Dear Reader, June 24 is getting closer—that’s when my All-Weather Income Strategy Summit gets rolling. Meanwhile, the recession is getting closer too. I’ll be talking about the most important recession indicator during my Summit, but there are plenty of other signs of an approaching economic abyss. Take the three main engines of global growth: Germany, China, and the US. Each one is showing signs of interdependent weakness. Not only is Germany the industrial center of Europe, it’s also China’s fourth-largest trading partner. In fact, Germany’s trade with China is more than double that of the next closest European country. Germany is very dependent on trade with China. German growth is now the slowest in five years while the growth rate of China’s economy has fallen to its lowest level in over a decade. Meanwhile, the US is looking less bad but hardly inspiring. Do I need to mention our escalating trade war that Chinese leader Xi Jinping has now dubbed the “New Long March?” Take a look at this ominous chart from the Federal Reserve: The New York Federal Reserve’s recession probability predictor is alarming for many reasons: The odds of a recession have doubled in the last year. The recession reading hasn’t been this high since 2008. The world’s three biggest economies are struggling with what appear to be accelerating economic and trade issues. So what should you do next? Get prepared! That’s what my upcoming Summit on June 24 is all about. Because if you’ve got a well-considered plan in place, there’s plenty of opportunity both before AND during a recession. Imagine knowing which stocks won’t get dragged down, taking your portfolio with them… …while discovering sound growth opportunities and income streams instead. To get you started, I’ll be giving you full details on the best all-weather sector AND a recession-proof stock pick from that sector my research shows should outperform during the last leg of the bull market and also the bear market that follows. My Summit is all about protecting and growing your money… improving your retirement prospects… AND delivering a better life without fear of what a recession could do to your portfolio. Don’t delay. Sign up for the All-Weather Income Strategy Summit now. See you there on June 24! Until next time, Robert Ross Senior Equity Analyst
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