U.S. Economy Is on a Glide Path to Slower Growth: Professor Eichengreen

The video discusses the new normal of 2.0% GDP growth rates and their implications on the market, particularly in equities. It highlights the US economy's slower growth trajectory, with weak business investment but strong consumer spending. Concerns are raised about the manufacturing sector's recession and its potential impact on consumer confidence, especially with looming tariffs.

What is considered the new normal for GDP growth according to the discussion?

• 3.5%

• 1.5%

• 2.0%

• 4.0%

Which companies are mentioned as having real earnings at market multiples?

• Google and Amazon

• Microsoft and Tesla

• Netflix and Twitter

• Apple and Facebook

What was the state of business investment according to the analysis?

• Improving

• Unchanged

• Weak

• Strong

What is the main concern regarding the manufacturing sector?

• It is unaffected by current trends

• It is in recession

• It is expanding overseas

• It is growing rapidly

What has been holding up the US economy despite manufacturing concerns?

• Consumer confidence

• Export growth

• Corporate investments

• Government spending