Try not to freak out too much, but you should be aware that there are a number of troubling economic indicators that are flashing bright red right now that point to increased odds of an oncoming recession: Business investment fell in the most recent quarter and manufacturing has been declining since the beginning of 2019. These were supposed to be the big winners of the 2017 Trump/Republican tax plan. But instead of investing in business and wages, companies have mostly used the tax break to buy back shares at a record high pace, enriching their shareholders (including themselves), not...
[Read the rest of the story at 20somethingfinance.com]
[Read the rest of the story at 20somethingfinance.com]