2007-03-06 22:26:40 · 10 answers · asked by Anonymous in Business & Finance ➔ Investing
Yes. The yield curve is inverted. Every single other time that there has been an inversion in the curve, there has been a recession. The only question now is are we in for a hard or soft landing?
I think it's oversimplifying things a bit to blame the economic environment on any party. Goodness knows they both make more than their fair share of poor business decisions in the name of politics.
2007-03-06 22:53:37 · answer #1 · answered by BosCFA 5 · 1⤊ 0⤋
I got a big kick from Gem's answer. She does have a valid point. But there are many scenarios that can and do lead to recessions. Her's is one. People not being able to pay for their overpriced homes they bought might be another. People going bankrupt from paying for medical bills might be another. The U S not being able to any longer sell their worthless paper to foreign investors might be another. Who knows? Oil might go to $80-$100 a barrel yet. I can think of many more options that might lead to a recession. A stock market crash might.
2007-03-07 09:16:17 · answer #2 · answered by Anonymous · 0⤊ 0⤋
Yes we are.
And we can thank the Democrats in Congress for this one. They continue to pass laws that eliminate American jobs, with the exception of unions and the unions are running every non-union good paying job right out of the country.
Do yourself a favor and drive through any industrial area, chances are there are tons of empty businesses and guess what, those jobs are NEVER coming back. Never.
But hey, go buy more cheap crap at WalMart so that a few million Chinese can make a living, while your fellow Americans lose their homes, healthcare & self-esteem.
Hang on folks, it is going to be a bumpy ride.
And to the anti-Republican. The trade policies that are allowing hundreds of thousands of jobs to flow to Mexico were written by Democrats and signed by Clinton. So what would make that George's fault??????
2007-03-07 06:38:59 · answer #3 · answered by Gem 7 · 2⤊ 1⤋
Consumer confidence is very high, all Stores except Walmart has turned in positive and very positive numbers. Employment data is very promising with tens of thousands of jobs even 100 of thousands of jobs added last few months. This is as of today 8th, March. Then why should there be a worry about R.
2007-03-09 13:00:46 · answer #4 · answered by Mathew C 5 · 0⤊ 0⤋
some day sooner or later in the future. if it was predictable in the near future that we would have a recession then it would be advisable to sell stocks now and buy when the recession bottoms out
since the stock market is hard to predict just buy when stocks are low and replace low performers and stop asking niave questions
2007-03-07 14:50:29 · answer #5 · answered by mrrosema 5 · 0⤊ 1⤋
No. The market went through a standard correction after weeks of record breaking numbers. Thank the liberal press for exaggerating this one as usual.
2007-03-07 09:58:40 · answer #6 · answered by Anonymous · 0⤊ 1⤋
"This is wilder than the wild west"-- George W. Bush
2007-03-07 06:36:56 · answer #7 · answered by Geeeyaaa 4 · 0⤊ 0⤋
I'd like to know the answer to this myself!
2007-03-07 06:31:37 · answer #8 · answered by Bob H 2 · 1⤊ 0⤋
Is there a Republican president? Then yes. As always with a Republican president.
2007-03-07 06:33:48 · answer #9 · answered by Anonymous · 0⤊ 4⤋
"Yes" - Alan Greenspan.
2007-03-08 00:15:58 · answer #10 · answered by Anonymous · 0⤊ 2⤋