinery in Hamburg. Koch still loved Nazism, so much so, he employed a Nazi party nanny to raise his children in the US.

    THE SECRET ORIGINS OF THE TEA PARTY [TIME] How Big Oil and Big Tobacco Partnered with the Koch Brothers to take over the GOP

    http://time.com/secret-origins-of-the-tea-party/

    –“Over the years, Rich Fink, Charles Koch’s political adviser, and his various Koch protégés have occasionally talked publicly about what would be needed to take over one of the two national political parties from the outside and place Libertarian, free-market principles at its center.” The Kochs spent a billion dollars of dark money to purchase the republicans and put them into office. The republicans are a wholly owned subsidiary of Koch Industries.

    Trump and the Koch Brothers Are Working in Concert They disagree about trade, tariffs and immigration, but don’t be fooled. Neither side can get what it really wants without help from the other. https://www.nytimes.com/2018/09/06/opinion/trump-koch-brothers-alliance.html

    President Trump and the Koch brothers have made it clear that they don’t like each other. Politically speaking, they are in fundamental disagreement over trade, tariffs and immigration. Nonetheless, there is a functional Trump-Koch alliance, and the Republican Party has capitalized handsomely on it. Trump’s racially freighted, anti-immigrant rhetoric has been essential to persuading white voters to agree to Republicans’ long-sought tax and regulatory policies. These policies are inimical or irrelevant to the interests of low- and moderate-income Americans. They have been promulgated by the Trump administration, but many of them have been meticulously prepared and packaged by the Kochs’ massive political network.

    Take a look at the ALEC, The American Legislative Exchange Council another Koch Industries subsidiary. The ALEC writes legislation and gives it to a republican representative. Without even transferring the legislation to Official Representative Paper, the republican brings it to the floor to be voted on. Corporations are writing legislation via republicans.

    State Legislatures and ALEC: Last Week Tonight with John Oliver (HBO)

    https://www.youtube.com/watch?v=aIMgfBZrrZ8

    Koch Brothers Work to Rig the Courts

    https://www.afscme.org/now/koch-brothers-work-to-rig-the-courts

    The Koch brothers are branching out – to the judicial branch, that is.

    Having funded state-based think tanks and advocacy groups that are designed to write and enact anti-worker, anti-regulatory legislation, the brothers’ latest target is the federal judiciary. The goal is to ensure that the federal bench is full of judges who, for the next few decades, will issue rulings that enrich billionaires and CEOs like the Kochs – at the expense of working people.

  17. Trump against central banks, WW III

    World Bank Whistleblower Reveals How the Global Elite Rules the World [GlobalResearch]

    They want all of us and our governments enslaved to debt and they want all of our politicians addicted to the huge financial contributions that they funnel into their campaigns… the global financial system is dominated by a small group of corrupt, power-hungry figures centered around the privately owned U.S. Federal Reserve.

    Seven countries without a Rothschild-owned Central Bank: Afghanistan, Iraq, Sudan, Libya, Cuba, North Korea, IRAN…

    National Socialist Germany went against the central banks issuing its own money and the bankers arranged for a world war against Germany for Hitler sidestepping the banks by creating his own money and this threatened to spread to other countries. Hitler had to be stopped. [How Hitler Defied the Bankers]

    1963, President Kennedy signed Executive Order 11110, striping the Federal Reserves power power to loan money to the US Federal Government at interest. Instead $4 billion in US Notes were brought into circulation in $2 and $5 denominations. $10 and $20 US Notes were never circulated but were being printed when Kennedy was assassinated.

    US Notes were immediately taken out of circulation … 99% of all U.S. paper "currency" circulating in 1999 are Federal Reserve Notes.

    The High-Stakes Battle Between Donald Trump and the [U.S. Federal Reserve]

    Trump Moves From Trade War to Currency War [European Central Bank
    ]

  18. By America you mean the continent, don't you? Can you tell me to which of the countries in America you are referring to??

  19. what you predict usually not come, and when u r not ready,usually it comes.
    Im sure the inverted yield this time mean no recession because when it shows,gov become ready to anticipate it so the worst not come.

  20. This whole talk about the curve sound to me like a scam set up by the banks for more government handout. Let’s see, I talk shit about the economy, paid the fake news media to talk even more shit about the economy. Economy crashes, I get the government to bail out my bank. We’ve seen this garbage movie before. #WallStScam

  21. Around my industrial street so many warehouses just suddenly became vacant and available in the last 3 months. And this is in southern california.

  22. bear in mind, there will always be a much bigger Ponzi scheme laying underneath that at some point in time will strike in a tremendous economic crisis

  23. Nobody is mentioning the bond bubble that has dragged yields to negative territory in Europe and Japan. That has never happened before.

  24. Putin is getting what he wanted.  Crash and weaken the USA so we will become the United States of Russia and with our Nukes and their and North Korea, they will rule the world

  25. America and Europe are about to head into a correction, it will be brexit that breaks Europe but will be good for the U.K in the long run.
    This will be excellent opportunity to make money.

  26. International capital is fleeing to the USA for refuge and that has inverted the yield curve all by itself. Unfortunately, the economy of the world is so poor it is dragging our economy, and Trump is not responsible for any of this.

  27. Great now they just prolong the inevitable via quantitative easing…where is the common folks "quantitative easing" ? Can I quantitative ease my taxes..!?

  28. Alas, it's so easy for the government the reverse the so-called inverted yield curve, JUST issue more long term bonds, forcing down the price of long term bonds resulting in higher yields for long term bonds…. BIG JOKE!

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