On Thursday, July 25, the US stock market was sitting at a level that was not far below its recent highs, which were at record levels. Tax and regulatory reforms have bolstered corporate earnings leading to new peaks in the leading indices in the equities market.
While investors have been sitting pretty over recent weeks, one of the Democratic candidates for President who is sitting near the top of the polls warned that an imminent economic crisis is looming. On July 22, Senator Elizabeth Warren wrote, "Warning lights are flashing. Whether it's this year or