The world may not be doing well but we here in America are experiencing a mixed bag. It appears our “fake media” is pushing for a recession but they are not going to get it in time to accomplish their goal of getting rid of Trump in the 2020 election.
So, my take on the economy is we are relatively safe, that is, until after the 2020 election.
The Fed is going to give Trump lower interest rates and quantitative easing. That is going to result in rising prices or inflation. For the first time we are going to see things occurring in the economy that we have never seen before. Certain asset classes are going to rise with the stock market increases instead of the usually inversion.
Moreover, I see a slight possibility of our economy pulling through long term for a new stability and prosperity. While it is not probable, we do have the only President in history who has the capacity to make this happen!