127 – U. S. Recession


“Everyone has a plan until they are punched in the face”  Mike TysonMike Tyson

Stock Market real high

Britain votes whether to leave the European Union on June 23rd.

Europe has lots of problems.

U.S. will have a new President in November.

Last jobs report was bad.  States and cities are going broke.

Germany has big elections coming up next year.

If Britain votes to leave Europe does that mean the U. S. will elect Trump in November.  Some believe so.  People all over the world are not happy with the status quo.

A Trump win in November probably is very good for main street not so good for Wall street.

Hillary is not without her troubles.  She may have to pick Elizabeth Warren as her running mate just to placate the progressive Bernie voters.

Migration fatigue and Nationalism are running rampant in Europe.  Will Germany leave the EU ?????

U.S. economy back to where it was in the late 1970’s ????????

Lowest labor participation rate since 1977.  62.6%

U.S. stocks often tumble as two-term presidents leave office.

I discuss China problems, Mexico problems, exporter countries have problems, oil countries, South American socialists problems, Southern European countries problems.

Not a good outlook, so how was the 2016 recession for you???????

I don’t know, we may not have one, but it looks more and more likely.

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