How does the length of the current US expansion compare?
We’re in one of the longest economic expansions in the last 100 years
72 months to be exact. That’s way above the median length of 37 months.
In fact, KKR’s Henry McVey believes that the US economic cycle right now is “somewhere between its middle and later stages.” And that means it may be prudent for investors to scale back on some risk.
“In our humble view, now is the time … to start peeling back some of the more speculate positions in one’s portfolio,” McVey writes.
This article is published in collaboration with Business Insider. Publication does not imply endorsement of views by the World Economic Forum.
To keep up with the Agenda subscribe to our weekly newsletter.
Author: Elena Holodny works at Business Insider.
Image: A street sign for Wall Street hangs in front of the New York Stock Exchange. REUTERS/Lucas Jackson
Don't miss any update on this topic
Create a free account and access your personalized content collection with our latest publications and analyses.
License and Republishing
World Economic Forum articles may be republished in accordance with the Creative Commons Attribution-NonCommercial-NoDerivatives 4.0 International Public License, and in accordance with our Terms of Use.
The views expressed in this article are those of the author alone and not the World Economic Forum.
Stay up to date:
United States
The Agenda Weekly
A weekly update of the most important issues driving the global agenda
You can unsubscribe at any time using the link in our emails. For more details, review our privacy policy.
More on Economic GrowthSee all
Rebecca Geldard
October 21, 2024