Significant U.S. Economy Slowdown

[errolanderson]

Led by the out-of-control U.S. government debt bubble and unheeded spending, tapped-out consumers and fallout from the ‘no deal’ with China, the U.S. economy and stock markets now appear at risk (IMO).

Canada’s economy is already in-recession despite superstar gov’t jobs numbers. The gig is up . . . .

[Rareearth]

No problem,
QE4
Trump has an election coming up

What govt doesn’t have this problem? Expect more of the same

[errolanderson]

No problem,
QE4
Trump has an election coming up

What govt doesn’t have this problem? Expect more of the same

Just my opinion, but QE4 money printing would be diasaterous for the U.S. economy. That card has been pulled one too many times.

[ajl]

Long way away from QE4. 10 yr treasury yields are falling because there are zero investment grade projects anywhere else in the world. So every dime of capital is heading to the US. The US has no problem selling all its debt right now and the Fed is off loading bonds at the same time. If they did not have extra bonds to sell rates would be even lower. In this environment, there is zero political will for debt reduction that would be the case if interest rates ever did rise.

[macdon02]

Long way away from QE4. 10 yr treasury yields are falling because there are zero investment grade projects anywhere else in the world. So every dime of capital is heading to the US. The US has no problem selling all its debt right now and the Fed is off loading bonds at the same time. If they did not have extra bonds to sell rates would be even lower. In this environment, there is zero political will for debt reduction that would be the case if interest rates ever did rise.

A stroke of the pen and rates can be fixed. A breather in equities isn't bearish grains

[Ache4Acres]

US is still the cleanest pair of underwear. China is in serious trouble right now, next couple weeks potentially very volatile. World economy is on life support.

Of course, more legacy making from the turdo, new gun laws being passed in Canada. Stockpiling lead looks like best investment right now. Also buying pasta machine, If i cant sell my durum I might as well be ready to eat it.

[SASKFARMER]

I think a lot of shit is going to go down in the next 10 months.

I will bet on the USA vs Canada or China any day.

China needs to sell the shit they make and the only place that has an appetite for it is the USA. Even Mickie mouse ears are from China.

But the Americans are workers and they are backing this president. So guess what factories for shit could soon open up in the USA and then what will China do.

Canada and Skippy and bogus numbers on employment etc most Canadians know are a joke.

The election is in a few months maybe we should let sunny ways win and deal with the world fall out. Then a least the liberal party would lose status the next federal election but Canada would be done.

[errolanderson]

This U.S. slowdown could be more serious than first thought . . . .

http://www.cnbc.com/2019/05/29/dont-say-we-didnt-warn-you---a-phrase-from-china-signals-the-trade-war-could-get-even-worse.html[/URL]

[jazz]

CNBC is the very epitome of hyperbole. They play both sides of the market to hype up viewship. One day a stock is the best thing ever, next is sell it and get out of the market. They have segements on bitcoin of all things. They have no fn idea.

The powers that be calculated the trade war is a 0.3% gdp hit to the US and a full 1% to china. If there is some trouble in the US economy its something else. And the fed can drop rates for a few yrs to counter it. Most of the original QE has been unwound.

[errolanderson]

China threatening to cut off U.S. from rare earth minerals . . . this is a potential knockout punch. Technology is the battle ground, not a trade deal (IMO).

Trump’s beloved stock market now appears at-risk . . . .