As the U.S. economy nears full employment, consumer confidence has increased and consumer debt has decreased. Today we discuss the impact of the French election and the international marketplace, as well as sovereign debt around the world. Stay tuned to learn more about GDP and inflation projections for 2017.
The middle class isn’t growing, businesses are looking for a competent labor force and our ‘Greece next door’, Puerto Rico, can’t pay it’s $72B debt — all in this week’s Inside the Economy. Larry also covers the excitement in China’s markets, growth potential in Europe and touches on good news for Italy and France. While Larry may say there isn’t much excitement in the economy this week, a lot of worthwhile questions are raised by the SH&J team during the discussion. Listening in will bring you up to speed on many U.S. and global economic issues.
In this week’s discussion, Larry shares some insight into the slight decline in the U.S. GDP, talks about the recovery of the Euro and looks at American consumer spending. He also shares some fascinating details about Saudi Arabia’s cutback on crude oil and his perspective on France’s recession. As usual, this week is well worth a listen and is sure to generate some interesting conversation.