Wednesday, August 14, 2019

MELTDOWN OF MARKETS JUST STARTING WITH THIS INVERTED YIELD CURVE?

I have mentioned several times that my financially saavy buddy used to warn me about the inverted yield curve.  It is a harbinger for recession.

Just last night, Ford and GM both warned about recession on the horizon and that they have 20 billion saved against the leaner period that this brings.

Today, Drudge is reporting the markets have kind of tanked:

https://www.drudgereport.com/

I was told to get my building supplies secured no later than August....(the end of July).

We will see.  Time always tells.  Markets are like going to a Buffalo Jump.  When the first leader (like Ford or GM starts going over) the rest tend to follow just like lemmings on steroids....

Image result for buffalo jump
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1 comment:

  1. Arnold Page ShowAugust 27, 2019 at 9:57 PM

    Got this from World Affairs Brief
    A gathering of top market people, what they call; a meeting of wickedly smart people focused on economics and markets. I don't think we can avoid escalating inflation.
    Trump is just a cheerleader, not very studious, the big picture guy easily dependent upon his Globalist Cabinet to guide him.

    https://www.mauldineconomics.com/frontlinethoughts/what-i-learned-at-camp-kotok

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