Trumps biggest Bankruptcy

[Redneck]

We are all doomed by Dopey Donald!

Global markets on 'borrowed time' as the inverted yield curve signals a recession is on the way

There's an old saying: "Bonds never lie".

Key points:
Yield curve inversions are seen as solid predictors of recessions over the next one to two years
Equity markets often enjoy a last gasp rally after a bond inversion, but on average fall 30pc once recession bites
Rising trade tensions, crumbling manufacturing data, low inflation and weaker US profits are key drivers of the collapse of short term bond yields below the 10-year rate
Right now the US bond market is staring investors straight in the eye and saying, "there's a recession on the way".

When the yield on 10-year US government bonds finally slipped below 2-year yields overnight, the penny dropped on equity markets. Actually, it was a bit more than that; closer to $US770 billion ($1.2 trillion) on the S&P500 alone.

The ASX chipped in with a $40 billion loss straight after.

More here.....

https://www.abc.net.au/news/2019-08-15/ ... hould-we-w...

"'We'll all be rooned', said Hanrahan"

[billy the kid]

Agree 110%...worldwide economic collapse on the way....

[billy the kid]

Ya gotta laugh....they are all talking about it as though its a surprise....its been coming for six months....

[sprintcyclist]

Look, really, if you are all so clever, you would be worth billions.
Not millions. Billions.

[billy the kid]

Being able to observe does not mean we are clever...just observant...
To make millions you need millions.....which I aint got......but I can still be observant.....

[sprintcyclist]

To make millions you do not need millions.

Being clever helps, being observant helps, being lucky helps a lot.
Persisting is important. Being mentally adaptable is important.
Being able to maintain a position in adverse conditions is important.