### Comment:
I don't think there will be a full blown recession but there will probably be a correction. 
  
 1. Historically, markets perform poorly in the months leading up to a midterm election.   
  
 2. We are seeing a rotation out of tech and QQQ is majority tech names.   
  
 3. I am betting that the trade talks on August 23rd will fail and that the tariffs will continue to escalate.

### REPLY:
I agree with no.2. Tech sector rotation happens every year especially fall.

### END.