Mental Models: Economic Cycle and Macro Babble: #19

Helpful to have a schema or picture of how the economy works so you don't overreact to news reports such as Chinese tariffs, that might rattle the market. Further discussion of predictors of recession and investing strategies in a turbulent market. Visit Mental Models Podcast for link to video mentioned in the podcast and links to our YouTube channel. As always thank you for listening and please follow, subscribe and like the podcast - it matters! NEW BOOK Available NOW on Amazon . "Understanding Behavioral Bia$: A Guide to Improving Financial Decision Making" Behavioral finance advice and solutions. More information at https://www.mentalmodelspodcast.com This book will help you overcome the biases that are keeping you from investment success! Authored by Daniel Krawczyk, Ph.D. & George Baxter, JD, CFA  Published by Business Expert Press Behavioral Finance Book AVAILABLE NOW ON AMAZON Do you want strategies to make better financial decisions? Do you need a translational guide to Thinking Fast and Slow? Do you want to be a better investor and earn more money? If you said yes to any or all of the above questions then this book is for you!