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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