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Strategies & Market Trends : US Inflation and What To Do About It -- Ignore unavailable to you. Want to Upgrade?


To: John Vosilla who wrote (894)3/14/2019 4:16:35 PM
From: RetiredNow  Read Replies (1) | Respond to of 1504
 
Well, John, here are my thoughts on that. I said the same things over on Honey Bee's thread and it got me banned there. LOL. Here's the deal. I think it is a probability we go into a recession either this year or next. There are many leading indicator metrics that are rolling over, which makes me thinks so. If I believe that, then what I'd like to see happen is for the Fed and Trump to let it happen sooner rather than later. If it happens now, then it will be shorter, quicker, and will be a shallow recession that refreshes, then by the 2020 election, we will be booming again in the economy and the stock market. However, if they keep trying to prop this thing up with monetary or fiscal heroin, then they will keep blowing the stock market bubble bigger and all they are going to do with the economy and GDP is keep it limping along at lackluster growth. Already, the Atlanta Fed's nowcast is at 0.4%.

So the worst case scenario here is if we limp along with stimulus until 2020 and then the ship goes down into recession. Then for sure Trump does not get re-elected and we'll get in the Socialists running this country. That will be horrific for all of us. So if you ask me do I want a recession? Yes, I do and I want it right now. That way, we all get to buy in at cheaper prices in our chosen investment vehicle and Trump's chances for re-election next year will increase. That's my thinking on it.