US Economic Expansion Now 2nd-Longest Ever: 5 Picks

As we enter the month of May, the current economic expansion has just become the second longest in U.S. history. Currently, the Fed is meeting to deliberate whether to raise rates, as part of the process of winding down monetary stimulus, which largely fueled a turnaround. But at 106 months, or eight years and 10 months, the current economic expansion shows no signs of cooling off. Experts believe that the low and slow nature of this expansion is the primary reason for its longevity. Several sectors such as investment and housing are facing multiple headwinds at this point.


Source: Zacks

Related posts