US Economic Outlook is Positive, says Canada Life

Popular opinion suggests the US economy is nearing the end of the cycle - and the next stage is a recession. But the Fed is bullish

David Brenchley 14 August, 2018 | 7:23AM

US dollar, US economy, Donald Trump, tax reforms

The US economy has plenty left in the tank, according to David Arnaud at Canada Life Investments, despite numerous key indicators telling investors that it is very late in the economic cycle and we should prepare for a recession.

For US bears, there are clear signs we’re approaching the end of the bull market. The sheer length of the current expansion, already the second-longest in US history at over nine years, rings alarm bells.

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Securities Mentioned in Article

Security NamePriceChange (%)Morningstar
Rating
JPMorgan American Ord573.00 GBX0.70

About Author

David Brenchley

David Brenchley  is a Reporter for Morningstar.co.uk

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