Wednesday, August 14, 2019

Treasury Yield Inversion Signals Recession

is this why the Dow is down 600+ points this morning? That's about 100 points more than the rise is stocks at their peak yesterday. Look out, because trouble is coming!
This treasury yield curve inversion is one of the most accurate recession signals in history! It hasn't been wrong once in the past half century! This is a huge red flag!

Monday, August 12, 2019

Update: Corn Goes Limit Down on Crop Report Results

I have learned that the price of corn plunged this morning when the US Department of Agriculture released the latest crop planting report, indicating that the corn crop is significantly higher this year than originally forecast. The price of corn futures today is limit down, dropping 25 cents today! 


Corn Price Decimated

The price of corn today was hit hard due to China canceling all purchases for this season. This is devastating for farmers, who have been struggling to make a profit.
This quote from CNBC today:
"U.S. farmers lost their fourth largest export market this week after China officially cancelled all purchases of U.S. agricultural products, a retaliatory move following President Donald Trump’s pledge to slap 10% tariffs on $300 billion of Chinese imports."