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Deep Drill into Data Shows Re-Accelerating Economy in 2020

September 27, 2019
Deep Drill into Data Shows Re-Accelerating Economy in 2020

Investors who look more deeply into what the market is saying will always do better. The consensus market mantra is that we are “late cycle” and that a recession is coming soon. Cue the bear market soundtrack.

As regular readers know, I don’t agree, and there’s data to back me up. Not every cyclical is telling us that we are “late cycle.” It will pay to heed that counsel. This upcoming week, global purchasing manager indexes for September will be released. It’s likely they won’t be so hot. The mantra will be repeated.

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