Re: NYTimes.com: How the Recession of 2020 Could Happen

[http://dummy.us.eu.org/robert (Robert)]

 > From: Heather Howard <http://www.gmail.com/~hhoward40>
 > Date: Sat, 17 Aug 2019 10:18:34 -0700
 >
 > Robert, do you agree with this analysis?

For the most part.

I always look to see what is overpriced.  In 2000, it was stocks.  In
2007, it was houses.

In 2018 and this year, it still is housing!  So, amazingly, it's quite
possible that the downturn will be lead by a collapse in house prices
again.  However, banks are more careful this time, so I think the
recession will be less bad.  Aside from the depth of the recession, as we
were talking about last night, nobody knows when the recession will start.

 > From The New York Times:
 > 
 > How the Recession of 2020 Could Happen
 > 
 > The freeze-up in business confidence, caused in part by the trade war, could 
 > wind up affecting consumer confidence.
 > 
 > https://www.nytimes.com/2019/08/17/upshot/how-the-recession-of-2020-could-happen.html