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Thread: Recession ahead? Dow, stocks tank on fears that bond market signals a downturn

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    Recession ahead? Dow, stocks tank on fears that bond market signals a downturn

    While I hope this isn't true, we have to consider that it happened back in 2008 so it stands to reason that it's a distinct possibility that a recession is looming above us. The market tanked today dropping over 800 points; normally I'd say it is just an adjustment however given several factors which they are talking about on the media outlets, it appears that this could be a reality we might have to face.


    Is a recession coming? Wall Street sure thought so Wednesday.
    The Dow lost 800 points, posting its worst percentage drop of the year while the Standard & Poor's 500 and the Nasdaq each lost about 3%.
    Worrying economic indicators from overseas coupled with an ominous signal in the bond market sent stocks into a tailspin.
    “There was this realization that the rest of the globe is slowing faster than people expected, which leads to part two, the yield curve inverting for the first time since the financial crisis,” said Ryan Detrick, senior market strategist for LPL Financial. “That, historically, occurs ahead of a recession.”

    https://www.usatoday.com/story/money...ff/2010009001/
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    There is always a recession ahead. It is like climate change. And the usual suspects are involved.

    I lost more than 10K today. I will make it all back tomorrow.
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    Quote Originally Posted by gamewell45 View Post
    While I hope this isn't true, we have to consider that it happened back in 2008 so it stands to reason that it's a distinct possibility that a recession is looming above us. The market tanked today dropping over 800 points; normally I'd say it is just an adjustment however given several factors which they are talking about on the media outlets, it appears that this could be a reality we might have to face.


    Is a recession coming? Wall Street sure thought so Wednesday.
    The Dow lost 800 points, posting its worst percentage drop of the year while the Standard & Poor's 500 and the Nasdaq each lost about 3%.
    Worrying economic indicators from overseas coupled with an ominous signal in the bond market sent stocks into a tailspin.
    “There was this realization that the rest of the globe is slowing faster than people expected, which leads to part two, the yield curve inverting for the first time since the financial crisis,” said Ryan Detrick, senior market strategist for LPL Financial. “That, historically, occurs ahead of a recession.”

    https://www.usatoday.com/story/money...ff/2010009001/
    Economists have been suggesting this for some time now.
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    I think the markets are just reacting to the trade war with China. It is not a signal that the US is entering a recession. The US T-bill is one of the few safe places to put your money - Euro markets have negative interest rates in their markets (to include bonds).
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    I dont think one is ahead I of course could be wrong. But I think the world economy is to strong and the drop in the down is a reaction to the tarriffs and china dealing with hong Kong.
    Both tempory situations

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    Quote Originally Posted by bulletbob View Post
    I dont think one is ahead I of course could be wrong. But I think the world economy is to strong and the drop in the down is a reaction to the tarriffs and china dealing with hong Kong.
    Both tempory situations
    Euro markets are not strong. They have negative interest rates. You pay the banks to save your money in them. Some of their bond markets now have negative interest rates.

    So long as T-Bills stay above 0% interest these people will put their money there for want of a better option.
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    Quote Originally Posted by Peter1469 View Post
    Euro markets are not strong. They have negative interest rates. You pay the banks to save your money in them. Some of their bond markets now have negative interest rates.

    So long as T-Bills stay above 0% interest these people will put their money there for want of a better option.
    Euro markets are SOCIALIST overall and there is the issue

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    Quote Originally Posted by bulletbob View Post
    Euro markets are SOCIALIST overall and there is the issue
    Socialist? The public ownership of the means of production?
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    I would say it dropped because of all the talk about the bond yield and all the talk in the media about a recession. All the bond yield tells us is that short term rates are too high.
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    Quote Originally Posted by Hoosier8 View Post
    I would say it dropped because of all the talk about the bond yield and all the talk in the media about a recession. All the bond yield tells us is that short term rates are too high.
    The market knows that the media's reporting on this is untrue, although I have heard correct reporting today.
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