Wall Street Unplugged - Your Best Source For Finance, Investing & Economics

Ep. 488: Frankly Speaking: Officially The Greatest Company In The World

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Sinopse

Welcome back to another episode of Frankly Speaking! Keep the questions coming!   The first topic of the day covers the inevitable... A recession. The business economy is one big cycle. Historically speaking, the markets expand, contract, and recover... over and over again. Where do we stand today? Well, theres been a lot of positives to takeaway from the markets recently... Let's take a closer look... Earnings are growing by 8% thus far for nearly 70% of S&P 500 companies... Wages are growing at the highest rate since 2009... And now, due to the Trump administration -  we're looking at new regulations and a massive tax reform in the near future. Trump, so far, has sent shockwaves throughout the market but the dollar continues to strengthen. As I explain in the show, the possibility of a near economic down cycle is slim - and way further out than I initially expected. But let's get back to the point... a recession is inevitable. As investors, we want to stay aware of where the markets are heading. And alt