Given how many layoffs there have been and how much bad economic news has been coming out, I am quit surprised that we are not in a full blown technical recession. Even the DJI is touching historic highs and bond yields are down.
I know I sound like an armchair economist, which is probably why I am on here ranting instead of on a tropical beach with super models name Brooke and Tiffany, eating lobster and beluga caviar, washing it all down with fine champagne.
I can only assume that the last 5 years have been so solid for the economy that we have a long way down to go before we even begin to feel pain.
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