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!