'This Is Likely a Golden Age' for U.S. Consumer, Says Davidson of Wells Fargo

The video discusses global economic growth, highlighting the roles of Europe, China, and the US. It notes the US's strong economic performance with growth over 4% and unemployment under 4%, while Europe and China experience slower growth. The video also examines China's GDP per capita compared to the US and the potential for future growth. It concludes with a discussion on the US dollar's strength and market strategies, suggesting a future shift towards defensive assets.

What does the speaker mean by 'golden age for the US consumer'?

Discuss the implications of a slowing growth rate in China.