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.

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Cresset is an independent, award-winning multi-family office and private investment firm with more than $60 billion in assets under management (as of 11/01/2024). Cresset serves the unique needs of entrepreneurs, CEO founders, wealth creators, executives, and partners, as well as high-net-worth and multi-generational families. Our goal is to deliver a new paradigm for wealth management, giving you time to pursue what matters to you most.

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From Chief Investment Officer, Jack Ablin.