We Will Be In Recession Soon

We will be in recession by February or March of 2019.

It could be a bit sooner due to political issues, or it could be a bit later if capex picks up in a way that raises GDP and wages (even if inflationary, it will push off a recession … which will come later due to Fed hikes).

Treasury sales to fund the debt will make this all worse any way you slice it.

 

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