US economic expansion becomes longest in history

Financial Times/Robin Wigglesworth

“‘This cycle has now been going on for longer than The Beatles were together. It has persisted for a more extended stretch than the original run of Seinfeld on network TV. It’s older than Instagram,’ observed Brian Levitt, a strategist at Invesco.”

USAGOLD note:  This article ends with the observation that the post-2008 crisis recovery has been persistently weak – in fact, ‘weaker than most other[s]” since World War II.  That, in turn, translates to the fragile nature of the recovery and recurrent concerns that the next recession as a result could be a prime time event. . . . .

Repost from 7-2-2019

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