The “Story of The Decade”: Why U.S. Economy Strengthens While Setting Records for Longevity

This summer will mark the longest economic recovery in U.S. history. The bull market already made it into the record books for longevity in August of 2018. The S&P 500 and the NASDAQ reached new record highs just this Tuesday.

Rather than a cause for celebration many economists, business leaders, consumers and investors have viewed these unparalleled achievements as cause for concern.  Their thinking: this must mean the end is near.

This week’s guest is not in the end is near camp. Anything but!  She has been a believer in the U.S. economy’s recovery capabilities since it emerged from the global financial crisis.  Nancy Lazar is Co-Founding Partner and Head of the Economic Research team at Cornerstone Macro, a leading independent macroeconomic investment and policy research firm she launched in 2013.  Lazar was one of the first economists to recognize what she dubbed, “America’s Manufacturing Renaissance,” the re-emerging competitive advantage of the United States as a manufacturing base once again. And as China’s economy slowed and America’s strengthened, she saw the U.S. assuming a key role in driving global growth once again, a role ceded to what many concluded was China’s unstoppable ascent.

WEALTHTRACK #1545 broadcast on April 16, 2019

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