After three years of failing to oust Trump, some Democrats think a recession is their only chance to defeat him. With all economic indicators improving, some liberal hedge fund managers tried to cause a market crash, but all they did was lose billions and start market rallies.

The economy is too strong for someone to create a recession. Recent polls say 37 percent of economists think a recession could happen by the middle of 2021, but 63 percent of economists don’t expect a recession so soon.

Will you vote for Democrats if they ruin the economy by creating a recession?

Gary Miller

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(64) comments

Gary Scoggin



Questions...

1. Exactly how are the Democrats tanking the economy?

2. How does a “liberal” hedge fund manager crash the economy? Which funds are big enough to do this and are their managers “liberals”? What do their clients think?

3. The biggest risk to our economy in the near term is trade policy. Who controls that?

4. The biggest risk to our economy in the long term is the continued deficit. Who controls that?

5. Did you come up with the idea for this post yourself or did you copy it from some website?

Craig Mason

Good questions Gary the last one made me chuckle.

Carlos Ponce

Questions 1 and 2: They go around planting the seeds by claiming "RECESSION, RECESSION, RECESSION" to cast doubt on an otherwise healthy economy. Trade investors rely too much on algorithms rather than established rules for trading creating a roller-coaster stock market - up a few hundred points, down a few hundred, up a few hundred, down a few hundred - creating a FALSE distrust in the economy. Many trade investors don't think any more. They rely on computers and apps. They're lazy.

Gary Scoggins, you answer the question in question number three, claiming "The biggest risk to our economy in the near term is trade policy. " Is that your perception???? It that were true then we'd be seeing huge increases in prices, shortages on goods, etc. It's not there. The only ones affected are farmers and ranchers but they're being taken care of with low interest loans. The best cure is to expand the market outside of those countries. Why are we so dependent on those countries? BUY AMERICAN and you won't have that problem. Why can't those products be made in the USA?

"4. The biggest risk to our economy in the long term is the continued deficit. Who controls that" The House of Representatives.

Emile Pope

The Democrats didn’t control the House when the Republicans passed that tax cut for millionaires that exploded the deficit.

Gary Scoggin

Hmm...



So the apps these investors use must be liberal.



So the solutions for farmers and ranchers is more debt? Where is that money coming from? Are they borrowing from China?



I pay my financial advisor to give me his unvarnished view of the economy. Liberal, conservative, I don’t care. I want his best view of what’s happening. The inverse yield curve of a few weeks ago got everyone’s attention but fortunately it was a short aberration. But it is a reliable predictor of recession, so keep an eye on it.

The problem with our trade policy is the uncertainty it drives into the marketplace. Most businesses hate uncertainty more than anything. It kills your ability to plan. The ones that profit off of uncertainty are those (lazy?) short term traders and their (liberal, I suppose) apps.



When was the last time the President proposed a budget, much less a balanced one?

Dan Freeman

Mr. Scoggin wrote: "The inverse yield curve of a few weeks ago got everyone’s attention but fortunately it was a short aberration." The attention was short lived not the inversion. !3 week notes continue to dominate the market out to 20 years. Invest carefully because winter is coming.

Gary Miller

Scoggin> The yield curve tightened because bankers from other countries were buying. An Anti recession event. Your finance adviser should have told you that.

Bailey Jones

Gary is a little like that big green can outside my house. It gets added to every day, and then when it gets full, it needs to be emptied.

Gary Miller

#3 first. Trade policy is hung up on China. No should be surprised that Democrats are hoping China will help them create a Recession. After three years of trying to prove Trump colluded with Russia they want China to help them?

#2 Some hedge fund managers are liberal, big donors to RNC, they make money from recessions, several are big enough to have an effect on the markets. As you should know the markets often make big moves on small scares.

#4 Congress.

#5 Combined from several honest news providers. None from CNN or MSNBC.





#1 So far by trying to convince voters a recession is near. A scare tactic. A well developed liberal policy.

