My recession call is early. However, I am earning over 5% in my CD, and when the market does tank, it won’t take me down with it. I purposely exited the market early, expecting it to start dropping this fall. It looks now like I was 1 – 2 quarters early. However, I am in good position earning risk-free over 5%. Soon, these markets will tank, and when markets tank, they don’t give any warning.

Is there any doubt the market will tank? The last 10 housing busts on record have led to recessions, except the two busts occurring during the Korean and Vietnam Wars (wars are good for the economy). Now, the Iran war is just causing more debt, so it is not stimulative as the other wars were. I’ve always admitted I’m not a market timer, but a long term investor. If you want to do some good short term trading, check in with Chris Johnston. He’s very good at that.