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Originally Posted by Dpeck100
Yes it has.
There are always different factors that influence markets and we have been in uncharted territory for years.
I am not sure what to think. Logic would say the business cycle still exists and a slow down of some kind would be natural. On the other hand anyone with a pulse can find a job. The system doesn't have the bad debt that existed in the mid 2000's so if there is a contraction it won't be anywhere near as deep.
Today the jobs numbers came out much stronger than anticipated. It was good news and bad news for markets because stock investors want the FED to lower rates.
I find it hard to see a serious downturn with this strong of job market but anything is possible. We have been battling a weak global economy for quite sometime and the US has been the leader and their weak performance could easily finally catch up with us.
It is really hard to know and most economists have so much position bias based on politics that they aren't much help.
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Yeah ask 10 economists you'll get 10 answers. Every day for 20 years I've seen one or more of them predicting imminent doom. Always the same mantra. It's laughable.
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Last edited by Peter_Spaeth; 07-05-2019 at 09:14 PM.
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