Jump to content

Sign in to follow this  

What evidence is there of an economic crisis?

There are all sorts of things going on right now that would make even the most steadfast non-worrier break a sweat. Michael Snyder outlined 11 of them in this article, but four in particular, are of note.

  • Last week, the “spread between the U.S. 2-year and 10-year yields” turned negative for the very first time in 12 years.  An inversion of the yield curve has occurred prior to every single U.S. recession since the 1950s, and this is one of the most important economic signals that we have seen yet…
  • …Just like we witnessed in 2008, fear and volatility have returned to Wall Street in a major way.  In fact, so far this month we have already seen the 4th and 7th largest single day point declines in U.S. stock market history…
  • …According to the Federal Reserve Bank of New York, the probability that a recession will happen within the next 12 months is now the highest that it has been since the last financial crisis
  • …President Trump is suggesting that the Federal Reserve should cut interest rates by 100 basis pointsand that the Fed should restart quantitative easing as soon as possible.  Both of those moves would be considered to be “emergency measures” that should only happen if a major economic downturn was imminent. (source)


0 Comments


Recommended Comments

There are no comments to display.

Create an account or sign in to comment

You need to be a member in order to leave a comment

Create an account

Sign up for a new account in our community. It's easy!

Register a new account

Sign in

Already have an account? Sign in here.

Sign In Now
  • Similar Content

    • By James Thomas Rook Jr.
      I realize there are many reasons to go to an Assembly, or Convention, and when my children were living at home they would go to others' conventions  for a variety of reasons, as well as their own.
      I would always ask them when they returned home "What did you learn that was new?" .  This was important to me as I had to work long hours to afford to finance their explorations and socialization, which I thought was important ... but I still expected them to learn something new ... and since I was paying for their travels, to tell me what was going on.
      Generally, attendance to an out of town Convention nearby would cost about $200 a day, times three days, so that would be $600.
      Now that I am retired, and my income has been cut by about 80%, it's even MORE important to me to want to get good value for the time and money I would be spending for my wife and I to spend three days, traveling out of town, to learn something of lasting value .... something worth at least three days of our time, which is painfully obviously shorter, and the what is now considerable effort and considerable expense.
      In Engineering it's important that the "Law of diminishing returns" be observed so that you do not go physically, mentally or emotionally bankrupt.
      Perhaps I am just asking for some encouragement that the effort is worth the cost and effort, and that the benefit is worth it, so if I may ask ......
      WHAT DID YOU LEARN THAT WAS NEW AT THE 2019 "LOVE NEVER FAILS" REGIONAL CONVENTION ?
      ......
       
       
    • By TheWorldNewsOrg
      Here's to a more streamlined inbox, less conspiracy theories and actual news, and a 2019 even better than 2018. 
      Wishing you all the best, 
      TheWorldNewsMedia.org
      p.s. - Soon you will see a lot of the small changes we have been working on in the background.
    • Guest Nicole
      By Guest Nicole
      El esperado undécimo álbum de Eddie Vedder y compañía saldrá hasta el otro año, según lo revela el bajista de la banda estadunidense Jeff Ament
      unque Pearl Jam lanzaron en marzo el single Can't deny me, como anticipo de su próximo álbum, la espera aún será larga para sus fans, que al menos podrán gozar de la satisfacción de tener al grupo de gira durante el verano con una gira que pasará por Madrid -Mad Cool Festival- y Barcelona -Palau Sant Jordi- en julio.
      "Necesitamos seis u ocho semanas sólidas para tallar todas estas ideas que tenemos y estamos grabando", ha dicho el bajista Jeff Ament en entrevista en el programa Kyle Meredith With, al que acudió para promocionar su álbum como solista.
      http://www.excelsior.com.mx/funcion/pearl-jam-aclara-que-no-habra-nuevo-disco-hasta-2019/1238873




  • Recently Browsing

    No registered users viewing this page.

  • Member Statistics

    • Total Members
      16,508
    • Most Online
      1,592

    Newest Member
    AliciaBarbosa
    Joined
×
×
  • Create New...

Important Information

Terms of Service Confirmation Terms of Use Privacy Policy Guidelines We have placed cookies on your device to help make this website better. You can adjust your cookie settings, otherwise we'll assume you're okay to continue.