What does Herb Stein's quote about sustainability imply about economic trends?
Golden Cross Materializes in S&P 500 Price Action
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Business
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University
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Hard
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The video discusses the Golden Cross and its implications for market trends, highlighting the late cycle phase and economic indicators. It examines consumer health, noting strong stock market performance, high earnings, and low debt service ratios. The discussion extends to global economic uncertainties, including Brexit and interest rates, emphasizing the unpredictability of economic conditions.
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What is the significance of the real interest rate being zero in the current economic context?
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