Recession? Headlines in Search of a Story: MSM Refusing to take economy’s soundness for an answer

[The Purge]

Recent breathless headlines of impending recession exposed the “experts” more than the economy. In attempting to see over the economic horizon, they appeared more to be seeking to see past this administration. The economy remains sound, even as attempts to discredit become less so.

On August 19, the Washington Post’s first sentence summed up its one-dimensional angle on the National Association for Business Economics’ August survey: “Most economists believe the United States will tip into recession by 2021, a new survey shows, despite White House insistence the economy is sound.” So it went, with most establishment news outlets bent on finding the gray cloud around today’s current sterling economy.

Negative news sells. Perhaps it has always been thus, though it certainly seems most prevalent when the news is adverse to this administration.

Interestingly, the latest NABE survey showed something else — an improvement over the previous survey — if the time had been taken to read it. As the survey stated in its section on the economy, “Compared with results in the February 2019 survey, respondents, on balance, expect the next U.S. recession to occur later.” In other words, the survey shows an improved outlook regarding recession.

Respondents predicting a recession this year dropped from 10 percent to 2 percent. Those anticipating one next year also dropped, from 42 percent to 38 percent. Presuming these more optimistic respondents must put their predictions somewhere, they moved them to 2021, causing this later estimation to rise from 25 percent to 34 percent. Finally, those predicting the next recession would be even later moved up from 11 percent to 14 percent.

Despite three of the four groups reporting a better recession picture, the headlines managed to deliver worse news on the economy. All this, despite the evidence before America’s eyes

(Excerpt) Read more at spectator.org ...

They totally are rooting against the home team! The yield curve is nothing but a predictor of Fed dovishness to begin with, and the definition of a recession is TWO quarters of NEGATIVE growth IN A ROW. It’s impossible that will happen in the next year. So sorry Dimwits, you’re more likely to find a Russian spy hiding in the oval office bathroom closet!

 

[pknopp]

An economy that has people (including Trump) clamoring for lower rates is not sound.

 

[Dan Stubbs]

Recent breathless headlines of impending recession exposed the “experts” more than the economy. In attempting to see over the economic horizon, they appeared more to be seeking to see past this administration. The economy remains sound, even as attempts to discredit become less so.

On August 19, the Washington Post’s first sentence summed up its one-dimensional angle on the National Association for Business Economics’ August survey: “Most economists believe the United States will tip into recession by 2021, a new survey shows, despite White House insistence the economy is sound.” So it went, with most establishment news outlets bent on finding the gray cloud around today’s current sterling economy.

Negative news sells. Perhaps it has always been thus, though it certainly seems most prevalent when the news is adverse to this administration.

Interestingly, the latest NABE survey showed something else — an improvement over the previous survey — if the time had been taken to read it. As the survey stated in its section on the economy, “Compared with results in the February 2019 survey, respondents, on balance, expect the next U.S. recession to occur later.” In other words, the survey shows an improved outlook regarding recession.

Respondents predicting a recession this year dropped from 10 percent to 2 percent. Those anticipating one next year also dropped, from 42 percent to 38 percent. Presuming these more optimistic respondents must put their predictions somewhere, they moved them to 2021, causing this later estimation to rise from 25 percent to 34 percent. Finally, those predicting the next recession would be even later moved up from 11 percent to 14 percent.

Despite three of the four groups reporting a better recession picture, the headlines managed to deliver worse news on the economy. All this, despite the evidence before America’s eyes

(Excerpt) Read more at spectator.org ...

They totally are rooting against the home team! The yield curve is nothing but a predictor of Fed dovishness to begin with, and the definition of a recession is TWO quarters of NEGATIVE growth IN A ROW. It’s impossible that will happen in the next year. So sorry Dimwits, you’re more likely to find a Russian spy hiding in the oval office bathroom closet!

The Media really wants something bad to happen so they can blame Trump again and again and again. These people just don't give up. More and more the false news is getting out of hand and lies do no sell papers to time on the Net. I guess they are following the Hitler plan but it is not working as far as I can tell.

 

[Aletheia4u]

They wants a recession. But there is no signs of one. If there were signs? They would of have drop the interest rate very low to help the economy. But they are raising it up. They are mad that the economy isn't collapsing by now. And so they are raising up the interest rate to prevent the public from buying homes and from opening up a business. They knows that the more people are spending, that the economy grows stronger. The more money that goes into the economy, that there will be more jobs. So they are trying to discourage spending. By Soros spending his money and tax payer's money on these manufactured riots and protest. That it helped out with the economy. He should of have told the paid protesters to spend their money in Mexico or Canada. Are he should bust them in from those countries.
But they don't want the people to own a home, so that they can control the public. And so if those that are against their agendas. That they will evict them or else, they will raise their rent to force them into submission.

What Happens to Interest Rates During a Recession?