Discover and read the best of Twitter Threads about #Recession

Most recents (19)

I saw the movie #Hustlers for a third time.

My thoughts center the character Destiny, #fostercare #kinship and #sexwork

This is a thread
In the movie #Hustlers we see that Destiny was raised by her grandmother who was on a fixed income and not in the best health.

#fostercare #kinship #sexwork
Destiny became an adult and worked as a #stripper a legal form of #sexwork

I really identified with her character as our stories and experiences of aging out mirrored eachothers.

#fostercare #kinship #sexwork #socialwork
Read 17 tweets
#Russia
#Racism
#Recession

The #Russia narrative wouldn't cooperate.
#Mueller
#QAnon
2, #RussiaRacismRecession

@RealCandaceO: The #Racism narrative won't cooperate.
3. #Russia #Racism #Recession

Now, even the dog-gone Bloomberg #Recession narrative won't cooperate! bloombergquint.com/onweb/hold-tha… #JustWalkAway
Read 3 tweets
Trump's ego-based trade war has decimated the farming and manufacturing sectors. This chart shows that US exports are at their lowest level in a decade. Other countries don't want to buy American goods anymore thanks to Trump's policies. Business owners are furious. #Recession
Trump's golf resorts are doing well, however.
Read 3 tweets
The only thing keeping us from a full blown #TrumpRecession is your consumption. The consumer is strong while all else fails. If you limit your spending until #Election2020 you're helping to get #Trump out of office. RETWEET

#Resistance #DeutscheBankLoans #ResistersUnite #resist
Tariffs have increased prices on large appliances and other big purchases. It's in your best (#resister) interest to hold off on any big purchase until after the election. You'll ensure Trump can't boast about the economy, and you'll save money after #Dems are back in power.
You may think interest rates are low, so it's a good time to spend, however as the #TrumpRecession gathers steam the fed will need to lower rates. New #Dem prez will reduce tariffs. That will increase your buying power in 2021 and help @thedemocrats economy flourish.
Read 12 tweets
My post on LinkedIn about my interview experience in 1996 @amazon blew up. But a bunch of people asked me why I left after 3 yrs and boomeranged 14 years later. So I thought I’d tell the story here #AWS #amazon #techjobs

linkedin.com/posts/joshuabu…
Everyone assumes that if you’re “successful” by some measure they seen you got there through a series of brilliant chess moves or you were an overnight #success. Occasionally that’s true, but far more often it looks like this
My first 3 years at amazon were amazing. We changed the world of #ecommerce, survived competitive threats that were supposed to kill us, invented lots of 😎 #tech that’s now commonplace in websites. But it was also exhausting. I worked 6-7 days a week, every week for 3 years 😓
Read 17 tweets
The #MSM has rededicated itself to impeachment, &/or failure of our President. Any good news is off limits. The NYT has decided the new mantra is no longer Russia or Racism. Now they are going to “create” a faux RECESSION. Why? Because no one knows what it really means; & sounds
2/ close to DEPRESSION. In a real #Recession , wages are depressed, consumer confidence sinks, & trade imbalances negatively affect the GDP/economy FOR TWO or more quarters. We have NOTHING pointing towards a recession. But #Democrats are going to try & make it happen.
3/ The Federal Reserve (a Deep State puppeteer) will play a key role. If they continue to negatively affect Trump’s efforts with rising interest rates, instead of taking off “and going to the moon,” America will find itself in an falsely induced higher cost of borrowing money.
Read 10 tweets
#Recession fears have spiked because of a reliable indicator that the USA is entering an economic recession. Throughout market history, anytime the yield on 10-year treasury notes went below the 2-year rate, recession followed. That happened today, so investors are fleeing.
#Dow Jones Industrial Average way down. Mega-banks are taking solid uppercuts to the chin today. Citigroup is down 5% right now.
Trump's trade/tariff war on China has not only decimated US agriculture, but it has added to a global economic slowdown. The Fed will now likely give in to his flip-flopped demand that they lower interest rates again. We may even see negative yield before its over.
Read 6 tweets
#CBOE #VIX #volatility index, also known as #WallStreet's "fear gauge" records biggest one-day spike in 10 months
MSCI’s All-Country World Index, which tracks #shares across 47 countries, fell for a six straight day on Monday - marking its longest losing streak this year.
Read 10 tweets
@c_ehrbar Laugh all you want, I look at every timeframe on everything that I'm concerned with. I chose the 1H timeframe here, and even the 3m too on a facebook post, to serve as a "before" image if/when it plays out as quickly as expected. Then I can make something like this yet again.
@c_ehrbar An example of higher timeframe context that I've been providing... Notice how nicely it bounced from the .886 retracement 125 days after I posted it.

tradingview.com/chart/NDX/ca8z…

#StockMarket $DJI $NDX $SPX $SPY
@c_ehrbar I use that along with my analysis on #bitcoin itself, the individual indices, my "sum of that american indices divided by the price of gold" private chart, and several others to be almost certain of my medium-term scenario playing out, just as I was about #bitcoin goin up from 3k
Read 6 tweets
Treasury yield curve collapsing at long maturities
10yr-3mo spread today 9bps
Use utterly conventional probit regression, 1967-2019m05, 10yr-3mo spread implies 40% probability #recession in May 2020. Ich denke wir sind verloren - Danke, Drumpf! (no adjustment for term premium)
Detail on spreads, time series, below. If Cam Harvey is right, we are already *toast*
Read 5 tweets
Some argue that the #US economy could decouple from the steepening downturn in the global #economy . This is a serious misconception.

The fact is that, for the first time since the early 1900s, the US has not been the most influential player in the global business cycle. 1/
When the global financial crash reverberated through the global economy in late 2008, the Chinese leaders enacted stimulus that would break all records.

