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Will This Be The Most Forecasted Recession Ever?

Cory
February 11, 2019

Sam McElroy, Co-Founder of @Financial and @financial Investments joins me to share his thoughts on all the comments regarding a recession around the corner. We look at where he thinks opportunities will present themselves if that recession does occur. It is also important to define what type of a recession we will see. Not all recessions are copies of 2008.

Discussion
2 Comments
    Feb 11, 2019 11:12 AM

    Sam may be correct in that most ideas of recession tend to revert to the most recent one. Seems he thinks it may be a gentle one when it happens. I’ll take the other side of that bet. A slowdown will affect earnings which likely will necessitate an uptick in unemployment. With debt levels where they are, both personal, gov’t and corporate any slowdown could impede the ability of the payer to make those payments. Just can’t see how we escape that happening. Maybe Jubilee?

      Feb 11, 2019 11:18 PM

      Good thoughts Silverdollar. It’s a large debt monster that has been created and central bankers have painted themselves into a corner. Europe is a mess, Brexit is a mess, Japan is tired and flat-lining, China is starting to struggle from building ghost cities and over-extending itself, and it’s difficult to image the global economy doesn’t continue to slow over the next few years.