A US recession is looming. 100% of the time these keys indicators happen, the US falls into a recession. You could argue a global recession will follow or is already happening.
Food at home in US at CPI at 6% year over year. It’s at 13%.
Real Yield Curve inverted. Most inverted since the 1980’s.
US Dollar up 20% over a 52 week period. Happened in May and August.
-Source Greg Weldon, CEO of Weldon Financials on Real Vision.
All of these have happened in the last 6 months. This is not a FUD post, this is a wake up call to anyone who doesn’t have a strategy or plan. If you plan is to DCA regardless then disregard this recession, if you are a trader, then this is important.
Personally, I’m a long term investor. I have no problem watching the market tank. I’m saving to buy more when this hits the fan. What is your plan?
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