Business & Finance US Recession by Election Day 2020: Yes or No?

[Emperor Tippy]

Bank of America’s CEO has one simple reason why he doesn’t see a recession looming

Bank of America Corp.’s CEO Brian Moynihan says he doesn’t see a recession in the offing because the U.S. consumer remains healthy.

www.marketwatch.com

Morgan Stanley: Risk of a global recession is 'high and rising'

Morgan Stanley warns that "the wheels for a slowdown are in motion," adding that a downturn in the manufacturing sector is spreading.

www.cnbc.com

A 'recession dashboard' from Credit Suisse indicates the economy is nowhere near a recession

The yield curve is the only economic indicator pointing to a recession, according to Credit Suisse.

www.cnbc.com

While a Global Recession is almost certain to occur in the near future (Brexit, US-China trade war, War with Iran, Japan-S.Korea trade war, Italy, Hong Kong), the predictions for a US Recession tend to be decidedly more mixed and nuanced.

So do you think that one will occur before Election Day?

 

[ShotgunWilly]

No clue to be honest. I wouldn't be shocked if it came before though. At least some markets I can think of feel like they're due for a correction. Fortunately, on a personal level, I'm about as ready to weather a recession as I think I will ever be.

 

[FriedCFour]

No clue but hope not. We've had scare after scare since 2016 drummed up by the media and none have come to fruition so far. Military is a good profession for weathering a recession and if we do go to war in Alexanders Rightful Territory I will definitely have job security down in lock.

 

[Comrade Clod]

Yep.

Normally I'd be inclined to give it some leeway but Trump's series of tariffs and trade wars are really not doing the conomy any favours.

 

[40thousandninjas]

Hopefully not. That yield curve inversion is making me nervous.

 

[Aaron Fox]

... given that every time a bubble bursting would have a series of shocks and readjustments...

... it's probable, but Trump's base isn't the sort to think of the economy all that much.

 

[Arch Dornan]

Didn't Bill Maher want one to screw with Trump and get him out?

 

[Aaron Fox]

Didn't Bill Maher want one to screw with Trump and get him out?

Eh, haven't heard of him...

 

[Arch Dornan]

Eh, haven't heard of him...

I know bare bits of him as a popular comedian and political commentator that's popular with the left in the US. So a kind of celebrity but one more in touch with the political side.

Insiders are selling stock like it's 2007

The leaders of Corporate America are cashing in their chips as doubts grow about the sustainability of the longest bull market in American history.

edition.cnn.com

On the topic it will depend on the confidence of the business and investors seeing this bit.

 

[Aaron Fox]

I know bare bits of him as a popular comedian and political commentator that's popular with the left in the US. So a kind of celebrity but one more in touch with the political side.

Insiders are selling stock like it's 2007

The leaders of Corporate America are cashing in their chips as doubts grow about the sustainability of the longest bull market in American history.

edition.cnn.com

On the topic it will depend on the confidence of the business and investors seeing this bit.

... given that a lot of the leadership of the various corporations are basically psychopathic at best... I wouldn't be surprised that this is happening.

 

[Comrade Clod]

I know bare bits of him as a popular comedian and political commentator that's popular with the left in the US. So a kind of celebrity but one more in touch with the political side.

Insiders are selling stock like it's 2007

The leaders of Corporate America are cashing in their chips as doubts grow about the sustainability of the longest bull market in American history.

edition.cnn.com

On the topic it will depend on the confidence of the business and investors seeing this bit.

He's in the centre (Liberal liberal, not left liberal)

 

[CarlManvers2019]

He's in the centre (Liberal liberal, not left liberal)

I recall that he’s one of the few that actually acknowledges the insanity and bigotry of The Left and says they need to stop otherwise they’ll give more reasons to leave, or something

 

[Arch Dornan]

I recall that he’s one of the few that actually acknowledges the insanity and bigotry of The Left and says they need to stop otherwise they’ll give more reasons to leave, or something

I remember that from Tim Pool. One time he even asks himself if he got owned.

 

[Comrade Clod]

I recall that he’s one of the few that actually acknowledges the insanity and bigotry of The Left and says they need to stop otherwise they’ll give more reasons to leave, or something

Bigotry is the purview of the repblicans generally, the left does have its few crazies though (all tankies ever)