LoneStarRising
Forum Moderator
User ID: 74646345 United States 10/20/2019 09:24 PM
Report Abusive Post Report Copyright Violation | Robert Shiller: Recession likely years away due to bullish Trump effect Nobel-prize winning economist Robert Shiller believes a recession may be years away due to a bullish Trump effect in the market. According to the Yale University professor, President Donald Trump is creating an environment that’s conducive to strong consumer spending, and it’s a major force that should hold off a recession. “Consumers are hanging in there. You might wonder why that would be at this time so late into the cycle. This is the longest expansion ever. Now, you can say the expansion was partly [President Barack] Obama,” he told CNBC’s “Trading Nation” on Friday. “But lingering on this long needs an explanation.” Shiller, a behavioral finance expert who’s out with the new book “Narrative Economics,” believes Americans are still opening their wallets wide based on what President Trump exemplifies: Consumption. “I think that [strong spending] has to do with the inspiration for many people provided by our motivational speaker president who models luxurious living,” said Shiller. [ link to www.cnbc.com (secure)] LoneStarRising |
Anonymous Coward User ID: 85616534 United States 05/27/2023 04:48 AM Report Abusive Post Report Copyright Violation | Re: Robert Shiller: Recession likely years away due to bullish Trump effect |
Anonymous Coward User ID: 82939440 Austria 05/27/2023 04:49 AM Report Abusive Post Report Copyright Violation | Re: Robert Shiller: Recession likely years away due to bullish Trump effect That guy is living in fantasy land. Germany just announced they are in a recession! Germany the economic power house of the EU! Clown World! |
Anonymous Coward User ID: 84743423 United States 05/27/2023 04:54 AM Report Abusive Post Report Copyright Violation | Re: Robert Shiller: Recession likely years away due to bullish Trump effect |
Anonymous Coward User ID: 85395655 United States 05/27/2023 05:00 AM Report Abusive Post Report Copyright Violation | Re: Robert Shiller: Recession likely years away due to bullish Trump effect Never go full retard. |
Anonymous Coward User ID: 85688299 Norway 05/27/2023 05:03 AM Report Abusive Post Report Copyright Violation | Re: Robert Shiller: Recession likely years away due to bullish Trump effect fucking J tweaking the system and pulling levers behind the curtains is what makes things happen or not happen
not their fat shill bitches |
Festus J. Hoggbottom, III
User ID: 81077775 United States 05/27/2023 05:55 AM
Report Abusive Post Report Copyright Violation | Re: Robert Shiller: Recession likely years away due to bullish Trump effect
That guy is living in fantasy land. Germany just announced they are in a recession! Germany the economic power house of the EU! Clown World! Quoting: Anonymous Coward 82939440 The story is from 2019, and he was right. We should be in recession right now bit it's looking like the market wants more upside. I did it. I did it on purpose. And I'll do it again. |