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The Mark Simone Show

Hour 1 Recession

The Mark Simone Show

iHeartRadio and Mark Simone

News

4.3695 Ratings

🗓️ 15 August 2019

⏱️ 33 minutes

🧾️ Download transcript

Summary

Trump Recession, Cuomo/Fredo, and Gregg Jarrett

Transcript

Click on a timestamp to play from that location

0:00.0

Mr. New York, Mark Simone on W.O.R.

0:08.1

Hey, it looks like a beautiful day. We've got lots to get to. Are we going into a recession? We'll get to that.

0:14.5

Murder or suicide with Epstein. We'll get to that. Also, what's the next thing they're going to accuse the president of first it was

0:21.7

russian collaborator uh it's been white supremacist polling showing that's doing nothing

0:27.5

they're going to switch to the new one we'll get to that coming up uh where the stock market is

0:33.7

up the tao is up liberals democrats fake news on suicide watch. They're very upset about

0:41.7

this. Boy, were they happy yesterday when it looked like the stock market was plunging. I never saw

0:47.3

Chuck Todd look so happy. They were celebrating all day on MSNBC

0:54.6

and all over Twitter

0:56.3

all the Democrats, liberals, all over Facebook

0:58.3

they were putting happy posts about a recession

1:00.5

the big hashtag was Trump recession

1:03.1

they were just joyful about this

1:06.4

well if the economy is not doing well he's in trouble

1:09.3

the economy is doing great obviously, he's in trouble. The economy is doing great.

1:11.7

Obviously, it's on fire.

1:14.1

What caused that alarm yesterday is what they call inversion.

1:17.9

When the 10-year treasury rate dips below the two-year treasury rate, it's the curve inversion.

1:26.1

That has predicted the last, I can't remember, five or six recessions.

1:31.7

It hasn't predicted all of them.

1:33.2

It's been wrong a few times.

1:34.6

Somebody once said it's predicted 10 out of the last four recessions.

...

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