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Blokland’s daily sketch

Blokland’s daily sketch

20-07-2018

The longest US economic expansion in modern history?

  • Jeroen Blokland
    Jeroen
    Blokland
    Portfolio Manager

Today’s sketch shows that the current US economic expansion is roughly a year away from becoming the longest in modern history. Second-quarter growth could top 4%, which would also bode well for Q3 growth. At the same time, the US yield curve has almost inverted – something that has led to recession in the past, although with a significant time lag. For now, however, the odds of the expansion record being broken still look good.

As a senior portfolio manager I use charts to illustrate financial issues every day. I tweet my favorites as @jsblokland and was named one of the ‘50 Twitter accounts for investors 2017’ by MarketWatch.
Previous editions of the daily sketch can be found on my personal financial markets blog. All graphics provided are collected from Bloomberg data and public websites. They do not always reflect my personal opinion and may also not necessarily reflect the opinion of Robeco. Please cite all references or quote the original source if replicating content.

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