OtherGround Forums Yield curve inverted this morning, hold on!

8/14/19 11:42 AM
4/1/10
Posts: 59880

Yield curve inverted this morning, the last time this happened it signalled the great recession.

S&P is breaking through the short term support levels.

Hold on to your hats!

8/14/19 11:43 AM
3/21/12
Posts: 12173

meh, I've got a shitload of cash to the side. wake me up when spy is down 25%

8/14/19 11:43 AM
6/2/14
Posts: 2123

The only difference is the Fed can't cut rates any further.  The safety net has been exhausted.

8/14/19 11:44 AM
3/23/07
Posts: 59750
Zned - 

Yield curve inverted this morning, the last time this happened it signalled the great recession.

S&P is breaking through the short term support levels.

Hold on to your hats!


Last time it happend was in Dec 2018.

8/14/19 11:44 AM
9/22/16
Posts: 17198

My wife and I have have been waiting for this recession. We've built our savings, have a small monthly payment on our home, and only one small car payment.

We're hoping a crash in real estate values allows us to purchase a vacation rental home by the beach.

8/14/19 11:46 AM
1/23/14
Posts: 1195
saglv -
Zned - 

Yield curve inverted this morning, the last time this happened it signalled the great recession.

S&P is breaking through the short term support levels.

Hold on to your hats!


Last time it happend was in Dec 2018.

Boom roasted

8/14/19 11:46 AM
1/23/14
Posts: 1196
AnthonyWeiner - My wife and I have have been waiting for this recession. We've built our savings, have a small monthly payment on our home, and only one small car payment.

We're hoping a crash in real estate values allows us to purchase a vacation rental home by the beach.

lol look at this selfish motherf*cker

8/14/19 11:47 AM
6/13/03
Posts: 23696

Dont be a homeslice

8/14/19 11:50 AM
6/2/14
Posts: 2124
AnthonyWeiner - My wife and I have have been waiting for this recession. We've built our savings, have a small monthly payment on our home, and only one small car payment.

We're hoping a crash in real estate values allows us to purchase a vacation rental home by the beach.

We've been doing the same thing.  So if 3 of the 5 commenters so far have been holding their money back...we're fucked.  Not sure how yet, but we won't outsmart this setup.

8/14/19 11:55 AM
3/21/12
Posts: 12174
dignan - 

The only difference is the Fed can't cut rates any further.  The safety net has been exhausted.


Look to europe, rates can definitely go lower. We're in a low growth world until technology and innovation takes another huge leap forward.
8/14/19 11:57 AM
8/29/09
Posts: 14449
fiznadd -
AnthonyWeiner - My wife and I have have been waiting for this recession. We've built our savings, have a small monthly payment on our home, and only one small car payment.

We're hoping a crash in real estate values allows us to purchase a vacation rental home by the beach.

lol look at this selfish motherf*cker

Look at me too, then.

 

Waiting for property values to drop so I can buy a new house, then rent my current home for 60% over my mortgage.  After that, start scooping up foreclosures for rental properties. 

8/14/19 12:00 PM
12/22/10
Posts: 22681

OP has been run of fthe forum in the past for his failed predictions. 

He is literally fake news. 

8/14/19 12:00 PM
2/5/06
Posts: 38432

Does that mean housing prices will fall?

I know fuck all about financial shit.

Harder to get a mortgage loan?


I'm close to buying a house, job/income is not in jeopardy at all. It would be great for me if the housing market takes a little dive and I can get one for much less than what they are going for now.

8/14/19 12:00 PM
8/1/07
Posts: 6864
AnthonyWeiner - My wife and I have have been waiting for this recession. We've built our savings, have a small monthly payment on our home, and only one small car payment.

We're hoping a crash in real estate values allows us to purchase a vacation rental home by the beach.

That's sad. Taking advantage of an awful situation is one thing, rooting for the market to crash so you can buy a cheap vacation home is scummy.
8/14/19 12:02 PM
10/4/18
Posts: 2265
AnthonyWeiner - My wife and I have have been waiting for this recession. We've built our savings, have a small monthly payment on our home, and only one small car payment.

We're hoping a crash in real estate values allows us to purchase a vacation rental home by the beach.

Yup!
Edited: 8/14/19 12:09 PM
4/1/10
Posts: 59881
saglv - 
Zned - 

Yield curve inverted this morning, the last time this happened it signalled the great recession.

