Economic Outlook for the U.S. Economy
October 29, 2019
S&P Global Office, 55 Water Street, New York, NY 10041
Sponsor Firm: S&P Global Ratings
Presenter
Beth Ann Bovino, U.S. Chief Economist at S&P Global Ratings
Overview:
On October 29, 2019, S&P Global Ratings, in partnership with the Women’s Bond Club, hosted a discussion over the Economic Outlook for the U.S. economy. A lively discussion took place with many interesting topics covered.
- Items discussed over where are we in the U.S. Economy included:
- Discussion of expansion which is rather slow
- Whether a recession is in the near future, risk of recession is at a 30-35%
- Consumer confidence still high
- Stable housing market
- Economy is robust especially on the domestic side
- Low interest rates, which may be even further reduced
- Business sentiment, we are seeing mixed signals due to the trade dispute
- Increased trade tensions are turning into a trade war
- Political tensions on a rise both in the US and abroad
- Decrease in productivity growth rate due to baby boomers retiring
- US Debt continues to increase
The event included networking, cocktails and hors d’oeuvres, as well as the presentation. Follow the Women’s Bond Club to join the fun!