Collision Course!

Teetering Economy

&

MASSIVE

Overvalued Stocks & Bonds

'Where's the Recession?' You Ask?

Despite the narrative that the U.S. was in a “soft patch” that has now passed, it is quite clear that the rest of the world is not only sinking, but also sinking fast. There is no such thing, in this interdependent world, as economic decoupling or being immune from troubles abroad.

Dollar Tree to close up to 390 Family Dollar stores, reports $2.3 billion loss

The company opened 143 stores in the fourth quarter, closed 84 Family Dollar stores and 10 Dollar Tree stores and expanded or relocated 14 stores. It currently operates 15,237 stores across the U.S. and Canada.

US households see biggest decline in net worth since the financial crisis

Americans' net worth fell at the highest level since the financial crisis in the fourth quarter of 2018 as sliding stock market prices ate into the household balance sheet. 

Net worth dropped to $104.3 trillion as the year came to an end, a decrease of $3.73 trillion from the third quarter, according to figures released Thursday by the Federal Reserve. The fall amounted to a drop of 3.4 percent.

DYI: Those who hold 100% in stocks haven’t seen nothing yet! This was nothing but a small market hiccup and most has been recovered in this bear rally.  My hunch is that September 20, 2018 was the bull market peak.  From here the fireworks will only gather steam as this massively overvalued market collides with a world wide recession and possible depression.  So hang onto your hats and buckle up we’re in for a bumpy ride!

 DYI