Actually most sensible studious financial planners say that one is likely at the latest by 2020 in January through April of that year. Why?
Because Recessions are cyclical. And when Trump reduced unemployment to where it is now he caused inflation, and the next step in the cycle is recession after inflation. And the cycle is usually between 7 and 10 years before we have another recession after the last one. This has been a really long recovery cycle which is why the next recession is so very late this time. Trump only speeded up the recession by reducing unemployment so rapidly that he caused inflation to rear it's ugly head from increased wages which always happens. Then the Fed has to increase interest rates so the economy doesn't speed up so much it creates another Great Depression like the one in 1929 or worse.
To me, the only question really is what happens from January to April 2019 regarding China's tariffs on American Goods and secondly American Tariffs on Chinese Goods?
This likely will decide whether we have just a recession or an actual World Wide Great Depression, the kind that actually Caused World War II in the first place. And at this point I'm referring to a likely recession starting somewhere between January 2019 and December 2020.
Anyway, if you are an investor be sure to take enough cash out to survive 2 to 5 years in the next recession and hopefully not a Great Depression or another Great Recession.
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