Buckle up for the wild ride down

[dmlfarmer]

https://www.cnbc.com/2019/10/01/us-manufacturing-economy-contracts-to-worst-level-in-a-decade.html?__source=sharebar|linkedin&par=shareba r https://www.cnbc.com/2019/10/01/us-manufacturing-economy-contracts-to-worst-level-in-a-decade.html?__source=sharebar|linkedin&par=shareba r

[agstar77]

Trumps worst fears. All his tariffs have led the U.S. to the brink of recession. His last hope to get re-elected was a strong economy. That won't save him now. He will attempt to bankrupt the country like he has so many of his ventures.

[macdon02]

DJ is only up about 10000 points since Trump got into office and there's been recession called for since the night he was elected. Im sure it's different this time

[Guest]

The leftards seem to be oblivious to the facts
Along the same lines as the climate change cult
Facts dont matter

[dmlfarmer]

DJ is only up about 10000 points since Trump got into office and there's been recession called for since the night he was elected. Im sure it's different this time

Where do you think the trillion dollar tax break trump gave corporate America ended up? Classic bubble as unearned money has been parked in the stock market, unsupported by real manufacturing gains. And now we are seeing the realization by the manufacturing sector that work is not there.

[macdon02]

Mind you, this is only tracking those actively looking for work, but I wouldn't say a 49 yr low is the early warning signs of recession. Heck even Canada was at 5.4%, the lowest since '76 when we started tracking the numbers. Are you curve fitting to match your bias? Are there problems regionally? Absolutely. But on the whole that gets buried. The TSX is up 5k~ since Jan '16. Is Bay street gaining from the tax breaks?

[mustardman]

The US markets also received a Huge influx of British money that left after the shit show called Brexit began. Thinking the U.S was more of a safe haven than the Daily gong show in Britain

[HITTGrapevine]

How low will markets go?
TSX hit 16000 three times in the last few months but hasn't been below 16000 since early March.
https://www.bnnbloomberg.ca/u-s-stocks-tumble-bonds-rise-as-growth-fears-mount-1.1324953

[errolanderson]

Noticeable global slowdown in-progress. Europe is almost in free fall. Canada already in-recession. U.S. manufacturing now at a decade low . . . not seen this weak since 2009. U.S. jobs data showing cracks.

Totally agree . . . buckle up for the wild ride down. Central bankers now powerless to stop (IMO).

[biglentil]

Noticeable global slowdown in-progress. Europe is almost in free fall. Canada already in-recession. U.S. manufacturing now at a decade low . . . not seen this weak since 2009. U.S. jobs data showing cracks.

Totally agree . . . buckle up for the wild ride down. Central bankers now powerless to stop (IMO).

Sell a $10 bill for $8 and I could corner the market as well. The growth at all cost party is over., investors no longer interested in flippin the bill. That has kept the cpi down. Perfect stagflationary storm on the horizon.

[errolanderson]

ISM non-manufacturing data just released 8 a.m. MDT . . . a bust. U.S. service industry now blowing air like the manufacturing bust data this week.

Dow spinning lower again . . . .