Home / Special Report / At this stage of economic expansion, is it like 1996 or 1999? (access required)

At this stage of economic expansion, is it like 1996 or 1999? (access required)

In a recent interview with CNBC, famed investor Warren Buffett marveled at the current economic environment.  He noted that unemployment is at multi-decade lows and the federal budget deficit is at an all-time high, yet inflation and interest rates are historically low.  No economics textbook, in Buffett’s estimation, could have predicted such an environment. Such an ...

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