Nearly 20% in '42 when manufacturing from a bombed out Europe came to the US... WW3 footing to re-shore today is similar
90s got close with PC/Internet build out and productivity, AI potentially similar
Economists didn't think 4+ was possible a year ago, already notched under QT and a government shutdown ... Since they're wrong about everything I'd say this is a layup
That's even before getting into Bessent doctrine and the merging of the Fed-Treasury
Happened in the 40s and 50s,
Nearly 20% in '42 when manufacturing from a bombed out Europe came to the US... WW3 footing to re-shore today is similar
90s got close with PC/Internet build out and productivity, AI potentially similar
Economists didn't think 4+ was possible a year ago, already notched under QT and a government shutdown ... Since they're wrong about everything I'd say this is a layup
That's even before getting into Bessent doctrine and the merging of the Fed-Treasury