Commentary: How Strong Is Your 2020 Vision?

Halfway through 2019, an increasing number of leading indicators are pointing to an economic slowdown in the second half. Anecdotally we’re hearing of “sluggishness” in the past two months across many sectors. While I am always cautious around qualitative inputs, pieces of a puzzle this industry has not seen in a while are starting to stack up. Add another layer of trade, tariff and global economic slowdown already in process and the probability chips get higher.

Of course, no one knows if, when or degree of any potential downturn. But every business cycle has its own characteristics and…