“We are in a bubble; it could be an ugly bubble; when
they burst it’s not a good thing,” he said. “We’re going to go into a massive
recession. But I always say, if I’m president it’s not going to happen.”
Just a casual observation but the last time I looked job growth is strong,
labor force participation is improving, we're beginning to see a wee bit of wage inflation and
judging from the uptick in housing starts and a new record in the sale of light vehicles consumers are more bullish than they have been since the Great Recession. Interest rates are low, the dollar is strong,
and the US has the best relative growth of all the advanced economies.
Who is that man pulling the levers behind the curtain anyway?
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