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Vince wrote: I just saw a chart showing that the 30 yr has been dropping pretty steady since the 80's. I can't imagine the agreement to lift the debt ceiling caps helped much.

Vince wrote: My concern is that our economy (world economy in general) is in the end stages of the cancer that has been spiraling debt. Though now that I think about it... never mind. I can't wrap my head around it this early in the AM (and that's after two cups of coffee already).

Vince wrote: Just pointing out that it's been dropping for a long time.

The White House trade advisor called it a “flat curve” because the spread was too narrow. The yield on the benchmark 10-year Treasury note dropped to 1.623% Wednesday, briefly below the 2-year rate of 1.634%.

“An inverted yield curve requires a big spread between the short and long,” Navarro said. “All we have had is a flat curve. It’s a flat curve which is a very weak signal of any possibility.”

Investors, however, did not seem to interpret the yield curve that way on Wednesday. The Dow Jones Industrial Average dropped 800 points or about 3% in its worst performance of 2019 as investors grew spooked about the U.S. economy.
...
“In this case, the flat curve is actually the result of a very strong Trump economy,” he said.

The U.S. manufacturing PMI (purchasing managers index) was 49.9 in August, down from 50.4 in July and below the neutral 50.0 threshold for the first time since September 2009, according to IHS Markit.

“Manufacturing companies continued to feel the impact of slowing global economic conditions, with new export sales falling at the fastest pace since August 2009,” Tim Moore, economics associate director at Markit, said in a statement on Thursday.

Manufacturers continued to reduce their inventories this month, which was mainly contributed to the concerns about the demand outlook, according to Markit.

U.S. overall business activity growth also fell to a three-month low as the seasonally adjusted IHS Markit Flash U.S. Composite PMI Output Index dropped to 50.9 in August, signalling a “renewed slowdown” in the rate of U.S. private sector business activity growth, Markit said.

White House trade advisor Peter Navarro said last week there are still many “structural issues” the U.S. needs to settle with China before they can reach a deal. These issues include cyber intrusion into U.S. business networks, forced technology transfer, intellectual property theft and currency manipulation, he said.

Leisher wrote: What did I wake up to?

CNBC's article actually discusses what I think is the biggest issue.

White House trade advisor Peter Navarro said last week there are still many “structural issues” the U.S. needs to settle with China before they can reach a deal. These issues include cyber intrusion into U.S. business networks, forced technology transfer, intellectual property theft and currency manipulation, he said.

YES! Why isn't the whole world joining to force China to stop being shitty? They're still making CFCs and nobody seems to give a fuck that they're the world's #1 polluter. Nope, the world only reacts if the U.S. pulls out of a toothless and one sided Kyoto Accord.

GORDON wrote: If Trump does something, it's bad. Full stop.

TheCatt wrote: China started this war in the 80s, and it's sad that we've been complicit this long.

Leisher wrote: It's constantly scanning internally and registering when external parties scan or try to gain access to my network. You know what two countries are almost exclusively responsible for that traffic? Russia and China.

TheCatt wrote:

GORDON wrote: If Trump does something, it's bad. Full stop.

Yes, we heard you the first 1,000 times.