Mark Armbruster, CFA.
Where is the US economy headed?
Recent news coverage about an inverted yield curve, potential trade wars, and troubles in emerging markets have created some unease. Moreover, the current US economic recovery is now 111 months old, according to the National Bureau of Economic Research (NBER), making it the second longest on record after the 120-month expansion that ended with the bursting of the dot-com bubble in 2001. Could the present bull run simply die of old age?