Month: July 2019

Reserved Recovery

07/02/2019

Since the end of WWII, there have been eleven economic recoveries. While this one is now the longest, real GDP is just slightly more than 20% higher than its pre-recession peak. Measured this way, the current recovery ranks fifth, having…

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Excellent Expansion

07/01/2019

Today, the current US economic recovery becomes the longest in US history at 10 years and one day, surpassing the previous record expansion of exactly 10 years and that ended in 3/01. At this point, I suspect this recovery will…

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