Where Are the Markets Heading Long-Term?
We are dangerously close to a tipping point. We don’t need a specific catalyst, just the straw that breaks the camel's back.
As we leave the summer months and move towards the US election, I decided to take a deeper dive into the economy to see how things are shaping up. I was hoping this would give me some additional insights into where the markets are heading, and indeed, the results of this exploration have been both clear and surprising. Although much of the data points to long-term trends rather than immediate shifts, the long-term ramifications have to be noted.