2016 could be a bumpy ride...

EERs 3:16

New member
Oct 17, 2001
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Citi is calling for a 'growth recession' meaning GDP is growing at a rate of 1.99999999999999% or less -

Bloomberg says poppycock and all is well.....

CNBC says head for the hills....the end of civilization is upon us

So should we manage to talk ourselves into a recession (or if the oil markets drive us there) - what tools does the Fed have left to lessen the blow?

IMO the real driver of any potential recession will come from the energy sector. If oil prices stay low, we can expect lay-offs, and that's going to hurt.
 

Airport

Well-known member
Dec 12, 2001
80,896
994
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Citi is calling for a 'growth recession' meaning GDP is growing at a rate of 1.99999999999999% or less -

Bloomberg says poppycock and all is well.....

CNBC says head for the hills....the end of civilization is upon us

So should we manage to talk ourselves into a recession (or if the oil markets drive us there) - what tools does the Fed have left to lessen the blow?

IMO the real driver of any potential recession will come from the energy sector. If oil prices stay low, we can expect lay-offs, and that's going to hurt.

In 2016 a lot of Obamacare starts to kick in and that will keep busiess from investing and hiring. The Fed has hurt by keeping interest rates artificially low. If we had a predsident who wanted to start the economy up, you could let business bring back the money overseas that they have and make it tax free. Lower tax rates.