Whether you're watching CNBC, Twitter or another news outlet, you're hearing a great deal of talk about the odds increasing that the Fed will drop rates soon. Everyone's cheering it on..........yet no one's talking about recession possibilities. Don't say 'recession' on live tv! Keep that notion out of your head! At least I believe that's what Trump is thinking as he warms up for his 2020 campaign. He wants the market "up, up, up". A strong stock market with plenty of green and profits in your pocket. If it fails after 2020, so be it. At least he'll have his re-election and be further away from any prosecutorial attacks for four more years. If he loses, blame it all on the Democrats!
In the meantime our yield curve continues to invert, or decay if you see it that way; implying a rough road ahead for the U.S. as China and European countries slowing low and behold, the U.S. having a "global market", the U.S. looks to be slowing as well. Shocker!
Now the US housing market is slo