Despite what we are lead to believe, the economy is not sound. Derivative products are unsettling and will once again wreak havoc within the financial system. Do you think that a bail-out similar to 2008/2009 will be sufficient? Or they will go above and beyond that?
There are many reasons why an economy can do well and grow substantially. Real economic factors must be present. During the recession, a temporary fix was applied to the system and the stock market kept on moving higher. So politicians decided to leave everything status quo. Anything of significance that was changed has now been put back into insanity mode. Nothing good has come out of the aftermath of the Financial Crisis.
Car loan delinquencies: Record 7 million Americans behind on car loan payments – CBS News
World trade monitor | CPB.nl
https://www.cpb.nl/en/worldtrademonitor
Slowdown at Freeport as major client changes hub
Slowdown at Freeport as major client changes hub
Walmart says tariffs ‘will increase prices’ for shoppers
https://www.cnbc.com/2019/05/16/walmart-says-tariffs-will-increase-prices-for-shoppers.html
Lagarde says the global economy has lost momentum since January – BNN Bloomberg
https://www.newyorkfed.org/microeconomics/hhdc