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that the tariffs were hurting the consumer but he did say was a christmas present some of could be as that. the question is, is there any hard evidence that our economy is facing recession? that were recently signed, you can look at the bond market and debate that but i think the worrisome sign is corporations making investments, building new plants and equipment has really cooled off and i think that is the trade fight. as far as how this economy feels to the consumer s, consumers are employed. we still have this amazing new record level job market in terms of more than 7 million open positions, people are getting wage increases. so i would say it s a very strong consumer economy with that trade cloud which is reducing corporate investment. jon: there s an old saying that the stock market has correctly predicted nine out of the last five recessions, something like that but at any rate, the stock market is up 250 points as we speak on this