Listen: Peter Navarro, Mr Trump And Mr Navarra discussed on The Nicole Sandler Show
"The dow dropped eight hundred points after the bond market showed for the first time in more than a decade cade an inverted yield curve well. That's an indicator that has proceeded every recession in modern history m._s._n._b._c.'s taylorsville. She explains the simple terms. This is a plot of interest rates of bonds that have different maturity dates so if you bought and you're only going to be invested for for under five years your interest rates going to be pretty low if you're prepared to commit money for a longer period of time five years ten years fifteen years in theory the longer you loan your money for the a better interest rate you get right. That's a normal yield curve. When the yield curve goes flat means it bonds of different maturity rates five ten fifteen twenty twenty-five thirty years. You know they're stable. You get the same rate no matter how long you invest your money. This is a sign that an economic slowdown might be coming flat yield curve. If the long term interest rates rates are below short-term interest rates. This is called an inverted yield curve. The last time we saw one of these inverted yield curves was right before the last recession hit in late two thousand seven. I'm not trying to scare anyone with information. I'm trying to explain to you that this does tend to be a warning sign of things to happen. The conservative wall street journal aditorial board blasted the trump administration and adviser peter navarro for being the driving force behind policies that appear to be driving the entire world economy into recession. The editorial began bluntly quote after we warned last week that u._s. Trade policy was courting recession white house aide. Peter navarro zero took to fox business to denounce us for sounding like the people's daily the chinese communist propaganda arm that was novel as criticisms of these columns go but but perhaps mr navarra would care to comment again after wednesday's recession warning from the bond and equity markets are they commies to the editorial concluded with with a few stern words to trump himself quote stop the trade threats by tweet call a tariff truce with china europe and the rest of the world while negotiations resume with a goal of reaching a deal by the meeting of pacific nations in november. Someone should tell mr trump that incumbent president to preside over recessions within two years of election really get a second term suspect was finally taken into custody wednesday night ending an eight hour shooting standoff in philadelphia that left six six police officers wounded at"