S&P is breaking through the short term support levels.

Hold on to your hats!


Last time it happend was in Dec 2018.

 

This is the first time since the great recession that the 2yr and 10yr bills have inverted. December 2005.

https://www.cnbc.com/2019/08/13/us-bonds-yield-curve-at-flattest-level-since-2007-amid-risk-off-sentiment.html

 

8/14/19 12:05 PM
5/22/09
Posts: 1480
TzTinkle -
dignan - 

The only difference is the Fed can't cut rates any further.  The safety net has been exhausted.


Look to europe, rates can definitely go lower. We're in a low growth world until technology and innovation takes another huge leap forward.

Rates can and will go lower.  Potentially a lot lower.  Some people are calling for 5 cuts between now and end of 2020.

 

Also, just a side note, but as much as people laugh at millenials they could be what pushes the US economy forward significantly in the coming couple of decades.  There are more of them than baby boomers now and the average millenial is just getting to the point where they start forming families, which means spending money on homes, cars, babies, dogs and whatever else.  Most developed countries have big problems with an aging populkation but the US does not.

8/14/19 12:07 PM
2/4/07
Posts: 29802

If a recession does happen, it's a mistake to think it will look like the last recession did.

8/14/19 12:09 PM
3/21/12
Posts: 12175
TheRoguewrestler - 
AnthonyWeiner - My wife and I have have been waiting for this recession. We've built our savings, have a small monthly payment on our home, and only one small car payment.

We're hoping a crash in real estate values allows us to purchase a vacation rental home by the beach.

Yup!

I ain't that greedy, I will just be looking for good deals on trucks
8/14/19 12:10 PM
4/1/10
Posts: 59882
fiznadd - 
saglv -
Zned - 

Yield curve inverted this morning, the last time this happened it signalled the great recession.

S&P is breaking through the short term support levels.

Hold on to your hats!


Last time it happend was in Dec 2018.

Boom roasted


nope.

https://www.cnbc.com/2019/08/13/us-bonds-yield-curve-at-flattest-level-since-2007-amid-risk-off-sentiment.html

8/14/19 12:12 PM
3/23/07
Posts: 59751
Zned - 
saglv - 
Zned - 

Yield curve inverted this morning, the last time this happened it signalled the great recession.

S&P is breaking through the short term support levels.

Hold on to your hats!


Last time it happend was in Dec 2018.

 

This is the first time since the great recession that the 2yr and 10yr bills have inverted. December 2005.

https://www.cnbc.com/2019/08/13/us-bonds-yield-curve-at-flattest-level-since-2007-amid-risk-off-sentiment.html

 


2-10, yes. But generally saying that "the last time the yield curve inverted it signalled the great recession" isn't quite accurate.

https://www.bloomberg.com/opinion/articles/2018-12-03/u-s-yield-curve-just-inverted-that-s-huge

8/14/19 12:12 PM
10/16/10
Posts: 28189

A couple of weeks ago Germany's entire yield curve went negative for the first time ever. Strange days.

8/14/19 12:13 PM
3/23/07
Posts: 59752
Stache - A couple of weeks ago Germany's entire yield curve went negative for the first time ever. Strange days.

There are different factors in every cycle. The rise of tech stocks in the last 20 years is a once-in-a-century type structural change in the economy.

8/14/19 12:14 PM
4/1/10
Posts: 59884
Stache - A couple of weeks ago Germany's entire yield curve went negative for the first time ever. Strange days.

You can get a negative rate mortgage in Denmark.

8/14/19 12:14 PM
4/1/10
Posts: 59885
saglv - 
Zned - 
saglv - 
Zned - 

Yield curve inverted this morning, the last time this happened it signalled the great recession.

S&P is breaking through the short term support levels.

Hold on to your hats!


Last time it happend was in Dec 2018.

 

This is the first time since the great recession that the 2yr and 10yr bills have inverted. December 2005.

https://www.cnbc.com/2019/08/13/us-bonds-yield-curve-at-flattest-level-since-2007-amid-risk-off-sentiment.html

 


2-10, yes. But generally saying that "the last time the yield curve inverted it signalled the great recession" isn't quite accurate.

https://www.bloomberg.com/opinion/articles/2018-12-03/u-s-yield-curve-just-inverted-that-s-huge


Sorry...

"The last time the 2yr and 10yr inverted it signalled the great recession."