Drive-By Media Hell-Bent on
Talking Us Into a Recession
rushlimbaugh.com,
by
Rush Limbaugh
Original Article
Posted By: Harlowe,
8/14/2019 5:28:38 PM
RUSH: The Drive-Bys, they’re incorrigible. Now they are literally trying to once again talk the people of this country into a recession. Now they’re doing it with the inverted yield curve. And the whole problem here is the Federal Reserve. The Federal Reserve is anti-Trump, is making a mess of the interest rate circumstance. So many people in that town want rid of Trump that they’re going to stop at nothing. It doesn’t matter what damage they do to the economy or the country. And it’s not unprecedented, folks. This has been done before.
Reply 1 - Posted by:
Westie64 8/14/2019 5:35:30 PM (No. 152377)
As Rush advises, I am not going to participate.
13 people like this.
Reply 2 - Posted by:
earlybird 8/14/2019 6:06:21 PM (No. 152396)
Yes. Today on FBN the hysteria was beyond belief. Even the few normally reserved regulars were wild-eyed, open-mouthed, raving insane. I think of a late friend, a wonderful stock broker and counselor who guided my husband for years. Calm, measured, with the wisdom that came from long years in the business, and not as a churner… He’d have been watching what is going on today and shaking his head, knowing that this was media-created and -fed. And kept going for a time by those who are too ignorant of the market to do anything but that awful thing: REACT.
9 people like this.
Reply 3 - Posted by:
earlybird 8/14/2019 6:09:30 PM (No. 152399)
The stock market is not our real economy. It is part of the global economy. Our Main Street economy is doing fine. No one even talks about it except President Trump and the smart economists who understand how healthy it is.
7 people like this.
Reply 4 - Posted by:
red1066 8/14/2019 6:12:29 PM (No. 152402)
Plus, they have lots of help on Wall Street to reinforce those rumors.
5 people like this.
Reply 5 - Posted by:
HotRod 8/14/2019 6:15:11 PM (No. 152404)
This is another reason President Trump will win big in 2020. Four more years to clean the snakes out of the swamp! The media has already turned people off. In another four years it will be, essentially, dead. People, even democrats, know that if they want facts and truth, they must get it from somewhere other than the MSM. They may cheerlead the MSM when it publishes the incessant anti-Trump attacks, but they don't know what those attacks are worth: More votes for President Trump and Republicans everywhere!
4 people like this.
Reply 6 - Posted by:
LC Chihuahua 8/14/2019 6:26:27 PM (No. 152418)
Got the impression this was more profit taking and scare tactics than a real problem. It get tedious.
9 people like this.
Reply 7 - Posted by:
WhamDBambam 8/14/2019 6:47:58 PM (No. 152429)
How is this not treason?
3 people like this.
Reply 8 - Posted by:
HPmatt 8/14/2019 7:31:20 PM (No. 152465)
Dagen McDowell, attempting to fill in for Maria Bartiromo, almost turned into Neil Cavuto this morning. For someone so bright and wonky, she couldn't stop talking about the INVERTED YIELD CURVE.....while what $30 Trillion $ came in from negative yield REST OF WORLD to 10-30 year T-Bonds.....Geeezz Megan - take a breath....
and TARIFFS are not increasing USD prices......shoot - $30 billion in ANNUAL duties on a 20 TRILLION economy, with the YUAN dropping 20% to offset landed tariffs costs on imports - $3 billion - IS NOT CAUSING INFLATION.....
just about ready to Tivo Maria in the Morning for a few months....
4 people like this.
Reply 9 - Posted by:
Geoman 8/14/2019 7:45:46 PM (No. 152474)
I can't read the economic tea leaves but believe that sustained poor economic performance could very well cost the president his re-election, especially with those voters lacking in conservative ideology. It's absolutely sick for Americans to pull for economic calamity to propel the U.S. into communism.
2 people like this.
Reply 10 - Posted by:
crashnburn 8/15/2019 12:55:25 AM (No. 152573)
This is scare mongering, Pure an Simple. An inverted yield curve always happens before a recession, however, there have been lots of inverted yield curves without recessions. At worst, the economy might slump in 6 months, as the stock market predicts about 6 months ahead, but there is no reason to panic sell, and lock in your losses. And, as other posters have said, Main Street is doing well.
I don't do technical market investing anymore; holding a broadly diversified portfolio of stocks, bonds, commodities, precious metals, etc. allows me to moderate losses in down markets. And, buying assess when they are underweight and oversold helps me buy companies at bargain, and sometimes, fire sale prices.
Checkout modern portfolio theory for more information.
2 people like this.
Reply 11 - Posted by:
judy 8/15/2019 7:12:35 AM (No. 152679)
I find it very odd that Fox goes bonkers when the stock market goes down & when its up they go silent. 75% of Fox are libs. Dagen makes me gag when she starts her anti tariff speech. China has been given a free ride for years, Trump tries to fix it and they go nuts. I don't free sorry for the companies that moved to China, received a free ride for years & now complain they may have to pay tariffs they should have been paying for years.
2 people like this.
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Comments:
Rush recently interviewed Larry Kudlow and asked him what is biggest vulnerability in our economy is right now, and Mr. Kudlow’s answer was the rest of the world because the world economy is linked; at this time, the United States is the only place in the world to put money. As Rush pointed out, the media is attempting to move public opinion, to scare people to keep them from spending money. Americans should take special note of the timing for the media’s frenzy about a recession—the presidential election is 14 months away.