Perhaps The Best Economic Conditions In Modern U.S. History

Even as Walmart boosted its minimum wage to $11 last week, it announced plans to close 60 Sam's Club big-box retail locations.

The earnings picture is bright. Since the start of the decade-long expansion that began in early 1991, earnings grew at an average annual rate of 7.4%. The Standard & Poor's 500 averaged a 7.4% total return annually in that same period.

At 103 months, this expansion is the third longest in modern U.S. history, behind the 120-month boom of the 1990s and the 106-month long expansion of the 1960s. This growth cycle could set a new modern record, but you never know what's going to happen for sure.

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This article was written by a veteran financial journalist based on data compiled and analyzed by independent economist, Fritz Meyer. While these are sources we believe to be reliable, the information is not intended to be used as financial advice without consulting a professional about your personal situation.

Indices are unmanaged and not available for direct investment. Investments with higher return potential carry greater risk for loss. Past performance is not an indicator of your future results.





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