U.S. Expansion Has Been Long, But Not Strong, Says Greetham

The video discusses the current state of the US economy, focusing on market pricing, trade war impacts, and the housing market. It examines whether the US is in a late economic cycle, considering factors like tax cuts and the yield curve. The discussion highlights the absence of typical late-cycle excesses, suggesting the cycle may continue for a few more years. The video also explores the second-longest business expansion since the 1850s, noting its gradual nature and the role of technology in wage suppression.

What factors are currently impacting the housing market according to the text?

What does the speaker suggest about the potential for an economic slowdown?

How does the speaker view the current state of the US economy in relation to trade?

What are the indicators mentioned that suggest the economy is not in a late cycle?

What is the significance of the Phillips curve in the context of wage inflation as discussed in the text?