Updated: November 21, 2019
I’ve been getting worried emails from investors lately, and most are about one of two big fears:
- That a 2008-style market collapse and recession are on our doorstep, and …
- America’s spiraling debt will drive it into bankruptcy.
So today I’m going to give you my take on both.
Investor Worry No. 1: Is a Recession Looming?
The first question: are we headed for a recession? This one nearly broke my inbox during the late 2018 pullback, when I said that drop was a timely buying opportunity.
Not only has growth remained above 2% this year, but low unemployment, rising sales for US companies and higher incomes have all continued, without triggering inflation.… Read more