Abby Joseph Cohen: 12-Months From Now S&P 500 2,150

The transcript discusses the economic outlook with a focus on S&P projections, the impact of fiscal deficit improvements, and the political tensions following midterm elections. It highlights the challenges in achieving economic growth amidst political divides and fiscal challenges. Additionally, it examines income trends over the past 15 years, emphasizing the role of education in income divergence. The discussion also touches on the need for inclusive and sustainable economic growth.

What is the expected growth rate of the economy over the next 12 months?

• 2%

• 3%

• 5%

• 4%

What is one of the main challenges the Republicans face in the coming months?

• Reducing the fiscal deficit

• Increasing taxes

• Improving education

• Internal party tensions

How has the fiscal deficit changed from the recession to now?

• Increased to 5%

• Remained the same

• Decreased to 2.5% to 3%

• Increased to double digits

What factor has contributed to the divergence in median household income?

• Level of education

• Geographical location

• Age group

• Gender

What is a key challenge in achieving sustainable economic growth?

• Lowering interest rates

• Creating inclusive growth

• Reducing inflation

• Increasing government spending