Dec 4th, 2019 | Money Podcast

MAN OVERBOARD! Tom has been warning you for more than two years, and now a recession is near. Regular listeners have made a lot of money following Tom's advice over the years. What should you do now??

In preparing for this episode, Tom used this piece from The New York Times: How the Recession of 2020 Could Happen.

Barron's also thinks a recession is coming in Trump Might Have Made a Recession More Likely. Here’s How.

Here's how Marketwatch sees 2020:  Are stock-market investors underestimating the chances of a recession in 2020?

What will you do about your IRA, your 401(k), or other investments in 2020? Write Tom directly at tom@blowmeuptom.com.

 

HOUR 1

Comments

Submitted by TallTim on

I believe you are right Tom, but I think how it will play out will be much different. It will probably result in a final last-gasp rally before it all falls apart. Just one more sucker punch to make everyone nice and comfortable before the rug gets pulled out from under.

You already have the Fed doing what amounts to clandestine-QE in the repo market, so as long as that is going on it will pump things to new highs. I do agree about your placements in bond-sensitive funds and avoiding commercial retail real estate.

Its going to be a tough year when it all rolls over.

Submitted by panc1974 on

Well Said. If history is any indicator; Everybody thought the dot.com bubble would never burst but keep growing and growing.