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The Left Is Trying To Wish A Recession Into Existence

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posted on Jun, 18 2019 @ 12:24 PM
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Every day of the week I see new headlines about this bad economic indicator and that bad indicator. Today was no exception.

Investors Haven't Been This Bearish Since 2008 Financial Crisis

Oh no, run for the hills folks. It's over. Sentiment is bearish. Nevermind the markets healthy appreciation the last few weeks. Nevermind the record low unemployment with 1.6 million more job openings than job seekers. Nevermind increasing paychecks. Nevermind low inflation. Nevermind all of that. IT'S OVER! We're all doomed!

(Also, nevermind that peak bearishness is typically a bottom indicator in the markets)

It's an interesting dynamic between the news media and the investor class. The investor class definitely isn't trying to get equity prices lower so they can buy before the G20 and the nearly inevitable rate cut by July. Definitely not that. I mean, if that's what they were doing, you certainly wouldn't expect a headline like the one above when just a week ago the same firm put out their Capital Market Outlook Report and it was glowingly positive for the US.

The finance guru's are playing on the news media's hard left bias that hopes for a recession under republican leadership. They issue reports with catchy, left wing, wet dream headlines or subtext, knowing they won't report on their actual market analysis and guidance forward.

One funny paragraph that would send the lefty's off the rail from the above capital market outlook was this one:



The drop in rates, resurgence in confidence and rebound in equity prices are all early leading indicators behind the turn shaping up in global leading indicators (Exhibit 1). By early 2020, this turn could be causing upward revisions to the U.S. and global economic growth outlook. Any progress on trade will just be icing on the cake. At some point the markets are likely to realize that tariffs are a means to an end, not an end in itself. That end is freer trade, which is a market positive.

emphasis mine

But rather than admit that the outlook is positive and have to reconcile that, they're glomming on to doom porn and blocking out anything that doesn't fit the narrative.

We saw this in the first quarter of the year as well. Remember, as of march 4th (27 days from the end of Q1), Q1 GDP was only going to be 0.3%. Of course, the reality was that the economy grew at 3.2% in Q1, but that didn't stop the media from breathlessly reporting on a model that was a major outlier and has a history of being way off until a couple weeks before the end of the quarter.

Let me give you guys some free advice, from knowledge I've accrued having been actively analyzing and investing in the markets for almost the entirety of my adult life:
Tune out the noise and invest in america, especially in down times, because america doesn't stay down for long.

As much as the media and the left want a recession to hurt republicans for 2020 (think about that for a minute, they want Americans to suffer so they can win. Pretty depraved imo), it's highly unlikely that a recession is going to happen. Even if it does, by some left wing miracle, it won't last long.
edit on 18-6-2019 by Dfairlite because: (no reason given)




posted on Jun, 18 2019 @ 12:29 PM
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a reply to: Dfairlite

Almost as bad as Rumsfeld wishing we were attacked again...
These folks only care about political posturing.



posted on Jun, 18 2019 @ 12:30 PM
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Priorities of a transparent democratic party, doesn't include their Constituents or the Oath they took.

They need to be reminded daily that America is a Constitutional Republic, not a damned democracy.

Something I like to remind west coast Dems of is;
What's the California flag say?

It's a reminder of how far they fallen...



posted on Jun, 18 2019 @ 12:31 PM
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Double post
edit on 18-6-2019 by ADVISOR because: Delete double post please



posted on Jun, 18 2019 @ 12:31 PM
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a reply to: Dfairlite

And the stock market openned up 350 points this morning.

I first noticed they have been talking the recession into the mix since mid-2018.

Granted, of a day, there will be a correction and a recession; this recovery is long in the tooth, but the leading economic indicators are not signaling any such thing at the moment.

There is one interesting trend going on behind the scenes as reported by a friend of mine today. We live about 60 miles of the US/Mexico border. For years my friend did part time work at a local ranch, (yes a real working ranch). He got laid off as the owner hired four illegals from Mexico to work the ranch for the remainder of 2019. I wonder how much more of that we will see?



posted on Jun, 18 2019 @ 12:35 PM
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a reply to: Dfairlite

How can it be the "left" if all the media companies are owned by rich elite Republicans????



posted on Jun, 18 2019 @ 12:36 PM
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a reply to: luthier

That would be terrible. Did it really happen though?



posted on Jun, 18 2019 @ 12:37 PM
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Lots of people benefit from recessions.

Loads of profit opportunities.

Lot's of political gain too.

The big recession in 2008 was right after Democrats took control of BOTH Chambers of Congress.

Think about THAT !! 😎

No recession, no Obama in 2008 election !!



posted on Jun, 18 2019 @ 12:43 PM
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originally posted by: xuenchen
The big recession in 2008 was right after Democrats took control of BOTH Chambers of Congress.


