American Consequences - December 2019

This Is When the Next Recession Begins

Market strategists, financial journalists, and investors are calling for a recession in 2020. Some would have you believe it’s already begun. Moreover, many folks conclude that this recession will launch the next great bear market, popping the current market bubble in equities. The headlines grab attention. They generate views and ad sales. The comments could even be called incendiary.

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Don’t believe the hype.

These folks are looking at insufficient data. Or worse, they simply already believe something to be true and are looking for data to support it. If “market bubble” headlines are grabbing the attention of the readers, it’s easy for the financial press to pour more fuel on that fire.

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December 2019

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