37 Comments
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Joseph Senior's avatar

I believe we have been in a recession for a long while.

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Ol Hickory's avatar

https://fred.stlouisfed.org/series/T10Y2Y/#

The yield curve looks exactly like it did in late 2007. We are T minus one year away from another Great Financial Crisis. This one will be greater than the first.

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Dan's avatar

And where was the 10/2yr yield curve 2 years ago?

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Ol Hickory's avatar

Deeply inverted, like it was in 2006

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Dan's avatar

But no recession two years ago, why?

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Ol Hickory's avatar

Because the recession happens after the inversion…just like 2006-2008. Did you actually look at the chart I linked?

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Dan's avatar

So a two year delay?

Than what happens two years ago determines a recession if we get one!

Got it!

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Dan's avatar

You were sounding the alarm of a possible recession back then right?

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Right Side of History's avatar

Red or blue they all lie to you.

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Kevin's avatar

agree with dirt biker, liar liar, pants on fire........

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Rich's avatar

He is doing his job, as are all the criminal actors playing their part in this genocidal extravaganza.

All lies, all the time, is their motto, in order to keep the sheeple on a leash of fear, control, and destruction.

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Aj's avatar
Mar 13Edited

If I recall correctly, former President JoeTard and the lapdog media looked us all in the eye approximately 2 years ago and said we weren’t in a recess despite the fact that we had 2 consecutive quarters of negative growth. They redefined the definition of recession to suit there needs. We live in an Empire of Lies.

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C Houde's avatar

Yeah, right...& I've got a nice, yet unbuilt, fucking bridge to sell him.

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Marc Baker's avatar

Let's see. Hmmm. Can't find buyers for worthless treasuries. That's way more important than the fake rigged numbers.

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Aj's avatar

The Federal Reserve is buying most of the UST’s with the fiat they create out of thin air. Just like magic, they type digits on a computer screen. EZ PEAZY.

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Marc Baker's avatar

That's what I was implying since no one else wants that garbage. It's only safe if backed by something that is outside the paper system.

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Leonard Scott's avatar

His comment is transitory!

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Ron's avatar

He is an optimist. Trained by Bagdad Bob. No debt limit!

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Richard Lee's avatar

He relies on the numbers. The numbers are retrospective and made up or fudged. In aggregate, there may not appear to be a recession as the rich get richer, the middle class get poorer and the poor are unfortunately left to suffer silently.

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Richard Carey's avatar

They say, when things get serious you, have to lie.

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CAPT33's avatar

The way in which you ask; and provide available answers shows you are skewed a certain way.

KEEP IT UNBIASED AND NON OPINIONATED!

Trump is doing what needs yo be done- ripping off the bandaid!

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Thetech's avatar

We've been in a recession for at least the past year, just no one wants to admit it.

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donald brasie's avatar

They know what is going on. Their is no accountability from anyone these days, so this doesn't surprise me. Recessions can be good, removing the waste and zombie companies.

Silver & Gold are looking great today

Don Brasie

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Dan's avatar

Greg,

Why has the 10/2yr yield curve reached almost 1980 levels a few years ago but we never had a recession?

Tnx dan

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