Does anyone seriously think we’re heading for a recession?

Personally I have no idea.

But that's the only scenario that I can see where Trump would be in trouble in November 2020. imo a large part of Trump's base isn't as solid as many think, and a lot of folks are sticking by him and justifying all of the strange Twitter rants and oddball behavior because the economy is humming.

China just devalued it’s currency, means everything from there is cheaper, and we cut rates, while we are the best place to invest. Money should be flooding in to our markets, stay fast.....

My buddy who is a high net worth broker dude told me his high net worth frickers are all sitting on a bunch of cash in anticipation. I think this is the middle class equivalent of saving your dollar bills all month for the strip club, but not sure.

Personally, I think we are in a small recession now. Then I think it will be over around December to March time. Then expansionary period again going into reelection.

Yes, eventually we will have another recession

It’s all relative my man. A rising tide raises all ships. Our high water mark is just higher now for what constitutes a recession. The bar has been raised. So 18,000 points might well be a recession in today’s economy.

Again, sell high and buy low. If we do see a contraction stay the course in the market. Don’t spook. Unfortunate too many folks get scared and sell off to preserve cash and savings. But those are the folks that think they can throw all of their free cash flow into the market to increase their returns but the fact is the only feel smart when the market is up and rising. In reality they’ve out leveraged their assets and can’t afford a dip.

I can’t say if a recession is near. All I can point to are the economic factors indicative of a pullback that are present currently. Investors can make of them what they will. I agree with the poster above that we trend towards the thought that we are currently in a bit of a contraction with rate cuts and inverted yield curves present. The market also appears to be very volatile to economic shifts. When a market is expanding things like currency devaluations have less of an impact on investors because they feel bullish on other sectors of the economy as a whole.

I think we will be fine. This is temporary and hardly a bubble buster.

Wall Street loves volatility in the market. They are making big bucks right now on put options and calls on the vix (volatility index). In a week or so when the narrative doesn’t make sense for the market to go lower, they make the same big money on the way up. Recession isn’t even close.

Agreed. Not nearly a bubble buster for sure.

What's unfortunate is you are seeing more older people take risk in equities because they aren't getting paid on safe assets. This is a unique market we haven't seen in a long long time. I don't think we will see a recession but more of a stagflation type situation comparable to the lost decade in Japan. I was against a rate cut because it is the last juice we have left after the tax cuts unless the government just starts giving everyone checks.

I have concerns all of Trumps Corporate deregulation could lead to another 2008 crash.