The Flinchum File
Thoughtful Economic Analysis and Existential Opinions

Strange Bedfellows

01/15/2019

I have a great deal of respect for Dr. Jeremy Siegel of the Wharton School, but I have zero respect for Goldman Sachs.  Yet, they agree that there will be a significant economic slowdown in 2019 — but NO recession.  They also agree that 2019 faces unusually great political and geopolitical risks, which could easily precipitate a recession.

So, how can I agree with Dr. Siegel, without agreeing with Goldman Sachs?

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