Keep an eye on layoff’s on retail/ trucking to see whether this plays out or not. The LA port, one of the largest in the country, saw container activity dropping alarmingly.
2 Likes
The above fits my timeline of a 3rd qtr negative GDP. We are likely to slide by in the second quarter before all this starts to hit the fan in late June and early July.
I might find myself back in cash around that time.
People have lost decades of compounding trying to jump in and out of markets trying to time them.