It's Carshing again Dow Jones down -600 -2.5%

-411

Hmmmmm

Not opened yet lol

-450

Means nothing, today opens at -401 and closes with +150..

Maybe but in premarket it's a slaughter

GLOBAL STOCK MARKETS are crashing!! This is a world-wide event.

[link to www.investing.com (secure)]

DOW -422 after 1st minute of trading!

Gold on the up elevator again ...

Silvertards riding +1.12% premarket to 17.18

They're spooked again because some kind of bond yield inversion which is apparently a predictor of a recession.

Last time this happened, it took 2 years for the ression to hit.

New Lows 25810 -467

Last Edited by DarthPaulson on 08/14/2019 09:48 AM

A recession for the 2020 election is being created..1% controlling the 99%..

Yeah the Federal Reserve was pushing hard against the economy for first 2 years of Trump presidency. Check the Fed balance sheet (pulling money out of the economy by selling assets) and raising rates at the same time.

That said, Trump/Congress is massively overspending and trade war doesn't help.

Last Edited by DarthPaulson on 08/14/2019 09:50 AM

Twitter down? Wheres Trump? We need more China trade talks bullshit......

more info here:

Thread: Stocks CARSH hard on Treasury Yield Inversion, 10yr bonds tank, DOW -450, last inversion signaled 2008 crisis!!



Treasury 10yr bond yields have tanked below the 2yr yields.


The lsat time this inversion happened signaled the 2008 financial crisis.


It's on like donkey kong!

The System hasn't collaped yet....



[link to didthesystemcollapse.com]

Last Edited by DuckNCover on 08/14/2019 09:52 AM

The market’s most closely watched part of the yield curve inverted today, and if its record over the last half-century is any indicator, the U.S. could be headed for a recession soon.

Shortly after 6 a.m. ET on Wednesday, the yield on the 10-year U.S. Treasury bond dipped below the yield on the 2-year U.S. Treasury as the 10-year fell 1 basis point below the 2-year. The yield curve inversion has a strong track record of predicting a recession; each of the last seven recessions (dating back to 1969) were preceded by the 10-year falling below the 2-year.


Ahead of the last recession, the yield curve inverted briefly as early as December 27, 2005, about two years before the financial crisis sent the economy into recession.


[link to finance.yahoo.com (secure)]

One of these days, it's over!




Got gold?
Got preps?

U.S. 10 Year Treasury (US10Y:U.S.)

Yield Low Today 1.57%

They should have let this happen in 2016.

Greenspan: Bond yields could tank BELOW zero.



There is some $15 trillion in government debt that now yields less than zero, and former Federal Reserve Chairman Alan Greenspan believes there’s no reason why U.S. government bond yields couldn’t join much of the developed world in the subzero world.

Greenspan, during a phone interview with Bloomberg News on Tuesday, said “zero” has no real meaning for the U.S. bond market and that a slide below that psychological level, already traversed by many others countries, wouldn’t be inconceivable for U.S. paper.

The 93-year-old economist’s comments come as more Wall Street participants contemplate the very real possibility of negative Treasury rates.

[link to www.marketwatch.com (secure)]

Should have let it go in '87 and never created the Plunge Protection Team.

New Lows 25804

Hows the GOP tax cuts working for you?

These morons take the economy down every time.

Or get us into a war or both.