Economist Rupkey Says U.S. Has Reached Endgame for Economy

The transcript discusses the current economic outlook, highlighting optimism about the economy's state and the challenges of forecasting due to low unemployment rates. It touches on historical economic cycles and the potential for a growth slowdown or recession in 2020. The conversation reflects on the difficulty of predicting economic trends when unemployment is at a historic low, suggesting that the economy might be nearing its peak.

Discuss the significance of the phrase 'darkest before the dawn' in relation to economic cycles.

What challenges do economists face when unemployment rates are extremely low?