The Anniversary Blues
Economic cycles have been around for a long time, and the National Bureau of Economic Research keeps score, so to speak. US cyclical expansions since 1900 have averaged just short of 5 years in length. The shortest had a duration of but one year, in contrast to our current expansion, which began in the Great Recession low of nearly 10 years ago. If the economy continues to grow through next spring, this would become the longest expansion since the NBER began counting 118 years ago. Meanwhile, the stock market has been ascending for virtually the same amount of time. This is … Continue reading—>
The post The Anniversary Blues appeared first on The Spellman Report.
Source: https://thespellmanreport.com/2018/10/06/the-anniversary-blues/
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