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The leading economic indicators are showing that the economy is slowing further.
Are we headed into recession?
It's too early to tell.
But it does put today's sky-high stock valuations in doubt, as they depend on very strong earnings growth next year -- which increasingly look at odds with the decelerating economic data.
This boosts the chance of a coming correction in the stock market.
How big of one?
Lance and I discuss in today's video, along with the latest inflation numbers, AI, signs of growing vulnerability in the credit system, central planner intervention and, always, Lance's firm's latest trades.
Video Length: 01:54:19
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