anonymous
Guest
anonymous
Guest
GOOD
The US Economy is as GOOD as it gets…Every company I know is having a record year. They have no fear of the coming year but do not expect 2020 to be as good as 2019. All traditional metrics that judge the state of the economy are green. There is no better place to be in business on the planet. Interest rates will remain low and NO inflation of significance is on the horizon. Wages are UP and unemployment is DOWN. Housing continues to be strong with signs of decline in states like California and NYC where taxes and housing cost are out of control. Long term accelerating debt and a decline in families having children (decline in birthrate) will be an issue… but not in my lifetime.
BAD
The political environment is a mess. Nothing productive comes out of the battles between parties. Driving a bigger wedge between the left and right. A study of Socialism will show it does not work. Venezuela, Spain and other European countries have proven a failed model. I do not like any of the candidates on either side. I have had personal dealings with Trump and do not like him but do like MANY of his policies. Wish he was not such a bully and would go to charm school..The left has gone way too far to the left making way for a more centered candidate… Bloomberg will have a difficult time getting his own parties nomination…the rest of the current candidates cant beat Trump. Don’t be surprised if Hillary jumps in when Biden loses water.
Hillary could beat Trump with a proper VP by her side and a more moderate platform if Trump continues to lose support. If Warren, Bernie or other radical candidates appear to get the support of the party then I think the stock market and economy TANK and I go 100% to cash and hide deeper in Sedona The environment and climate change are a huge challenge but one trip to Mexico City and China will make it painfully evident that this is more than a US battle to find a solution. Bloomberg focusing on eliminating Big Gulps at Circle K or knocking on doors in South Texas to get gun owners to give up their guns would cause a Civil War.
UGLY
I worry about a catastrophic event that will change life as we know it. All it would take is a dirty bomb at Disneyland or at a shopping center in Springfield Missouri or a cyber attack from IRAN or a missile exploding in NYC shot from Korea.
I do not worry about a recession in the next 2 years but do see a reason to lighting up my stock portfolio to a MORE conservative position…BEFORE something UGLY happens.
The US Economy is as GOOD as it gets…Every company I know is having a record year. They have no fear of the coming year but do not expect 2020 to be as good as 2019. All traditional metrics that judge the state of the economy are green. There is no better place to be in business on the planet. Interest rates will remain low and NO inflation of significance is on the horizon. Wages are UP and unemployment is DOWN. Housing continues to be strong with signs of decline in states like California and NYC where taxes and housing cost are out of control. Long term accelerating debt and a decline in families having children (decline in birthrate) will be an issue… but not in my lifetime.
BAD
The political environment is a mess. Nothing productive comes out of the battles between parties. Driving a bigger wedge between the left and right. A study of Socialism will show it does not work. Venezuela, Spain and other European countries have proven a failed model. I do not like any of the candidates on either side. I have had personal dealings with Trump and do not like him but do like MANY of his policies. Wish he was not such a bully and would go to charm school..The left has gone way too far to the left making way for a more centered candidate… Bloomberg will have a difficult time getting his own parties nomination…the rest of the current candidates cant beat Trump. Don’t be surprised if Hillary jumps in when Biden loses water.
Hillary could beat Trump with a proper VP by her side and a more moderate platform if Trump continues to lose support. If Warren, Bernie or other radical candidates appear to get the support of the party then I think the stock market and economy TANK and I go 100% to cash and hide deeper in Sedona The environment and climate change are a huge challenge but one trip to Mexico City and China will make it painfully evident that this is more than a US battle to find a solution. Bloomberg focusing on eliminating Big Gulps at Circle K or knocking on doors in South Texas to get gun owners to give up their guns would cause a Civil War.
UGLY
I worry about a catastrophic event that will change life as we know it. All it would take is a dirty bomb at Disneyland or at a shopping center in Springfield Missouri or a cyber attack from IRAN or a missile exploding in NYC shot from Korea.
I do not worry about a recession in the next 2 years but do see a reason to lighting up my stock portfolio to a MORE conservative position…BEFORE something UGLY happens.