Recession fears arise again. The yield curve is inverting. The Dow is tanking

[DemocratSinceBirth]

https://www.google.com/search?q=dow+live&oq=dow+live&aqs=chrome..69i57j69i65j0l4.3471j1j7&sourceid=chrome&ie=UTF-8

[Stare Decisis]

1. 1.53% is hardly tank in and recession is already built in it the previous correction.

Please don't panic.

[smirkymonkey]

2. The one upside to going into a recession is that it will make Trump much

less likely to be re-elected in 2020. His policies are finally taking root and the economy is reacting.

[onenote]

3. Tanking? It's dropped down to slightly higher than it was on March 8.

In other words, the market has given back its gains from the past two weeks. It's still around 2000 points higher than it was at the end of last year (less than 3 months ago).

If I had a nickel for every time someone on DU declares the market is crashing and we're about to be in a recession, I could buy a lot of stock.

[DemocratSinceBirth]

5. I remember when I predicted in March the markets would be down for 2018 and someone pooh poohed me.

[onenote]

8. Did you also predict it would be 750 points higher on March 22 than on Jan 2 2018?

I'm not sure how significant it is that the market was lower on December 31 2018 than on January 2, 2018 when, within weeks after December 31, 2018 it had recovered and was ahead of January 2, 2018.

Picking artificial time periods (one week, one month, one year etc) for comparisons is what people do, but it really doesn't make that much sense if one is in the market for the long haul.

[DemocratSinceBirth]

9. Are not the equities market usually measured on a quarterly or annual basis ?

And are not arbitrary measures, i.e. those made up on the fly, the least accurate of measures? I never intended to provide a five year, ten year, or one hundred year forecast. I just made a forecast using oft used metrics like measuring the market on an annual basis.

[onenote]

12. Quarterly and annual measurements are convenient but otherwise meaningless

For example, it probably was more meaningful that the last week of 2018 the market was on an upward trend, gaining nearly 1500 points, than the fact that it was down when one looked back to the beginning of the year. Indeed, if a year had 13 months instead of 12, then the market would have been up for the "year".

Year-to-date measurements also are often used as a convenient way of describing the market, but they can be misleading too.

[DemocratSinceBirth]

13. I wasn't trying to make a long term projection. I was just musing on today's action.

I am pretty confident in predicting the economy is slowing and will continue to slow throughout this year and next. The only question in my mind is by how much. It is more likely than not Trump will be running for re-election in an an economic climate that is the same or slower than the one he bequeathed that he relentlessly ridiculed.

[Wellstone ruled]

4. The main reason for the sell off is

Trump selecting Moore. Moore is a total crack pot and not even a Economist. Just a Talking Head from the Koch Industries Stable of Liberterian's .

[elleng]

7. Could be, and if 'confirmed,' (no way to do that!)

I'd be HAPPY to accept the markets are rational!

[elleng]

6. Markets down.

S&P
-1.70%
Dow
-1.59%
Nasdaq
-2.08%

[Wellstone ruled]

14. Next week is the end of the month

for trading. (28 th) and every day after is gravy. This Moore pick has the Traders and Hedges scared shitless.

This sucker is a total supply sider and believes printing money is the answer to Tax give aways.

[Johnny2X2X]

10. Stock selloff is just noise, but the Fed

The Fed quietly said in the last week that they are forecasting growth down and expect unemployment to rise the rest of the year.

[Turbineguy]

11. Nobody will notice the Mueller Report