It’s the Economy and Other Headlines
[Headlines from DRJ]
This week:
Yesterday:
At the close yesterday:
— DRJ
[Headlines from DRJ]
This week:
Yesterday:
At the close yesterday:
— DRJ
Pronounced "Patter-EE-koh"
E-mail: Just use my moniker Patterico, followed by the @ symbol, followed by gmail.com
Disclaimer: Simpsons avatar may resemble a younger Patterico...
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Q: Who will TrumpWorld blame his recession on?
Dave (1bb933) — 8/15/2019 @ 8:18 amTrump world will blame the recession on the econmic cycle. We’re due for a slow down. No expansion goes on fovever.
rcocean (1a839e) — 8/15/2019 @ 8:20 amI’m definitely not in the TrumpWorld, but I don’t blame Trump for any coming recession. As rcocean pointed out, it’s just the economic cycle. Some expansions last longer than others, but none of them last forever.
Chuck Bartowski (bc1c71) — 8/15/2019 @ 8:31 am“The economic cycle” is a description, not an explanation, of what the economy does.
It’s like saying the Patriots won’t always be one of the top teams in the NFL, because “no team stays on top forever”. But the Patriots descent into mediocrity or worse (when it happens) will be attributable to specific causes (Brady retiring, departure of this or that other key player, other teams raising their game, etc).
Likewise, the next recession won’t just happen because it’s time for one. There will be specific economic causes, and one of them will surely be Trump’s destructive mismanagement of trade.
Dave (1bb933) — 8/15/2019 @ 8:54 amHeartache: Trump appears to back off plans to commute Blagojevich’s sentence after pushback from Illinois Republicans
Fredo’s letting himself be pushed around by Illinois Republicans now? What are there, like, three of them?
Trump went on to say that he’d learned from this incident that it’s a good idea to consult people who have some knowledge about a situation before shooting his mouth off about it.
(That last part was a joke)
Dave (1bb933) — 8/15/2019 @ 9:07 amI haven’t heard anything about the market today.
AZ Bob (885937) — 8/15/2019 @ 11:28 amIt’s up a bit today…
Colonel Haiku (2601c0) — 8/15/2019 @ 11:34 am4 and 5… it’s the bile that quite literally keeps this fellow afloat.
Colonel Haiku (2601c0) — 8/15/2019 @ 11:36 am7… the Dow, at least.
Colonel Haiku (2601c0) — 8/15/2019 @ 11:41 amWould like to see a post specific to this:
To Save a Bad Gun Law, Democratic Senators Threaten the Supreme Court
“I just finished reading of the most astonishing legal briefs I’ve ever read. It is easily the most malicious Supreme Court brief I’ve ever seen. And it comes not from an angry or unhinged private citizen, but from five Democratic members of the United States Senate. Without any foundation, they directly attack the integrity of the five Republican appointees and conclude with a threat to take political action against the Court if it doesn’t rule the way they demand.”
https://www.nationalreview.com/2019/08/democratic-senators-threaten-supreme-court/amp/?__twitter_impression=true
harkin (58d012) — 8/15/2019 @ 11:50 amsigns of deflation, markets are reacting, Fed not so fast.
Colonel Haiku (2601c0) — 8/15/2019 @ 11:52 amOther ‘head’lines:
HAPPY 50TH BIRTHDAY, WOODSTOCK.
The music made the ‘trip;’ if you were 18 then droppin’ acid, you’re feelin’ groovy now at 68– poppin’ Advil.
DCSCA (797bc0) — 8/15/2019 @ 11:59 amThanks for contributing to the discussion!
Dave (1bb933) — 8/15/2019 @ 1:18 pmOne of our PhD students was murdered in a drive-by shooting last night in LA:
Dave (1bb933) — 8/15/2019 @ 1:35 pmYour quite a trooper, Dave. To point out daily what shciff holes a large number of Americans are and you have not left for Canada. Well done.
mg (8cbc69) — 8/15/2019 @ 1:37 pm