New York The Dow fell more than 700 points Wednesday after the bond market, for the first time in over a decade, flashed a warning signal that has an eerily accurate track record for predicting recessions.Here's what happened: The 10-year Treasury bond yield fell below 1.6% Wednesday morning, dropping just below the yield of the 2-year Treasury bond. It marked the first time since 2007 that 10-year bond yields fell below 2-year yields.
That means investors are nervous about the near-term prospects for the US economy. Bonds and yields trade in opposite directions, so yields sink when investors buy bonds.Part of the yield curve has been inverted for several months. In March, the yield on the 3-month Treasury bill rose above the rate on the 10-year Treasury note for the first time since 2007. It inverted again on July 24 and has remained negative.
This is all part of the plan FOLKS. Nothing to worry about. Trust me I know the biggest words. This is going to be hugely! Keep America Great. Buy my straws and suck it!
Thank you Don the con and the GOP senate!
That is going leave a mark on 2020
What goes up must come down............
I’m guessing this is on Obama
“Recession fears” means the dawning realization that Trump and the sycophants with whom he has surrounded himself are profoundly incompetent. They have been riding the Obama recovery’s coattails for 2 1/2 years.
This news just came in world renowned psychic says Donald Trump bombed out in the election and lost
It is really simple Lose jobs you lose votes
Markets are really crazy.. not yo say dumb af
He is a great negotiator, he knows the stock market, he will get this economy moving again. He( number 45 ain’t shit!!!!)
Impossible with that amazing billionaire running the country. He said so
Woah!!
Jiminy crickets the writing has been on the wall since the BillionDollarLoser stole the election. Only fools were thinking the economy was good.
Blame Brexit
Trump is to thank
You jokers want a recession . People lose their jobs and retirement. Just like that pos Maher. Shameful.
realDonaldTrump On you, baby!
Everybody's money going down the crapper
Trump was half right. He said we'll be sick of winning.
Don the con is doing a fantastic job and his supporters are going to enjoy the ride I hope. I really hope they will, because it will be all their fault.
Republican Economic Policy does not work. Every time it is tried the economy crashes worse than the last time. Donald Trump is no exception. The only consolation is the quicker it crashes the less damage will be done.
TrumpRecession That's what happens when a child like Trump plays with matches, the economy goes up in flames. Republicans need to exercise a little parental control.
The entire economic community tried to explain this to Trump at the beginning of his term, but he’s smarter than the average bear!
cnn this:
😱
SAD!
What a crock!!
It’s only a matter of time, Emperor has NOCLOTHES
You just cant help yourself can you?
“BUSINESS GENIUS HE SAID”
There is no recession. Jerome Powell over at the Feds created this
Great job mr trump- NOT!!!
Democrats must be happy! They care more about getting back into power than the welfare of American families! They make my ass sick!
Once again, the orange realDonaldTrump muffin quickly finger pointed the Fed and he blinked despite China facing the protesters in HK. China put a final nail in the coffin by put a completely stop buying agriculture products from the US.
That'll put the nail in trump's coffin like it did to bush.
Trump will be crying
But the economy is booming right?
The power of Bill Maher.
Time to put you money into gold, sheep and handguns.
Winning
TrumpRecession 📉
When the Stock Market's gone down, Trump has blamed: The Fed, the Democrats, the Polls, the Midterms, and the Mueller Probe. But, when it's gone up, he's credited only one thing: Himself. And if you don’t see a problem with this, you're part of the problem.
I AM NOT AFRAID
So much winning
What I’d like to know is: If Trump had done nothing could he have ridden on the good economy all the way to November 2020?
Recession and Boom are Cyclical subsequent occurrences can be much anticipated due no hedge funding
If my investments have to take a hit to get that baffoon out of office in 2020, then I’ll take it. Don’t sweat it and hold long term (unless you’re broke or about to retire in a year) even if a recession hits you’re still better off in the markets than it sitting in a bank.
