We are indeed not far from a Stock market drop of 50% or so over the next 18 month and a recession similar to 1983/84.
The Auto Industry, now, like then was the first to go. Next will be Oil. $20~$30 per barrel maybe lower.
Just because the Tyrannical Democrat Dictators and their sock puppets report some of the truths some of the time does not mean they are wrong on the Economy and Stock market.
time to look at 30y. T bills and Gold stocks/ETFs
I don’t play in the stock market, but I disagree with your “prediction.”
President Trump’s economy will be just fine.
Only a Demonic-Rat administration can screw it up.
I always hold gold in my possession.
We are a long ways off from a 50% drop in stocks. Where else will you get anything for your investment capital? The entire world is beginning to realize that the good old United States is the safest and best bet. Sure there will be hiccups along the way, however for long term growth and prosperity you won’t go wrong with a diversified portfolio of American businesses.
“We are indeed not far from a 50% stock market drop”
Really? Ok, let’s see. The markets are strictly driven by corporate earnings. Corporate earnings are driven by sales of their product. We are at full employment with low interest rates and wages rising faster than anytime in the past 12 yrs or more. There is low to no inflation of note.
It’s all propelled by consumer spending which is about 70% of our economy and consumer spending is very strong.
See here.
https://www.ft.com/content/6cb54a2a-bf55-11e9-89e2-41e555e96722
So what will be the cause of this 50% sell off? Surely you are not buying into the silliness of the inverted (for all of about 4 hrs) bond yield, are you?
If that's true, then we might as well do the drop in the next six months and use 2020 to build a new base.