Goldman says this may become the longest economic expansion in history
Posted: Tue May 09, 2017 6:13 am
CNBC - 5/8/2017 - Patti Domm -MSNBC - Goldman Sachs economists said, in a recent note, that there is now a two-thirds chance that the recovery will be the longest on record. The current expansion has already lasted 95 months, now the third-longest in U.S. history in 33 business cycles going back to 1854, the economists said. The Goldman economists also say the medium-term risk of a recession is rising, "mainly because the economy is at full employment and still growing above trend." Read more @ http://www.cnbc.com/2017/05/08/goldman- ... story.html