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How surprised have you been by the market\\u2019s supercharged recovery from the March lows and the economy\\u2019s rebound from the COVID trough? By any measure, the snapback has been extraordinary. The shortest bear market in U.S. history, a mere 33 weeks from late February to late March, and a much faster recovery than expected.

As this week\\u2019s guest, Nancy Lazar told clients recently: \\u201cIn the last expansion it took almost 9 years (until 2018) for unemployment to fall to 4.0%. Today the Fed expects (more likely wishes) to see 4.0% just 4 years into this expansion. And since this cycle\\u2019s Drivers are leveraged to the Fed\\u2019s main policy tool - interest rates - the Fed\\u2019s in a good position to make it happen.\\u201d

We will discuss why she is optimistic about the economy\\u2019s progress based on some unappreciated and under-reported trends she and her team have been tracking both pre-pandemic and now. Be prepared for a fascinating and different analysis of the U.S. economy and why its recovery powers are so strong.

WEALTHTRACK #1715 broadcast on October 09,2020

More Info: https://wealthtrack.com/why-the-4-forces-driving-the-economys-comeback-are-powerful-and-sustainable/