From the trade war with China to the waning effects of the Trump tax cut to a soaring national debt and more, the author of today’s article warns that “a combination of factors is causing headwinds that the US economy may not be able to overcome” – and that the “economic ax” is likely to fall next year. How might the recession of 2020 come about, how can you prepare your portfolio for it, and what may be “the best strategy for getting ready for the 2020 recession”? CLICK HERE.
National Debt
The Trumpification Of Your Wallet: What To Expect With The New Political Reality
While the prevailing “wisdom” was that Republicans were likely to come out of the election with control of the House only, the GOP now has control of both houses of Congress and the White House. So what does this outcome mean for the wallets of Americans? Today’s article looks at how this new governing reality will affect personal taxes, corporate taxes, childcare costs, health insurance costs, the national debt and the stock market. Why are all working Americans expected to see some tax relief – except for hedge fund managers? What group of people looking to retire might be in trouble with the repeal of Obamacare? CLICK HERE to read more.