Even Fox Accepts Looming Recession.
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Quote:Such an inversion has occurred ahead of each of the seven U.S. recessions dating back to 1967. On average, it has taken 16 months for a recession to hit, according to Bank of America Merrill Lynch data. One has started as quickly as 9.1 months and as late as 24.4 months, the data shows.
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Accepts? People have been predicting recession for 3+ years. Does not make it actually happen.

US business fundamentals are strong ... global economy has been soft for a while.

Apollo predicts USA will defy gravity... consumer spending/sentiment strong ... with holiday shopping season about to start.
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As a former broker, this is commonplace.  Every bull is replaced by a bear or vice versa.  Sooner or later you are going to be right, you just have to wait it out.
"Do not correct a fool, or he will hate you; correct a wise man and he will appreciate you." ~PROVERBS 9:8

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