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As many of you are well aware, cracks in this historic bull run are beginning to show. A trade war with China looms over what has been the strongest economic recovery in history. Based on increased tensions between the two largest economies in the world, US consumer sentiment fell to 89.8 in August, from 98.4 in July, good for the largest monthly drop since 2012.
As I have been discussing, the amount of uncertainty in the back half of the year continues to grow. Aside from the ongoing trade war, the European Union economy