| Editor's Note: Rodney explained the power of the Second Wave Cycle in his webinar at 1 P.M. today. If you missed it, there will be a replay at 7 P.M. I suggest you watch it. You'll be amazed at what it will do for your investment success.
Et Tu Mexico?
First Quarter Growth Down 0.2%
Harry Dent | May 30, 2019 | Didn't expect that! Mexico first had a worrying growth hiccup in the second quarter of 2018. Now its slowdown is looking real. Italy fell into an official recession late last year, and Germany's growth is declining fast. It barely escaped a recession with a minor bounce in the first quarter. Its demographic trends look like Japan's in the late 1990s. If it weren't one of the strongest export economies in an over-stimulated global economy, it would already be toast! The real question is not how Germany will save the EU, but who will save Germany when world trade goes down, which is accelerating ala Heir Trump. Japan is barely growing, even though its substantial Millennial generation will hit the top of its Spending Wave next year. What happens when that trend turns down and the world economy collapses? It'll be even darker days in the land of the rising sun, that's what. China keeps slowing and their official numbers can't possibly be right. You just need to look at basic figures, like electricity use and empty condos, at 22%, to know that. But, of course, they're stimulating again to "bulk" up for the great trade war. Rodney and I chatted with Gordon Chang, an expert on all things China, and one of the speakers scheduled for our Irrational Economic Summit later this year, on Tuesday. Among other things, we talked about what China is doing and why they're fighting this trade war with Trump. We recorded the conversation and will be sharing with Boom & Bust Elite members on Friday. If you'd care to listen in, you'll find details on how to do that here. But Mexico? READ MORE » Trending Stories... I'm guessing that most of us with children have listened to a cough or looked at a cut and thought, "Is it worth going to the doctor for this?" In addition to the outright cost, a doctor's visit often proves to be quite a hassle. Scheduled appointments for vaccinations or routine checkups are one thing.... Tensions were running high between the U.S. and Iran a week ago. Our troops in Iraq and Syria were under threat and we went as far as sending the Lincoln Carrier Strike Force towards Iran. The country is threatening to stockpile nuclear materials again if Europe doesn't give it aid to offset the damage from... My three children took different paths as they became young adults. They're kind enough to include my wife and me on their journeys. Through texts, emails, calls, and the occasional visit we hear about their days. From time to time, I'm reminded of the old adage that you're only as happy as your saddest child.... We're in the thick of the real estate game now. Our home is on the market, which means it's much cleaner, and more spare, than usual. When we have showings, we vacate the premises, and of course need to take the dog. That's more of a challenge than we'd thought, but she's gotten used to... Given that we're in the greatest global bubble in history, almost everything is overvalued. We're expecting central banks to keep printing money, interest rates to stay near zero, growth to continue "into a plateau of prosperity." Just like 1929. Dare us to say: it's hard to find good value investments out there. Look at this... | 
No comments:
Post a Comment