Today’s Editorial mentions that the current bull market has become the longest in history. However, there are storm clouds gathering.
CNBC reported that St. Louis Fed economist William Emmons stated in a recent central bank report that declining home sales are “consistent with the possibility of a late 2019 or early 2020 recession.” The analysis looks at the trends in 4 US markets and overlays the previous three recessions and home sales over prior periods.
You can access the CNBC Editorial at the following link: … CNBC_070219JM
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