@leadlagreport Is the reserve carry trade big enough to bring down the entire market? I understand rising unemployment, yield curve in-inverting, historically all time high debt, and lack of savings for most Americans BUT what I’ve been missing is the catalyst that breaks the system…
@TaviCosta@TaviCosta in your opinion is the debt, lack of savings, and unemployment enough to break the system? This is something I’ve been struggling with lately. Literally every indicator is saying recession. But what’s the catalyst that sends us over the edge!? Haven’t figured that out.
Highest level of announced job cuts for August since 2009.
1. Curve inverts ✅
2. Bull Steepener ✅
3. Unemployment spikes ✅
4. Fed cuts rates
5. Recession
This time isn’t different…it’s literally playing out the exact same as it has almost every time going back to the 1950s
@MentalUnleash Time, health, loyalty, family and faith… but it’s hard to see that because the need for money keeps you a slave to the system which in turn systemically will break you down. Mentally, emotionally and physically
@PsycheWizard Needed this one today. Thanks for the reminder 👊💪 Hasn’t been easy lately but need to refocus and get back on my grind. Success is when opportunity meets preparation
@elonmusk But make sure the wealthy pay “their fair share of taxes” lol. It would make sense if anyone knew how to run a balanced budget or heaven forbid start paying off the national debt. But inflation for life. Keep the poor poorer as time goes on. They’re literally creating inequality
Your tax dollars are being wasted to a degree that is hard to comprehend.
An aircraft carrier costs $13 billion. America could have bought a new navy to better defend the country, upgraded our highways or any one of a number of great things.
Instead, we got fraud.
@GuyTalksFinance Yes because market uncertainty right now. Number 2 it safeguards you in multiple ways. Lower monthly mortgage payment and higher chance of refinancing if housing market takes a dip. Less debt is always the way to go imo.