The idea, most likely, was to carry the Chinese economy through the slump of the global economy, but the slump never ended. 2/
The bank bailouts of 2008 combined with zero-interest and quantitative easing policies by the central banks forced the business cycle into expansion mode prematurely. Unprofitable banks and firms were kept operating, and the global economy “zombified”. 3/
gnseconomics.com/en_US/2019/03/…
Read 11 tweets
I do constantly wonder about two things.

First, how is it that the massive debt driven bubble in #China is so elusive to many? If look at any, any, standard measure of credit excess, it's in the red. 1/
This extremely important for the global #economy as China has been driven it for the past 10 years.

China has accounted for at least 30% of global growth and some 55% of global money (credit) creation since 2009. 2/
Secondly, why so few seem to worry about zero interest rates and swollen balance sheet of central banks?

There's absolutely no way that 10 years of these has not created the biggest and most dangerous asset bubble in history. 3/
Read 4 tweets
Great talk by @martinwolf_ at the 46th Economics Conference @oenb @suerf_org on escaping the #trap: secular #stagnation, monetary #policy and financial fragility
Before the outbreak of the global financial crisis @martinwolf_ saw himself as an orthodox economist - now suggests to read Minsky, Godley et al.
'Everything depends on everything else' - eternal truth by @martinwolf_
Read 9 tweets
For almost two years now, I've been randomly but constantly been drawn into discussions about the benefits of the euro.

The simple fact is that at the macro level, there are basically none. In the firm-level, especially in the SME -level, there are few. But, 1/
The question is, which should weigh more? The larger single-currency financial markets or a floating exchange rate that corresponds to the macroeconomic and political conditions of each country.

I think that answer, undeniably, is that the latter is more important. 2/
This is because global financial markets are very open and developed nowadays. Funding and hedging is widely available.

However, cutting wages and prices in a #recession has proven very difficult as it has been since the end of the 'liberal era' in early 1900's. 3/
Read 6 tweets
🚨#Iran
What we should know about Iran
Topic: #sanctions results
The #US department of state said that the Iranian regime is feeling the pain from their maximum pressure campaign.
#FreeIran
#IranFlood
#سپاه_عامل_سیل #خامنه‌ای_عامل_ویرانی #IranRegimeChange
🚨#Iran
What we should know about Iran
Topic: #Recession
#Iran's Exports, Imports Decline, With #US Trade Lowest Since 2000.
Iran's trade generally declined in the first two months of 2019.
#FreeIran
#IranFlood
#سپاه_عامل_سیل #خامنه‌ای_عامل_ویرانی #IranRegimeChan
🚨#Iran
What we should know about Iran
Topic: #Flood disaster
Jafar Montazeri #Iran Attorney General says posting flood news on social media “disrupts security”!!.
#FreeIran
#IranFlood
#سپاه_عامل_سیل #خامنه‌ای_عامل_ویرانی #IranRegimeChange
Read 4 tweets
[#LettreHebdo] La politique monétaire US étant maintenant pleinement clarifiée - la FED ne relèvera pas ses taux d’intérêt et adopte un biais expansionniste
=> ow.ly/xikC30o9KMq
Les indications les plus récentes montrent que la tendance des derniers mois s’est poursuivie au mois de mars, avec un ralentissement global d’origine essentiellement industrielle. #LettreHebdo
La situation générale présente des similitudes avec celle de 2015, lorsqu'un fort ralentissement #chinois entraînait un ralentissement mondial fortement concentré sur quelques secteurs économiques. #LettreHebdo
Read 12 tweets
Good morning to all 😀Interesting weeks/months ahead of us as my deflationary scenario plays out. Will have massive consequences for currencies, gold, equities etc. I keep my subscribers updated closely on Daily/Weekly updates. But for now - stay tuned for some #HZupdates 👍
"#Deflation" or "#Disinflation" have been my call for a long time. We are not out of Kondratiev's winter yet. We haven't seen the all events which unfold during K's winter. Still to come Pension Funds Crisis, Currency Crisis, Run from Paper Money ...and War #HZupdates
And "#Deflation" outlook is clear in the charts imo. I look primarily to #AUDUSD and #Copper for guidance. Observe this chart of #Copper. Major ABC pattern. Length of C can be set by the irregular pattern indicating low in Copper below 2008-levels = deflation in 2019 #HZupdates
Read 19 tweets
#Deutsche and other banks given “waivers” from @realDonaldTrump
Yes, #Obama did temporary waivers, making them pay for the 2008 crisis, w/#SallyYates working towards them paying penalties to the victims, working w/the U.K.‘s charges etc...NO, IT IS NOT THE SAME THING!
11/24/2015 Deutsche Bank Suisse will pay a penalty of more than $31 million.
justice.gov/opa/pr/justice…

The Trump administration has waived part of the punishment for five megabanks whose affiliates were convicted and fined for manipulating global interest rates... announcement
published in the Federal Register during the #Christmas holiday week.

Trump administration waivers was granted to #Deutsche Bank — which is owed at least $130 million by Donald Trump and his business empire, and has also been fined for its role in a #Russian #moneylaundering
Read 14 tweets
美国步入衰退的可能性大增
紐約聯邦儲備委員會的衰退概率指標(Recession-probablity Indicator)——使用10年/ 3個月的國債收益率曲線來預測未來12個月收縮的可能性,最近達到2008年以來的最高點——24%。據彭博數據顯示,自20世紀60年代以來,該指標已經上升了11次,其中8次伴隨著衰退。 #Recession
美帝人民在家具和家居裝修方面的支出大幅下降
Read 18 tweets

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