The Booming Economy Myth

by Daniel Carter Even with the media’s constant barrage of negativity, Trump has been able to boast about one very important thing: the economy. The stock market is up to record highs, GDP growth has exceeded expectations, the unemployment rate is …

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Consumers Are Drunk On The Trump Economy

via CHRISTOPHER MATTHEWS Larry Kudlow is right: with an economy this good, there’s no chance investors will be distracted by the political drama in Washington—even if that drama includes the conviction of the President’s campaign manager and personal lawyer on corruption charges. …

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So much for that “booming” economy. Warning signs everywhere. Try checking the consumers’ health, specifically credit card debt and auto loans.

https://twitter.com/GlobalProTrader/status/1032352429851987968 Odds of a recession getting closer per Bloomberg's neural net.algorithm pic.twitter.com/4ic3C3GzP8 — Not Jim Cramer (@Not_Jim_Cramer) August 22, 2018 For the first time in five years existing home sales fell for four consecutive months. Exactly what one would expect …

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