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Dock Treece of Treece Investment Advisory January 15 2020
The DOW index spent most of Tuesday above 29,000 but couldn't close there.
The attached article is an eye opener. The economic expansion is the longest in history without a recession. It will eventually will come to an end. I think it is wise to be prepared. However, it is not a reason to panic. The definition of a recession is 2 back to back quarters of declining GDP. To date GDP has remained above 2%. This quarter looks to also be above 2%, that means a recession if one is to happen, is at least 9 months out.
The attached article is an eye opener. The economic expansion is the longest in history without a recession. It will eventually will come to an end. I think it is wise to be prepared. However, it is not a reason to panic. The definition of a recession is 2 back to back quarters of declining GDP. To date GDP has remained above 2%. This quarter looks to also be above 2%, that means a recession if one is to happen, is at least 9 months out.
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By 1370 WSPD (WSPD-AM)The DOW index spent most of Tuesday above 29,000 but couldn't close there.
The attached article is an eye opener. The economic expansion is the longest in history without a recession. It will eventually will come to an end. I think it is wise to be prepared. However, it is not a reason to panic. The definition of a recession is 2 back to back quarters of declining GDP. To date GDP has remained above 2%. This quarter looks to also be above 2%, that means a recession if one is to happen, is at least 9 months out.
The attached article is an eye opener. The economic expansion is the longest in history without a recession. It will eventually will come to an end. I think it is wise to be prepared. However, it is not a reason to panic. The definition of a recession is 2 back to back quarters of declining GDP. To date GDP has remained above 2%. This quarter looks to also be above 2%, that means a recession if one is to happen, is at least 9 months out.