Slow Growth in the Age of Acceleration

The strength of economic expansions has been slowing the past 70 years. The glory days of 5%-plus growth in the 1950s and 1960s are a distant memory. The flattening of the world (read more global competition), slowing productivity growth, and crowding out by the growing share of social benefits and entitlements are just a few of the reasons weighing on the growth rate. The chart below depicts the volatility of quarterly measurements of Real GDP Growth since 1947 and a downward sloping trendline…Delta Wealth Adviser20170512

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