Gary Scoggin

There is nobody more capitalistic than a fund manager. They almost define capitalism in their knowledge and use of the market. If they are creating a recession is it because they want to see a Democrat elected? Or is it to make money? BTW, the fund managers make money for themselves by making money for their clients. So this supposes that their clients are all liberal Democrat capitalists as well.

Jennifer Lance

[thumbup]

Gary Miller

Scroggins> #1 They can't without help but every talking head or Democrat on CNN or MSNBC start every sentence with RECESSION

Gary Scoggin

Mrillers> - I didn't know you watched CNN and MSNBC.

Gary Miller

Scoggin> They aren't but are looking for a way. One hedge fund manager can't but SOME got together and failed big time. The deficit can't as long as Progressives are buying the debt. Trade policy won't because a recession in the US would hurt China more than Trump. Put it together from several conservative news outlets. All in all you ask questions you could answer your self if you turned off the liers you support.

Emile Pope

Apparently someone hasn't checked the market lately. Why does this person keep making unsupported statements?

Carlos Ponce

The Dow Jones has increased +14.88% this year an increase of +3.08% since September 8, 2018. In 3 years an increase of + 47.86% since September 8, 2016 when Obama was president.

https://money.cnn.com/data/markets/dow/

Gary Scoggin

You are referencing CNN? I thought they were fake news.

Carlos Ponce

When addressing Liberals, quoting from other than a Liberal source would be ignored. Facts are facts and even CNN cannot hide the fact the US economy is doing GREAT!

Jim Forsythe

Gary, CNN is OK until it not with Trump and his followers. Just as Carlos used the Dow average that included the time period when Obama was President. I guess he was trying to make Trump look better (during the equivalent period), when the amount in increase of the Dow for Trump and Obama is about the same.

Uncertainty is a big factor in a World economy. Iran, North Korea and other hot spots are also a driver in the down turn that has started with things like negative interest rates in some countries . Making statements like the USA should buy Greenland also does not give other countries faith in what we are doing.. Each time Trump gets on Tweeter, all the world is going to react.

Gary as you know with Dow history, the period of stock increase is all most over, as most times it last about 8 years and we are at year 10, form the start of this period. You will hear all kind of reasons why it not Trump fault, but he the one in charge.

Is it possible the Trump wants the economy to be in a down turn, so he can buy more at a discount price?

Carlos Ponce

Jim, stay tuned. Democrats are BEGGING for a recession to make Trump look bad. Janice Yellen former Fed Chairman said there is not one coming. How about Jim Forsythe?

Carlos Ponce

Jim, if CNN ONLY reported the news without a Liberal spin in their newscast it would be okay. They should leave the Leftist slant to opinion shows.

Jim Forsythe

As You, Carlos, quote CNN a lot, you must like them. Will we have a recession, my answer is yes. Unless someone is short selling stocks and such, no one is hoping for a recession. Just in the 30's, people do make money when the economy goes bad.

Leverage loans is just one of the reasons we could have a recession . With leveraged loans are now having a huge outflows of cash, it will not end well unless the holes are shored up. Regulation have to be finished, and if they are not, bad things will happen.

Yellen did say she did not believe there would be another financial crisis in our lifetimes because of financial reforms. However, she did warn at the time about the deregulatory efforts just then underway. After this statement she said this. “I think things have improved, but then I think there are gigantic holes in the system,” . The former Fed chair cites leverage loans as an area of concern and says there remains an agenda of unfinished regulation. Former Federal Reserve Chair Janet Yellen, , said in December that the leveraged loan industry, which now boasts around $1.3 trillion in assets, is one area where risk-taking could exacerbate an economic downturn. Plus, the Fed isn’t giving a clear signal as to whether or not it will continue to hike rates this year. So it looks as though the market may be propped up by companies that are in massive amounts of “junk” debt. That, and the recent recession showed us that housing market optimism was pushed until it was too late. Lessons from that period sure don’t seem like they were learned. “I think things have improved, but then I think there are gigantic holes in the system,” Yellen said“ The tools that are available to deal with emerging problems are not great in the United States.”

