Recession? Not in the U.S.
It's depressing that you didn't have any original thoughts while I was gone. You're just posting about the same subjects I raised months ago before summer break. So sad. Well, you can stop clinging to my shadow, because I'm back! Let's get to work.
The first order of business is this ridiculous notion that the United States might be headed toward a recession. As President Trump said, the rest of the world is in a recession but not us. Recessions in Germany and China may be our fault, but they aren't our problem. The President's job is to put America First.
The chairman of the Federal Reserve better be careful. You know what happened to everybody else Trump started complaining about on Twitter. If the chairman of the Fed doesn't cut interest rates, Trump will fire him! Not that we need a rate cut, since we're not having an economic downturn.
That yield curve thing inverted again today. Not important.
There are decades where nothing happens; and there are weeks where decades happen.