Skip to content
 
If you can read this, either the style sheet didn't load or you have an older browser that doesn't support style sheets. Try clearing your browser cache and refreshing the page.

(MSN)   Bond market suggests a recession is coming and the Feds will cut interest rates to stop it. But maybe our economy will die another day   (msn.com) divider line
    More: Scary, Monetary policy, Federal funds rate, Fixed income market, Finance, Federal Reserve System, Bond, Federal Reserve, bond market  
•       •       •

386 clicks; posted to Business » on 26 Mar 2019 at 8:55 AM (16 weeks ago)   |   Favorite    |   share:  Share on Twitter share via Email Share on Facebook   more»



19 Comments     (+0 »)
 
View Voting Results: Smartest and Funniest
 
2019-03-26 07:37:28 AM  
What could possibly go wrong?
This always works, yes?
 
2019-03-26 08:06:10 AM  
The banks will be looking for that sweet sweet bailout cash again. I'm cool with it but taxpayers should get an equity position in exchange.
 
2019-03-26 08:56:42 AM  
Again?  This makes the 37th recession we haven't had this year.
 
2019-03-26 09:02:56 AM  

NotThatGuyAgain: Again?  This makes the 37th recession we haven't had this year.


So you're saying the more indicators there are pointing towards a conclusion, the less likely you are to believe any of them?
 
2019-03-26 09:10:26 AM  
Why is anyone surprised? Of course we will have a recession. The Fed policy since the late 70s has been keep unemployment as low as possible and combat recessions and don't let economy overheat. But each of those are moving targets. We have had neither a recession nor overheating since 2008. That's 11 years during which time we had a very modest recovery.

Unemployment is low, but anecdotally I don't see people doing particularly well. I also see a lot of kids of middle and upper middle class families with college degrees effectively doing nothing. I see a lot of older people not retiring because they are still recovering from 2008. If they haven't moved out of stocks they will be screwed again. I see wages flat as a pancake and healthcare rising.

We are due for a recession and given the fact we have no brains in the White House I anticipate his solution will be to raise tariffs again.
 
2019-03-26 09:20:36 AM  

freakay: We are due for a recession and given the fact we have no brains in the White House I anticipate his solution will be to raise tariffs again.


Tax cuts for the wealthy can only go so far.  At some point we're going to have to start giving away tax dollars to rich people.
 
2019-03-26 09:36:39 AM  

freakay: Unemployment is low, but anecdotally I don't see people doing particularly well.


Yep. Employment doesn't mean able to take care of yourself and a family anymore.

For many people employment has turned into the labor version of health insurance: you have it, but you're still not covered.
 
2019-03-26 10:00:12 AM  
The single best thing we could do as a country would be to let interest rates rise to the level which accurately prices risk. Instead, we've doubled, tripled, quadrupled down on the delusion that we can distort credit markets and still have a sound economy.

The next recession isn't gonna be pretty.
 
2019-03-26 10:28:28 AM  
They probably will, subby.  The Fed has been treating the economy like a casino royale.  What we need is a Dr. No to tell the stock and bond markets to fark off until banking conditions are back to normal. But no, after saying they'd never do another round of quantitative easing the Fed is saying never say never again.
 
2019-03-26 11:02:14 AM  

Manfred J. Hattan: They probably will, subby.  The Fed has been treating the economy like a casino royale.  What we need is a Dr. No to tell the stock and bond markets to fark off until banking conditions are back to normal. But no, after saying they'd never do another round of quantitative easing the Fed is saying never say never again.


If you recall, one reason things are out of whack is because the Fed had to do almost all the heavy lifting for the last 12 years or so.  They got almost no help from Congress with fixing the economy.  And Trump threw a fit every time they raised interest rates.  It's much lower than it would normally be going into a recession.   Octopussy.
 
2019-03-26 11:04:27 AM  

tmyk: NotThatGuyAgain: Again?  This makes the 37th recession we haven't had this year.

So you're saying the more indicators there are pointing towards a conclusion, the less likely you are to believe any of them?


Sounds like 30% of the voting public.
 
2019-03-26 11:38:20 AM  

ArkPanda: They got almost no help from Congress with fixing the economy


Pro-tip: 535 corrupt, self-serving, economically-ignorant dolts couldn't somehow "fix" an economy comprised of millions of people even if they wanted to.
 
2019-03-26 12:51:46 PM  

Marcus Aurelius: freakay: We are due for a recession and given the fact we have no brains in the White House I anticipate his solution will be to raise tariffs again.

Tax cuts for the wealthy can only go so far.  At some point we're going to have to start giving away tax dollars to rich people.


img.fark.netView Full Size
 
2019-03-26 03:19:28 PM  
In this case, I would consider it perfectly normal for readers not to get the joke in the headline.

/kinda wish I didn't
//Halle Berry couldn't save that movie
 
2019-03-26 03:42:17 PM  
Let's not go and make any sweeping generalizations about baryons.

pbs.twimg.comView Full Size
 
2019-03-26 03:42:58 PM  
Oops. Wrong thread.
 
2019-03-27 04:24:53 AM  
We could have had a recession because of universal healthcare but no, we are going to have one because of the same old same old, a few people, comparatively, want to get rich.
 
2019-03-27 07:24:01 AM  

NotThatGuyAgain: Again?  This makes the 37th recession we haven't had this year.


Runaway inflation is just around the corner!!!!!
Better just put rates at -20% to be sure.
/Boomers complained that their McMansions were losing value as interest rates went up (obvious).
 
2019-03-27 07:28:39 AM  

freakay: Why is anyone surprised? Of course we will have a recession. The Fed policy since the late 70s has been keep unemployment as low as possible and combat recessions and don't let economy overheat. But each of those are moving targets. We have had neither a recession nor overheating since 2008. That's 11 years during which time we had a very modest recovery.

Unemployment is low, but anecdotally I don't see people doing particularly well. I also see a lot of kids of middle and upper middle class families with college degrees effectively doing nothing. I see a lot of older people not retiring because they are still recovering from 2008. If they haven't moved out of stocks they will be screwed again. I see wages flat as a pancake and healthcare rising.

We are due for a recession and given the fact we have no brains in the White House I anticipate his solution will be to raise tariffs again.


This is a good conversation to have.  The GOP's response to financial disaster is austerity for workers.  The Puerto Rico recovery is a good window into their approach to the economy.  The recent tax cut law for the wealthy is another.
It will be interesting to see what happens when large numbers of young people are unemployed with high student debt bills, and if the GOP makes big cuts to Medicare, Medicaid, social security, and SNAP benefits, without altering the high FICA wage taxes.
 
Displayed 19 of 19 comments

View Voting Results: Smartest and Funniest

This thread is closed to new comments.

Continue Farking





On Twitter




In Other Media
Top Commented
Javascript is required to view headlines in widget.
  1. Links are submitted by members of the Fark community.

  2. When community members submit a link, they also write a custom headline for the story.

  3. Other Farkers comment on the links. This is the number of comments. Click here to read them.

  4. Click here to submit a link.

Report