grinreaper Posted February 14, 2019 Posted February 14, 2019 Hmmn, what with a ton of unfilled jobs and wages going up substantially one would think that retail would continue to be strong regardless of any glitches.
row_33 Posted February 14, 2019 Posted February 14, 2019 16 minutes ago, grinreaper said: Hmmn, what with a ton of unfilled jobs and wages going up substantially one would think that retail would continue to be strong regardless of any glitches. the market is always inefficient, that's one of the beauties of it i shudder at the days when a lib government demanded full employment and its suckass press played along
Kevbeau Posted February 14, 2019 Posted February 14, 2019 1 hour ago, grinreaper said: Hmmn, what with a ton of unfilled jobs and wages going up substantially one would think that retail would continue to be strong regardless of any glitches. Market ***** the bed in December. People were worried about recession. Tightens the purse strings a bit (my opinion)
grinreaper Posted February 14, 2019 Posted February 14, 2019 2 minutes ago, Kevbeau said: Market ***** the bed in December. People were worried about recession. Tightens the purse strings a bit (my opinion) Yep.
row_33 Posted February 14, 2019 Posted February 14, 2019 2 hours ago, Kevbeau said: Market ***** the bed in December. People were worried about recession. Tightens the purse strings a bit (my opinion) blips occur the media was predicting the end of the world 24/7 and telling everyone to get used to wearing oaken barrels as their only possession i hope even 1 of them sold all their holdings short to meet their predictions
DC Tom Posted February 14, 2019 Posted February 14, 2019 2 hours ago, Kevbeau said: Market ***** the bed in December. People were worried about recession. Tightens the purse strings a bit (my opinion) Government shutdown didn't help in that regard, either. 1
B-Man Posted February 16, 2019 Posted February 16, 2019 Dow jumps nearly 450 points, clinches 8th straight weekly gain CNBC.com https://www.cnbc.com/2019/02/15/stocks-trump-speech-us-china-trade-and-earnings-in-focus.html .
TPS Posted February 19, 2019 Posted February 19, 2019 Even the WSJ is coming around on deficits. https://www.wsj.com/articles/worry-about-debt-not-so-fast-some-economists-say-11550414860 there is one major error in the article, trying to compare the US with Greece and Italy--those countries do not have a central bank that controls and independent currency, and they have to live by the debt constraints imposed on EMS countries.
Tiberius Posted February 22, 2019 Posted February 22, 2019 (edited) Quote A wave of bankruptcies is sweeping the U.S. Farm Belt as trade disputes add pain to the low commodity prices that have been grinding down American farmers for years. Throughout much of the Midwest, U.S. farmers are filing for chapter 12 bankruptcy protection at levels not seen for at least a decade, a Wall Street Journal review of federal data shows. Bankruptcies in three regions covering major farm states last year rose to the highest level in at least 10 years. The Seventh Circuit Court of Appeals, which includes Illinois, Indiana and Wisconsin, had double the bankruptcies in 2018 compared with 2008. In the Eighth Circuit, which includes states from North Dakota to Arkansas, bankruptcies swelled 96%. The 10th Circuit, which covers Kansas and other states, last year had 59% more bankruptcies than a decade earlier. https://www.wsj.com/articles/this-one-here-is-gonna-kick-my-buttfarm-belt-bankruptcies-are-soaring-11549468759 ?♂️ Edited February 22, 2019 by Tiberius
Tiberius Posted February 22, 2019 Posted February 22, 2019 Damn article is pretty depressing. Farmers are hurting way more than I realized.
row_33 Posted February 22, 2019 Posted February 22, 2019 On 2/19/2019 at 5:16 PM, TPS said: Even the WSJ is coming around on deficits. https://www.wsj.com/articles/worry-about-debt-not-so-fast-some-economists-say-11550414860 there is one major error in the article, trying to compare the US with Greece and Italy--those countries do not have a central bank that controls and independent currency, and they have to live by the debt constraints imposed on EMS countries. The tax situation in Greece is specialty egregious
TPS Posted February 22, 2019 Posted February 22, 2019 8 hours ago, Tiberius said: Damn article is pretty depressing. Farmers are hurting way more than I realized. It's been going on for awhile now, since the commodity bubble popped in 2014. The trade war didn't come at a good time for them.
row_33 Posted February 22, 2019 Posted February 22, 2019 Farmers hurting and the bubble about to burst so it’s business as usual the last 8,000 years
Foxx Posted February 22, 2019 Posted February 22, 2019 https://twitter.com/BreakingNLive/status/1099064151979233280
Foxx Posted February 22, 2019 Posted February 22, 2019 https://twitter.com/POTUSPress/status/1099033937605730304 3
B-Man Posted February 23, 2019 Posted February 23, 2019 Quote Sec. Sonny PerdueVerified account @SecretarySonny FollowFollow @SecretarySonny BREAKING: In Oval Office meeting today, the Chinese committed to buy an additional 10 million metric tons of U.S. soybeans. Hats off to @POTUS for bringing China to the table. Strategy is working. Show of good faith by the Chinese. Also indications of more good news to come. 12:54 PM - 22 Feb 2019 . 1
Tiberius Posted February 24, 2019 Posted February 24, 2019 On 2/22/2019 at 5:51 AM, TPS said: It's been going on for awhile now, since the commodity bubble popped in 2014. The trade war didn't come at a good time for them. From the you get what you vote for in incompetent governance category: https://www.politico.com/story/2019/02/22/trump-trade-south-dakota-1180196 South Dakota Gov. Kristi Noem said Friday that President Donald Trump’s trade wars have “devastated” her state, and though she agreed that countries like China were not following fair trade practices, she urged the Trump administration to quickly wrap up its trade talks there. “South Dakota has been devastated by the trade wars that are going on,” Noem said at POLITICO’s State Solutions Conference, noting that agriculture is “by far” the largest industry in the state. The Republican governor warned that the trade woes of farmers can trickle down to the rest of the state, impacting “every main street business, everybody that has another entity out there that relies on a successful ag industry.”
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