Since the earliest days of the current economic expansion, there have been naysayers asserting the US was on the brink of another recession. But we don’t see it happening this year or next, and probably not in 2021, either.

The government doesn’t release its initial estimate on third quarter real GDP for another nine days, but at this point we have enough facts and figures to make an educated guess that it’ll come in at right around a 1.8% annual rate, maybe a little higher, maybe a little lower.

As you no doubt know, we are operating in a low yield investing environment. So, what are we doing? We have to get creative and look for other ways to earn a consistent yield which is the key to our investing process – trying to aim for consistent returns.

Trade disputes have been an ongoing soap opera since President Trump took office. From steel tariffs to trade skirmishes with China, Japan, Canada, Mexico, South Korea, and the European Union, among others, it’s been hard to keep track!