Monday, January 7, 2019

T+62 -- Mainstream Media Talking US Into Mild Recession -- January 7, 2019

Alexa for Seniors

**************************************
Seriously

That's the talking point over on twitter today: MSM talking US into mild recession.

Just six months ago, folks were talking about record GDP growth; less than six months later, we're talking about a mild recession.

Tea leaves: the "Fed" won't raise "rates" for at least nine months.

US sets holiday sales record -- up an incredible 42% over previous record set last year; but look at this:
  • last year (2017)
    • a record $598 billion dollars — up $33 billion from last year; up 6%
  • this year (2018)
    • a record $850 billion dollars — up $252 billion from last year; up 42%. 
Final jobs report for 2018: incredible; even The New York Times and The Washington Post gobsmacked:
So, talk us into mild recession.

I remain fully invested. My time horizon is 175 years.

Disclaimer: this is not an investment site. Do not make any investment, financial, job, travel, or relationship decisions

Connecting the dots: why the mainstream media, #neverTrumpers, the EU, and so many more do not want President Trump to get bragging rights to longest US expansion in history:


**********************************
Echo Dot

We now have three Echo Dots in our little two-bedroom apartment.

My wife sent me this screenshot from her beautician this morning. She noted that she and her beautician answered the "two questions of the day correctly." (Note: the beautician needs to move her 18th century calendar forward a couple of days.)


No comments:

Post a Comment

Note: Only a member of this blog may post a comment.