The Next Recession is Coming – Expect Around 0% Returns for the Next 7 Years

July 29, 2016

The next recession is coming, and it will be severe.

My friend Ed Easterling of Crestmont Research just updated his Economic Cycle Dashboard and sent me a personal email with some of his thoughts.

Here is his chart (click on it to see a larger version).

[…] The current expansion is the fourth longest since 1954… but also the weakest. Since 1950, average annual GDP growth in recovery periods has been 4.3%.

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