"Leveraged loans are made to companies with weak balance sheets and poor credit profiles. They often are blamed for helping cause the financial crisis due to the high levels of corporate debt and opaque nature of the securities used to package them. Mutual funds for leveraged loans have seen huge outflows in recent months, with investors pulling 16 percent of total assets since September’s peak."

Emile Pope

Garbage. You forget to mention that the stock market is exactly where it was a year ago. That means that it's stagnant. And why don't you mention the stock market from the time donald became president?

Carlos Ponce

"You forget to mention that the stock market is exactly where it was a year ago." WRONG, WRONG WRONG. In one year Dow Jones"1 year change +3.08%", +14.88% Year-to-Date, 3-year change +47.88%"

https://money.cnn.com/data/markets/dow/

"exactly where it was a year " would show a change of 0.00%.

Emile Pope

And then it flatlined...

Carlos Ponce

Emile, you are looking foolish because the facts show you are making things up. And the source is CNN, no some right wing blog.

Brian Allen

In the 8 years Obama was president, the Dow increased by 113%



https://www.forbes.com/sites/chuckjones/2019/06/12/can-trump-beat-obamas-stock-market-returns/#6349d74b4c88

Gary Miller

Emile> I checked the market and it's doing just fine, up 15% so far this year and going higher.

Emile Pope

15% from when. Not from last year...

Carlos Ponce

Did Emile BOTHER to check the CNN website I provided earlier? Of course not. It would show he is wrong?

Carlos Ponce

As of noon +14.97% for the year according to CNN.

Michelle Aycoth

There is a mentality out there amongst Democrats to be Trump no matter what.

Andrew Aycoth

Bailey Jones

Recessions are an inevitable part of the business cycle. We're overdue for one - and whoever is president at the time will get the blame, justifiably or not. The 5 recessions we've had since 1980 have all begun during Republican administrations, so don't be amazed if one begins in the next 15 months.

Gary Scoggin

Don’t confuse the OANN/Fox Crowd with macroeconomics and history. It ruins their narrative.

Gary Miller

Bailey> 2021 is more than 15 months. Will there be another recession? Of course but not during a growing economy. Not as long as the labor market is tight because of a shortage of qualified workers and more jobs available than workers seeking jobs. Everything is anti recession.

Gary Miller

Bailey> PS Wage growth of 3.2 % a year is very anti recession.

Diane Turski

Ha! Ha! The Democrats are NOT creating a recession, and they are NOT trying to create a recession!!

Ted Gillis

Gary Miller, can you please name one liberal hedge fund manager that wants a recession, to back your false claim. Just one please. And not George Soros, as he’s been the right’s “go to” Boogie Man for the last 30 years.

Gary Miller

Ted>for obvious reasons none of them put their name on the attempt.

Gary Scoggin

Then how do you know it’s happening? Is there some other analysis or evidence you can provide? It’s a serious charge to be presented without evidence.

Paula Flinn

Not one of my Dem friends wants a recession.

We are all in this economy together.

Gary, please quit hating!

Carlos Ponce

Paula, outside of your circle of friends, Democrats are begging for a recession.

“It feels like some Democrats are cheering on a recession because they want to stick it to Trump. “I’m not gonna name names, but you just get a sense.” - Rep. John Delaney, D-Md

Gary Miller

Diane> The only time Democrats create a recession is when they are out of power. Like now.

Diane Turski

Ha! Ha! Gary, your claim that "The only time Democrats create a recession is when they are out of power" is ridiculous!! The only time the Dems are out of power is when the Republicans are in power. Therefore the Republicans are in a position to create a recession, which they certainly did in 2007-2008!!

Carlos Ponce

Dianne, without the 60 majority in the Senate, neither party is in power. A simple majority does not imply "power".

Jim Forsythe

Diane, you are right. The president controls the pen. Mitch controls the Senate, They are in charge for now. If this is not true, it mean that no one is in charge under Trump.

Carlos Ponce

Jim: another person who needs to study government.

