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EN
Where is the Tipping Point?
['Barry Ritholtz', 'Albert Einstein']
The Big Picture
Yes, something untoward might happen; I am not yet in the camp of those who believe Pax Americana has ended.
However, the economy has been robust, corporate profits continue to grow, and markets are making new all-time highs.
My question for readers today is: “Where is the tipping point?” At what point do the chosen economic and political policies put into place by the government become an avoidable error, a self-goal, accidentally pushing the United States into a recession?
There are also increasing risks of something worse.
This administration inherited a robust economy.
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