When will the next stock market crash occur?

We are going to have a stock market crash, and possibly a recession, during President Donald Trump's first term. That is inevitable; the question is when. With this blog post, I’m going to try to let you know when far enough in advance that you can take action if you wish. I will update this page as I get more information.

I’m using the stock market crash on October 19, 1987 (United States) and subsequent recession (from July 1990 to March 1991) as my model. Note that anybody younger than 50 is unlikely to know much about these events. Note that I did not own any stock in October 1987 so I wasn't directly affected.

I successfully predicted the July 1990 recession in March 1990. I didn't think of it until September 1990 when a colleague reminded me that I had told him in March that there would be a recession. One of the problems with recessions is that you don't know when they start because it takes several months for the government economists to determine that a recession did indeed take place.

I do not expect the next crash to be as severe as the one in 1987. The stock market did eventually recover to where it was before the crash so people who had invested before the crash and then ignored it were made whole. I will discuss this in further updates: How long will it be before the stock market recovers from the crash?

July 19, 2018 At this point, my best guess is the 4th quarter of 2019 for the stock market crash.

Before making any investment decisions based on my advice, please read my Investment advice disclaimer.

Donald Trump won't deport anyone immediately

Donald Trump is not going to deport anyone "immediately." Before someone can be deported, they are entitled to a court hearing. However, there is currently a backlog of 500,000 cases. Maybe Trump should work on increasing the number of judges working on these cases.

He is also choosing to ignore that Barack Obama has deported more people than any other President, including many of the criminals that Donald thinks are still here.

Saturation in gaming venues

I think we've reached saturation with casinos and racinos. For every one that opens, another has to close.

Sorry, Atlantic City, but your oil wells are going to run dry. What are your plans for the next job generator? Oh, so you got addicted to gaming and didn't make any plans. Sheesh! The smart people will move elsewhere, if they haven't already. And Donald Trump doesn't want his name on his failed casino, either, so he's suing to have it removed.