- In the News
- June 28, 2018
The implications of GDP growth above 4 percent
Jack Ablin, CIO at Cresset Wealth Advisors, appearing on Fox Business Network’s “Varney & Co” on June 28, 2018. He explores the conundrum of disappointing stock market performance in the face of strong earnings and GDP growth. Jack explains why the economy can rocket forward at this pace only
for a few quarters before capacity restrictions and other factors will force growth back to its current long-term potential trend of 2 per cent. He describes what would be needed to raise that potential growth trajectory.