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 last at least another nine months. The thing that is most likely to end it earlier is a trade war that simultaneously hits equities, business investment and consumer spending.