Most countries would love to have our economic conditions
Last week, I gave a talk to high-wealth investors in San Francisco — not exactly an audience of left-wing activists — and people kept asking me the question of the day: “Will there be a recession?” My reply: I’d never say never, but I don’t see a recession in 2020. And if we get a trade deal with China, the economy is going to soar.
What was disconcerting was the audience reaction. Many people…