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Originally posted by contractorinatractor View PostI genuinely laugh out loud when I see graphs with entirely random lines drawn on them by posters on this forum. The cryptocurrency thread is full of hilariously drawn lines. People see patterns where none exist.
Forget graphical lines and instead use common sense: the financial crash of 2007/8 has seen the wealth inequality progress to such detrimental levels that the poorer have became poorer in developed countries. Banks have been at the same old games of 2007:8, of which just a few compound house dominoes contributed to the last crash. I was surprised just how blasé they have been, straight back into the style of the previous fifteen years.
It would be a real shame to see the complicit media blame Corbyn for something not his party nor ethos' fault. Neoliberal policies that encourage mass never ending consumer debt were never going to end well. But hey, whatever gets the stock market higher and provides the illusion of wealth to a reasonably high percentage of the population.
https://www.guggenheiminvestments.co...next-recession
https://www.guggenheiminvestments.co...next-recession
Guggenheim’s Model Points to Recession in Late 2019 or 2020
Come Friday, 29 March 2019 at 11 PM, the UK will be required to leave the EU.
At the time of this market perspective publication, the expected recession start date is April
2019.
Mark Carney to leave Bank of England in June 2019 - BBC News
Now is a good time to shift out of risky assets into non-cyclical defensives....Last edited by DimPrawn; 6 March 2018, 20:34.Comment
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Originally posted by DimPrawn View PostUpcoming doom:
https://www.guggenheiminvestments.co...next-recession
https://www.guggenheiminvestments.co...next-recession
https://moderndiplomacy.eu/2018/03/0...ct-march-2019/
http://intensity.com/wp-content/uplo...on-Outlook.pdf
Now is a good time to shift out of risky assets into non-cyclical defensives....Comment
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Originally posted by DimPrawn View PostUpcoming doom:
https://www.guggenheiminvestments.co...next-recession
https://www.guggenheiminvestments.co...next-recession
https://moderndiplomacy.eu/2018/03/0...ct-march-2019/
http://intensity.com/wp-content/uplo...on-Outlook.pdf
And finally, the idiot zirp money printer heads back to Canada in June 2019...
Mark Carney to leave Bank of England in June 2019 - BBC News
Now is a good time to shift out of risky assets into non-cyclical defensives....
Doesn't your intelligence kick in to full gear when you see a URL that uses such formatting?
I'm just making these ones up as examples:
realmoney.io
citymoneynewsfeed.bitly
realfinancenews.co
They look legit, but only to your gran. A clued up individual of the previous decade on the internet would refer to hobby websites and be rightly ridiculed. It's now mainstream for these junk websites to gain ad revenues from posting misinformation and make it believable enough to enhance clicks from the likes of you. Get that adblocker installer!
There's a reason you should be reading news as close to the source as possible. If you haven't learned differentiation ability from years of using the internet then you need to attend a short university course about the evaluation of sources.
In addition you can find almost all variations of a viewpoint on the internet on such junk sites - this doesn't mean you are ok to pass them off as substantive and valid of a particular viewpoint. It's this crap that brought us brexit.Last edited by contractorinatractor; 6 March 2018, 20:42.Comment
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And a very reliable predictor of recessions, the flattening of the yield curve leading to an inverted yield curve...
https://fred.stlouisfed.org/graph/?g=iSDU
Look like the yield inversion is not too far off....Comment
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Originally posted by contractorinatractor View PostDoesn't your intelligence kick in to full gear when you see a URL that uses such formatting?
I'm just making these ones up as examples:
realmoney.io
citymoneynewsfeed.bitly
realfinancenews.co
There's a reason you should be reading news as close to the source as possible. If you haven't learned differentiation ability from years of using the internet then you need to attend a short university course about the evaluation of sources.
In addition you can find almost all variations of a viewpoint on the internet on such junk sites - this doesn't mean you are ok to pass them off as substantive and valid of a particular viewpoint. It's this crap that brought us brexit.Comment
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Originally posted by contractorinatractor View PostI genuinely laugh out loud when I see graphs with entirely random lines drawn on them by posters on this forum."Never argue with stupid people, they will drag you down to their level and beat you with experience". Mark TwainComment
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How do trend forecasters cater for the Trump factor?
No manner of lines can predict when he'll drop a bomb such as imposing tariffs to start a trade war ("there won't be a trade war", "trade wars are good", "the USA would easily win a trade war")Maybe tomorrow, I'll want to settle down. Until tomorrow, I'll just keep moving on.Comment
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Originally posted by DimPrawn View PostAnd a very reliable predictor of recessions, the flattening of the yield curve leading to an inverted yield curve...
https://fred.stlouisfed.org/graph/?g=iSDU
Look like the yield inversion is not too far off....
Most amateur predictions seem to be always two years or so into the future, even when you recall last years and the year before.
The next crash has already started but has been masked by asset purchase schemes and liquidity injections, this will make it hit all the faster when it breaks through these distortions.Comment
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