The next recession is upon us
Well, it's not what I expected. And I wish I could go back a couple of months and sell some stocks, but I was too busy at the time.
Anyway, I've been expecting a recession before the presidential election. Right now, if the elections were held I'm 100% certain the Democrat candidate would become the next president. Even four months from now it would be the same.
However, this recession (it hasn't been declared but it's very likely that the first and second quarters of the year will mark the recession) is different than most. It's being caused by an external, non-financial factor. While there are industries that will take months, if not longer, to recover the economy as a whole could recover much quicker.
Will it be a "V", with a strong crash and then quick recovery? Probably not, but I don't think it will take too long. I'm not sure if it will be back at the levels it was earlier this year for a while, but it'd be nice if it is.
I was thinking that if the economy does start a full recovery in July, there will be at least three months before the election. I'm not sure if the puppeteers behind the politics will want to crash the economy after such little recovery time, so I don't think another crash would be too likely before the election. It could happen, I just don't think it will.
If it doesn't crash again in the third quarter, then an improving economy is good for the Republican candidate, in this case Trump. It would be a good boost for him and could help convince voters to give the Republicans another 4 years in the White House.
Anyway, I've been expecting a recession before the presidential election. Right now, if the elections were held I'm 100% certain the Democrat candidate would become the next president. Even four months from now it would be the same.
However, this recession (it hasn't been declared but it's very likely that the first and second quarters of the year will mark the recession) is different than most. It's being caused by an external, non-financial factor. While there are industries that will take months, if not longer, to recover the economy as a whole could recover much quicker.
Will it be a "V", with a strong crash and then quick recovery? Probably not, but I don't think it will take too long. I'm not sure if it will be back at the levels it was earlier this year for a while, but it'd be nice if it is.
I was thinking that if the economy does start a full recovery in July, there will be at least three months before the election. I'm not sure if the puppeteers behind the politics will want to crash the economy after such little recovery time, so I don't think another crash would be too likely before the election. It could happen, I just don't think it will.
If it doesn't crash again in the third quarter, then an improving economy is good for the Republican candidate, in this case Trump. It would be a good boost for him and could help convince voters to give the Republicans another 4 years in the White House.
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