How many of these items have you been bombarded about lately?
- Inverted yield curve
- Negative bond yields
- Trade and Currency wars
- “Fed Chairman Powell lacks clarity in his Q&A sessions” (talk about the ultimate throw under the bus)
A recession may or may not be coming soon. Recessions have been part of the US and global economies since the dawn of recording market data which dates to the 1920’s (with recessions dating back to the 1800’s). Please see the accompanying chart that summarizes various scary events since 1970, several of which led to nasty recessions. Remember the Arab oil embargo?? The Dotcom bust?? Please also note the way the US stock market – which is based on a free market economy and the consumer – has recovered over time. Continue reading “Is a Recession Coming?”