Signs of a Late Business Cycle… Michael Douville
Luke 14:28-30 For which of you, desiring to build a tower, does not first sit down and count the cost, whether he has enough to complete it? Otherwise, when he has laid a foundation and is not able to finish, all who see it begin to mock him, saying, ‘This man began to build and was not able to finish.’
Jesus is offering advice on many levels with the verses above. First piece of advice is to “sit down” and have a plan. Second is “count”. One needs to know what they have. Third is have a “foundation”. The fourth is have enough to finish the plan.
Do you have a plan for your life let alone a plan for a house or structure? Where are we in the economic cycle? Do you have a plan for the financial times we live?
The economic slowdown continues. The home builder Pulte is slowing. Harley Davidson is selling fewer motorcycles. These are the signs of a late business cycle.
Check out Michael’s latest video entry with fresh up to date economic data.
Why would the Federal Reserve put interest rates on hold? Debt is spiraling out of control. Check out Michael’s comments below on the debt load around the globe.
Do you have all your money in stocks and bonds? What happens if we see a sharp reduction in the markets. Have you prepared your life boat? Michael talks about alternate ways to make income without worrying about the markets.
Michael is a syndicated writer for the Wall Street Greek. This is Wall Street quality research for free. Michael knows his craft.
Have a plan…
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