US Economic Outlook Significantly Stronger Than You’d Think w/Top Forecaster Joe Brusuelas
On The Market
Shownotes Transcript
The US economy isn’t doing as well as you think—it’s doing even better. While mainstream media outlets and grocery prices may make you feel that the US economy is struggling, the data points to something different. Inflation) is getting under control, the Fed is about to lower rates, recession) risks could be shrinking, and a long-term growth trend is emerging. The American economy is leading what **Joe Brusuelas **calls the “global recovery.”
Named** 2023 “Best Rate Forecaster” by Bloomberg, Joe has an unmatched view of the economy at a macro and microeconomic level. Today, we’re talking to Joe about the state of the US economy and why it’s outperforming **global players like China. Joe shares the “secret sauce” that is helping the US take center stage in global economic growth, which could keep us on course to see continued economic success for years to come.
But, with China’s economy)** showing cracks**, the Middle East conflict getting more tense by the day, and the risk of recession still top of mind, what’s next for the US economy? Joe gives his economic outlook and shares the most significant risks the US economy could face, plus why he sees a** BIG **Fed rate cut) coming in 2025.
In This Episode We Cover
The **state of the US economy **and why we’re seeing such unmatched economic growth
The “secret sauce” that makes the American economy particularly efficient
China’s growing economic troubles and whether it could bleed into the US economy
**Fed rate cut predictions **and why we may see a BIG drop in rates by this time next year
Joe’s **US economic forecast **and the regions of the US real estate investors MUST watch
Commercial real estate)** risks** and whether we should still be worried about “the wall” of maturing debt
And So Much More!
Links from the Show
Join the Future of Real Estate Investing with Fundrise)
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See Dave at BPCON2024 in Cancun!)
Grab Dave’s Newest Book, “Start with Strategy”)
Jump to topic:
00:00 Intro
01:51 US Economy is Booming
06:52 Recession Risk?
08:43 China’s Economic Trap
13:31 Will This Hurt the US?
14:45 Middle East Oil Risks
17:42 US Economic Forecast
25:27 What Commercial Crash?
27:28 Fed Rate Cuts
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