Most of Wall Street remains glued to US/China Trade War headlines. The mainstream media is fixated on the U.S. government shutdown. Meanwhile, each and every passing day, the economic data (i.e. reality) is reported. Our team's proprietary Macro process is built upon the bedrock of measuring and mapping this economic data daily.
Some key things to note:
- No... Chinese economic stimulus cannot save the global economy
- No... the Fed won't be able to "bend and smooth" economic gravity
- No... a resolution to US/China Trade War negotiations will not prevent #GrowthSlowing for both of those economies against truly epic compares
Instead of getting whipped around by the latest Macro Tourist headlines, we want to get you in front of the BIG macro trends that drive markets over the next 3 to 6 months. Right now, that means keeping you proactively prepared for Quad 4 (U.S. Growth and Inflation slowing) and the asset allocation outperformers therein.
Here's the reality...
The U.S. economy has accelerated 9 straight quarters. If you're keeping score, that historic run is two quarters longer than the previous record of 7 straight quarters of year-over-year GDP accelerating.
Two plus years of accelerating economic growth masks a lot of developing credit issues underneath the surface. It also fools less experienced investors into believing secular growth narratives for equally youthful companies.