There are several data points that make up the GDP and from this data, we can imply a significant amount about our economic outlook. If you keep up with economic blogs or follow the market, you are aware that for the first time in 10 years things are starting to shift. We are seeing GDP growth numbers coming down on a quarterly basis, late in the cycle. We are going to discuss what those shifts look like and what they imply for the economy and investors. You may be asking yourself, “How exposed are my investments and what is the best way to navigate the future?”.
Our guest for today is Elliot Eisenberg who is an internationally acclaimed economist, a Ph.D., and a public speaker who specializes in making the minutia of economics fun, relevant and educational. Elliot is the author of more than 85 articles, serves on the Expert Advisory Board of Mortgage Market Guide, and is a regular consultant to several large real estate professional associates, hedge funds, and investment advisory groups. His research and opinions have been featured in Bloomberg, Business Week, Bureau of National Affairs, Forbes, Fortune, and many other publications.
Today we are going to discuss…
- What GDP is comprised of and why it is a commonly used economic metric
- Why it is mathematically impossible to keep driving the unemployment numbers down and what this implies for the future
- What rising interest rates mean for economic growth
- What comes next since we have become habituated to the new tax cuts
- Some of the drawbacks of GDP and ways it can be misleading
Learn more about our guest:
Website: econ70.com
Text: “Bowtie” to 22828