A recession is coming, that much we should all be able to agree on. Sure, we can debate the exact timing, but the reality is the global economy is going to have a significant melt-down soon. And when the economy falls into a recession the stock markets go down with it. It may be starting today, or start next week, or not until next year, but make no mistake, it is coming.
Not only are we sure it is coming, we are convinced that the next recession will be much deeper and far more caustic than previous recessions. We say this because the next recession will be truly global. We believe that the coming recession will make the 2007–2009 period seem like a cake walk…..CLICK for complete article
Investors received more bad news Monday morning as an escalation of the trade war between the U.S. and China drove stocks even lower following a horrible performance last week. The latest wave of selling comes on reports that China will be raising tariffs on $60 billion in U.S. goods to 25 percent in retaliation to U.S. President Donald Trump’s latest round of tariff hikes on China….CLICK for complete article
As each of the seven largest credit-card issuers in the US reported a troubling jump in default rates to levels not seen in the better part of a decade, we noted last week that relaxed lending standards combined with ‘Non-GAAP’ FICO scores suggest that the American consumer is in far worse shape than many had realized – which could seriously threaten stability during the next recession (if the Fed ever allows one to happen)….CLICK for complete article
From Economic Turmoil to Your Family’s Prosperity
Saturday, March 16th, 2019 – 12:45pm to 5:15pm at Mt Royal University in Calgary
Andrew Ruhland and Integrated Wealth Management is hosting “Alberta Crossroads 2019” as an antidote to the chaos unfolding in Alberta, to protect families from being hurt further by the perfect storm of bad policy, attacks from Enviro-radicals with no push-back from industry, and a blasé federal government that appears intent on killing the oil and gas industry.
Their solution: Alberta Crossroads 2019 will give attendees the facts from clear-headed experts, AND specific action steps to get back in control of their financial future. Watch Andrew’s video below.
Early Bird price of $99 until March 10th, $149 thereafter – CLICK HERE to reserve your seats.