Do Economic Recoveries Die of Old Age?

Elliott Eisenberg Economy

The U.S. economy is clearly slowing. After adjusting for inflation, GDP grew by 2.9% in 2018, and by an even better 3.1% in 19Q1. But growth slowed to just 2% in 19Q2, is expected to …

What Will Cause the Next Recession?

Elliott Eisenberg Economy

The Great Recession of 2008 is firmly in the rearview mirror. We are now enjoying the longest recovery in U.S. history, the unemployment rate is near a 50-year low, wage growth is pretty good, inflation …