IT’S THE ECONOMY STUPID…OR IS IT? HOW TO DISCUSS THE FALSE CLAIMS OF THE #1 GOP TOPIC.
DON’T BASE OPINIONS ON 30-SECOND ADS. RESEARCH THE STATE OF OUR ECONOMY.
Jeff Sommer reported in the New York Times on August 10, 2018, in his article “Vanguard Warns of Worsening Odds for the Economy and Markets”:
“The chances of a recession by the end of 2020 are mounting. And the prospects for the American stock market in the next decade have worsened appreciably.
Those are prognoses, not facts. But they’re not just offhand projections, either. They are the sober assessments of Vanguard, the $5 trillion asset management firm. And they suggest that the current good times may amount to a reprieve: an opportunity to make sure that you are prepared for a storm.”
Stay tuned for more talking points on this subject in next month’s newsletter!