Had lunch today with an old friend. The topic of recession came up. Seems to be on most everyone's mind as its all the talking heads comment on.(aside from gas prices). My take is that we are probably headed towards one...as we always are....but not sure when. ( please read my previous post entitled So what exactly is a Recession? And why does it sound scary??? to get an understanding of what the topic really means)
Of course, as we were aware but chose to mindlessly forget, elections and policies do have implications.
Here is a take on the subject courtesy of our friends at First Trust,