Charles Douglas

I'm in a melancholy mood right now, don't you want to know why? Well I'll tell yall. See, I was watching my Dallas Cowboys playing the Giants, and "Ezek" was showing off!! So what you ask? I'll tell you what! I had to stop watching the game to inform some and remind others, that we have witnessed the most powerful, efficient, prolific spy organization ever assembled, the most proficient, counter-terrorists operatives on the planet, the most dishonest, selfish, greedy politicians consisting of Democrats, and Republicans ever imagined, go after Candidate Trump and later President Trump, with a goal to utterly destroy him! Why? There are many reasons why. Some natural, and many supernatural. Nonetheless, all have failed!! Correction, FAILED MISERABLY!!! I'm going to let you in on a little secret. A certain man prophesied in a church service I was in about three years ago that everything we see happening now, and has happened, WOULD HAPPEN!! My point is, and the reason I took the long way around to make my point is this, any ordinary politician would have been crushed and swept from the Presidency long ago under the most devastating, horrific, accusations, lies, false charges, innuendos, and fake media bombardments this world has ever witnessed!!!! Now unless my eyes deceives me, OUR President is still standing ...sending out tweets daily, because he can't get a fair shake from DCNN DMSNBC, DABC, and DCBS!!!! Now if you still don't get it,....let me bring it to the house for you. Donald Trump will be the next President Of The United States, and there is no recession, or any other power, or trick,nor lie told from the lips of humans which will be able to stop it from happening! I'm not gonna debate the merits or negativity of a recession here today! I will say this, God said Isaac sowed in a time of FAMINE and reaped one hundredfold! I pay no attention to recessions, because my success is tied to heaven's economy,...where there is no such thing as poverty! I'm like that tree planted by the waters, whose roots crawls down to the river, and do not care when it rains next, nor is it afraid in the years of drought when they come!!! (Jeremiah 17:7-8 ). Let those who have eyes to see, and ears to hear, ...See and hear! God many times will use certain men like Cyrus The Great, and King Darius, who were not Godly men but were used by God to facilitate a happenings or a purpose he wants to happen on earth! Note** Nobody can hurt who God is helping, and nobody can curse who God has BLESSED!! If you don't believe me,... just wait, and you can thank me in 2020 when Netanyahu of Israel and D.J. Trump are reelected Prime Minister, and President respectively, Much Love!!!!

Charles Douglas

Say Amen to that!!!! I gave myself an offering it was so good!

Gary Scoggin

“God many times will use certain men like Cyrus The Great, and King Darius, who were not Godly men but were used by God to facilitate a happenings or a purpose he wants to happen on earth! ”. I suppose this list could include Pelosi, Clinton and Obama, too. How do we know which ones God is helping? Do we just define it as people we happen to like? (I do admire your passion, though!)

Carlos Ponce

"How do we know which ones God is helping?" - "By their fruit you will recognize them." Matthew 7:16 "I will make you [Abram] into a great nation, and I will bless you; I will make your name great, so that you will be a blessing. I will bless those who bless you and curse those who curse you; and all the families of the earth will be blessed through you." Genesis 12:2 - 3 - Now consider who had a city in Israel named after them....... Pelosiville? No. Clintonburg? No. Obamaton? No. Trump Heights? Yes.

"Netanyahu inaugurates Trump Heights, Israel's newest town on the Golan Heights"

https://www.washingtonpost.com/world/netanyahu-inaugurates-trump-heights-israels-newest-town-on-the-golan-heights/2019/06/16/2207cd24-9041-11e9-956a-88c291ab5c38_story.html

Charles Douglas

[thumbup][thumbup] Straight-Up truth. Some should ask those six or seven nations who attack Israel back in 1967 if God is serious about them and their country! My advice to people in any discussion, is if they are not helping Israel, then walk away and not hurt them. If not, there will be a price to pay, a price they will not like.

Paula Flinn

Netanyahu is a war hawk threatening Iran. He is not God.

Carlos Ponce

"Netanyahu is a war hawk threatening Iran." Really, Paula? This surprises you? Iran has been chanting, "Death to Israel!, Death to America!" since the 1970s and you say Netanyahu is threatening Iran? If someone were to tell you, "I'm going to kill you!" you would just sit back, smile and say, "Oh, that's nice." ? Sheesh!