If your financial advisor has filed bankruptcy five times had to close his fraudulent charity and you still hire him ..........? These were all warm ups for 'his coup de grace' how to make personal money by bankrupting the country. Our great negotiator........ ?
How can there be a recession? Trump said there would never be one while he was in office.
It is all the immigrants', muslims' and jews' fault.
It's Obama's fault said the fox in office.
Trump and the Republicans and those who they are beholden to don't care about retirement accounts of the rest of us. But a recession looks bad for a 2020 election. ImpeachDonaldTrumpNOW
More fake ass news hahahahaha.
Recession on its way?
Tariffs is not the answer and if you don't have a replacement alternative then you need to negotiate and come up with a solution for both sides and whenever Tariffs are put in place, the farmers and the American people will pay and recession kicks in,common sense means everythin
It looks like one too many tariff threats by Trump again...and pushing them back to Christmas time isn't fooling the stock market.
Has anyone ever seen a network root sooo hard for a recession and in effect, misery and hard times for American families? Like Maher, CNN is hoping like hell for Americans to suffer as long as it possibly...in some way, shape or form...hurts Trump. Salute! You guys are awesome!
The US debt is clearly in $ 100 banknotes for 2013, today it is much more. Well, when will we pay on debt?
And the collective sigh....I told you sooooooooo.....😶
CNN is hell bent on helping the economy tank out of hate for Trump. 100% hateisthenumberoneingrediant
Radical liberals montra: Create fear to their constituents and suck them into their lies and brainwash them to vote for them.
Economy is doing great
History repears itself.
Dow Plunges 1,175 on Feb 2018-CNN. It was not the first time Dow plunges more than 700 points in a decade. You can not even report your own news correctly. Check your data .
dear leader keeps 'winning'. NOT
Bunch of 🐂💩
Funny how cnn is pushing and hoping for a recession which fits right into their narrative!
The economy will rebound and never fall into recession with a Democratic president. End of history children!
Another of my prognostications being realized in real time.
Meanwhile, Trump's base sticks their fingers in their ears and hum really loud.
Is Trump golfing again today? Hell he's only spent 7 months of his presidency driving a golf cart, why stop now right?
The amount of morons responding to this is hilarious. Economy doing great years after Obama is gone, it’s “Obama’s” economy, after it takes a hit it’s now “Trump’s” economy. Can’t wait to see imbeciles praise Obama again once it starts going back up.
This is actually good news. If the economy is down when elections start it won’t look good for Trump. If the economy is up when the elections start he will claim it as an achievement
“The Swamp”= Boomers 401ks
TrumpRecession
Will it be Obama’s fault. Hillary’s fault. Epstein’s fault. Cnn fault. Mexico’s fault. Immigrants fault....
So this is what winning is like huh? SMH
Oh boy. I know you folks are stoked right now.
Donald Trump could NOT handle a Great Depression and Americans would suffer greatly!
This is exactly what the liberal lunatics want. The crazy left should be happy.
So much losing.
And most likely up by a 1000 tomorrow. I just hope all the stock sucks get ulcers riding this orange asshole's harmful policies til it finally hits the mountainside.
This is fear mongering don’t believe the headlines
Wait a min... Have anyone seen Trump's tweet?
Trumponomics starts working.
If this is still Obama’s economy, then it’s his fault. You can’t have it both ways.
Watch out Iran. Trump is about to “divert attention”!!!
thanks realDonaldTrump trade wars are easy huh
Keep pushing it. Maybe you can make it happen or at least convince people by 2020,
This is all Trump’s fault!
Weren't the tax cuts supposed to prevent this from happening?
Apparently, billmaher is the recession genie after all...
Well a guy who went bankrupt 6 times can only drive americas economy down the cliff..with the help of corrupt republicans ofc.
Winning!
Can you say 'Thank you Trump' You are going to bankrupt America just like you did your cadinos. 'Zero' business smarts!
Stop messing with China and let the immigrants stay!
Almost time to buy. America is still the worlds best place to place park your money.
Business Business Latest News, Business Business Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Source: CNBC - 🏆 12. / 72 Read more »