The Bull Versus The Bear Case

Will all the Trump turmoil deepen the recent stock market correction into a bear market? Very few bear markets have occurred without accompanying recessions. If no recession looms, today’s historically stretched valuations could be sustained, Dr Ed says. But the Trump factor is unpredictable, and a trade war could cause a recession. Would Trump pivot before that point, pressured by the Stock Market Vigilantes? … Read on for Ed’s balanced assessment of both the bear and bull market cases. … And an unsettling question for the future: Might the “Roaring 2020s” give way to a repeat of the 1930s, “The New Global Disorder of the 2030s”? It’s all up to Trump. ... Also: Dr Ed pans “Paradise” (- -).