by Lance Roberts
Real Investment Advice
An update of Eliminating Surprises using Citigroup’s Surprise Index
In his 2016 State of the Union Address, President Barack Obama accused those claiming the American economy is in decline of “peddling fiction”.
Few economic prognosticators have actually stated that the U.S. economy is in decline. However, many, including ourselves, have pointed out that economic growth has been declining for years and the key drivers of future growth – productivity and demographics – are quickly becoming economic headwinds. All the while, the nation’s ability to enhance economic growth by increasing an already burgeoning debt load is greatly limited.