FYI: Stephen Blumenthal, a well-respected ETF strategist heading CMG Capital Management Group (based in King of Prussia, Pennsylvania), says there’s a 40% chance we are headed for a recession in 2019. How steep the plunge? It could go as low as 50-70%, he says. But fret not. If you are prepared, and have a process in place, you can find that instead of a major portfolio-crushing crisis, you could be about to face a great investment opportunity.
Regards,
Ted
https://www.etf.com/sections/features-and-news/opportunity-not-crisis-looms-2019