Jim Forsythe

Trump Heights is just a symbol of interim prime minister Netanyahu and Trumps idea of what matters.

Trump Heights :"48 hours after the grand opening ceremony, already the lush artificial astro-turf – FAKE GRASS – the Prime Minister had stood on was piled up carelessly a couple of meters away from the sign. Nearby is a dilapidated barn, some gates leading to nowhere, and a lone tractor chugs by. It’s not a settlement so much as a barren field, surrounded by more nothingness. Even if the Netanyahu government are serious about developing the idea, progress is unlikely to be forthcoming any time soon. Netanyahu failed to form a government in the May elections, and currently only serves as interim prime minister. He can authorize no funding or building in Trump Heights"

Carlos Ponce

A cut and paste from Cindy Yu's Spectator.us column. [yawn][yawn][yawn][sleeping]

Jim Forsythe

Bruchim name was changed to Trump Heights by Netanyahu, and has a population of 1,093. If this is what gets you excited , great for you.

Netanyahu has no real authority to make such decision to change the name. As such, Trump Heights currently exists in name only.

"Legally, no new localities can be established before Israel's elections in September. "Anyone who reads the fine print in this 'historic' decision will understand that this is nothing more than a nonbinding, fake policy," former cabinet secretary Zvi Hauser told the Times of Israel. " "Let's hope President Trump does not know that his name is being used for this public relations exercise," he added."

Charles Douglas

Gary> You asked, "How do we know which ones God is helping? Well Gary my short answer would be God is helping the man that the most sophisticated, most powerful, and most successful spy network, FBI OPERATIVES, CIA, Organization, and Counter-terrorists Agency ever assembled on the face of the planet, could NOT frame, take down on phoney, made-up charges, nor hate oriented insurance initiatives, set up to ensure that the man who won the 2016 American Presidential election,.. Donald Trump would either lose or be kicked out of office if he won. Now, do you know of anyone else with the kind of power, which could overcome the power, which I mentioned above? I certainly do not. Now I know there are many who are not believers in GOD or his word, ..fact is I have even read where one individual said just that on this forum a week or so ago. However, blaspheming the Holy Spirit is not my thing, and I would hope you feel the same way. ( Matthew 12:31-32 ). I have said many times, time will tell, let us just wait and see if I'm right. It won't be long. If I am wrong, there will be a straight-up apology coming forth, but I would not count on me being wrong! I met an old man once who informed me that he was wrong twice in his life! He went on to say the SECOND time he was wrong was when he thought he was wrong the first time. Lol.

Gary Scoggin

Charles, i admire and respect your passion for the Word. I too am a believer in Christ. I’m not a believer in our President. The former doesn’t obligate me to be the latter. There are many ways to interpret the Bible. If there is one and only one correct interpretation, I have my doubts that any of us have landed on it. This fact alone is why it shouldn’t be used as an absolute guide for public policy, especially when it comes to Israel.

Charles Douglas

Just for clarification, the power I referred to is the same power that raised Jesus from the dead! Somehow I don't think Mr.Comey, Mr. Brennan, Mr. Flapper, and the rest of that pack can complete with that, ..but that's just me.

Dan Freeman

Well that got weird[alien]

Charles Douglas

Well Mr. Freeman that is no surprise to me. Things are always weird where there is a lack of knowledge and understanding! Not everybody invest in the time, effort, and work it take to learn the ways of God, his word, and what moves his hand. So, they make up for not knowing by throwing their hands up and calling things WEIRD!!!!! PSALMS 103:7 "HE made known his ways unto Moses, his acts unto the children of Israel." I'm not talking about you sir, I'm talking about other folks in general.

Charles Douglas

The significance of my prior post was that Moses put in the work and effort to go further into the word, and to dig deeper for understanding, and the children of Israel did not care to. So there was a big gap in the understanding difference between Moses and the rest. Much Love!

Ted Gillis

How did religion get injected into this discussion? Jeez Louise!

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