You wish lol. Bush was handed one of the strongest economies in history, and he destroyed it. Rapidly. Obama, albeit slowly, led us out of that recession and the trends are continuing in that direction. For now.



posted on Jun, 18 2019 @ 12:47 PM
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a reply to: dfnj2015

That's a myth.

Disney/ABC is run by bob iger, an outspoken democrat.
CNN is run by jeff zucker, who contemplated a run this year as a democrat.
Comcast/MS/NBC is run by Brian roberts, he's donated 76k to dems over the last decade, 13k to reps.
CBS has been run by Les Moonves for ages, he's a hardcore democrat



posted on Jun, 18 2019 @ 12:49 PM
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Man, the right does know so much about the left. #breathtaking


+7 more 
posted on Jun, 18 2019 @ 12:51 PM
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originally posted by: LordAhriman

originally posted by: xuenchen
The big recession in 2008 was right after Democrats took control of BOTH Chambers of Congress.


You wish lol. Bush was handed one of the strongest economies in history, and he destroyed it. Rapidly. Obama, albeit slowly, led us out of that recession and the trends are continuing in that direction. For now.


Bush was handed an economy that was imploding because Democratic policies in housing and the financial sector.

Funny that the left always leaves that part out...

Bush told Congress not once, not twice but SEVENTEEN times that the housing market was going to collapse if they didn't enact laws to fix it.

They laughed at him.

Then when it collapsed they blamed it on him.

As for Obama, his claim to fame was taking a recession that should have lasted 18-24 months and made it last 8 years. Hell, the only reason it started getting better is that companies and consumers knew he was finally leaving office.

Stop rewriting modern history.




posted on Jun, 18 2019 @ 12:51 PM
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a reply to: LordAhriman

It's not a wish, it's a fact.

Jan 20th 2007, democrats take over both chambers of congress. August 2008 the collapse begins. Quite the coincidence. Especially considering how much the dems want the economy to fail under republicans.
edit on 18-6-2019 by Dfairlite because: (no reason given)



posted on Jun, 18 2019 @ 12:54 PM
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a reply to: Dfairlite

Rummie? I think so. Compared to his other terrible comments it's no surprise.

I also think a recession is coming. However my reason is opposite. I think liberal spenders have infiltrated conservatives and nobody cares about debt.

Free credit makes dumb people make bad choices. Unfortunately this ripples to the people who don't over extend themselves.



posted on Jun, 18 2019 @ 12:55 PM
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a reply to: Lumenari



Hell, the only reason it started getting better is that companies and consumers knew he was finally leaving office.


You'll notice, the economy got a little better when republicans won back the house in 2010. We almost slipped back into recession in 2012 when obama was re-elected. That's when QE infinity began. Then when republicans took over the senate in 2014 the economy started to finally look half decent. Then trump won 2016 and we all know how great it's going now.



posted on Jun, 18 2019 @ 12:56 PM
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a reply to: luthier

I tried searching for it but couldn't find it. That's a pretty terrible thing to say if it happened.



posted on Jun, 18 2019 @ 12:57 PM
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originally posted by: LordAhriman

originally posted by: xuenchen
The big recession in 2008 was right after Democrats took control of BOTH Chambers of Congress.


You wish lol. Bush was handed one of the strongest economies in history, and he destroyed it. Rapidly. Obama, albeit slowly, led us out of that recession and the trends are continuing in that direction. For now.


Democrats officially took full control of Congress in 2007. There's nothing to wish for, it's a stone cold fact. Google it if you don't believe it. That's when the economy went to crap. Obama carried it further into crap. It crept out of the recession because it couldn't go any lower. When Republicans took full control of Congress in 2015, the economy started to come back, what a coincidence. And Trump has taken it to the likes of which have never been seen. It's incredible that you would try to credit obama for that. What a joke.



posted on Jun, 18 2019 @ 12:59 PM
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a reply to: Dfairlite

Leftists would want dead in the streets rather than admit that Trump May have done something positive.



posted on Jun, 18 2019 @ 01:01 PM
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a reply to: Dfairlite


Then trump won 2016 and we all know how great it's going now.


We do..we know everyone has maxed out their credit and is carrying debt much longer, and trump has been approving huge budgets. Proposing larger ones. Actually calls for more quantartive easing and lowering rates (spurs bad investment)

Folks are watching the bond market for a reason.



posted on Jun, 18 2019 @ 01:02 PM
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a reply to: ManFromEurope

We do, because we're not scared to read your opinons and your news channels have dominated the airwaves. The current incarnation of the right in america is a response to the left. As it is, it stands to reason that most on the right understand the left much more intimately than even those on the left understand it. I find when you have to actually research and discuss the opinion you disagree with, you learn a lot about that opinion and the people who hold it.

It's like how atheists are often much more knowledgeable on scripture than the average church goer. They accept the orthodoxy on faith whereas the atheists have to defend themselves on why they don't accept the orthodoxy.



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