There was a lot of talk about recession in the last days and the media responded with analytics that shows that the US economy is still growing. For example in their output, employment rate and so on..
the stock market is stable for now but what do you think? Is it worth it to invest in big tech firms now or should we wait a year for a possible slump if recession really hit?
A story always has two sides. US mainstream media is showing only one side of it. If you want to know the other side of the story, you need to look at 4 major economic indicators namely,
1. GDP
2. Consumer price index
3. Employment indicators
4. Manufacturing index etc.
While the GDP is doing just fine as of now, look at the manufacturing index in the below link,
https://www.bloomberg.com/amp/news/articles/2019-06-03/u-s-manufacturing-index-dips-to-lowest-level-in-almost-a-decadeEmployment index is also showing good growth and unemployment is decreasing slowly but steadily. See below link,
https://tradingeconomics.com/united-states/unemployment-rateConsumer price index is recording double digit numbers and beating inflation means, the purchasing power of USD is on a decline. See the link below,
https://tradingeconomics.com/united-states/consumer-price-index-cpiConclusion: I am not an expert in economics but it is certain that the current status is not really showing a great picture. No one knows if we will see another depression but it is better to refrain from making big investments in US market.
Personal tip: Data will become the biggest commodity in next 5-10 years of time. Invest in such companies who controlls data of the masses. That may be beneficial for the future!