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Every other article out there since at least 2012 has been saying recession is right around the corner. I actually see more articles today relative to the past indicating that expansion could continue for several more years.
There's a big crew of active posters on this forum who are going to throw a party when it finally happens. If a market crash accompanies recession they'll be doing back flips high-fiving one another.
Most of the heavy industrial economy is in recession or has stabilized after a recessionary fall since 2014. Reasons commonly given are weak foreign demand (China, EMs, Europe, etc.). It hasn't spread to other areas of the economy enough to cause a general recession.
The economy is treading on thin ice right now. It may get by another year or so but it's very fragile if something disruptive happens then it could trigger a big sell off. There's no market leadership because our political system is facing uncertainty.
Great. I have been stockpiling cash that I made under President Obama's recovered economy, so I am ready to start buying up stuff if the bottom drops out again, like in 2008. The economy always has ups and downs, you just have to know when to cash in and when to buy.
Yes, articles like this come out on a frequent basis. Some financial analysts get attention with their dire warnings. Even some publish or perish academics follow the same pattern. It is not even worth the effort of trying to keep track of these charlatans or of researching their nonsense predictions.
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The economy always has ups and downs, you just have to know when to cash in and when to buy.
