By Nicholas Vardy It may seem like the U.S. has its share of challenges ahead for 2020 – partisan politics, rising healthcare costs and an aging population, to name a few.
Today, Nicholas Vardy takes a look at where the U.S. economy stands as we head into a new decade.
As a kid growing up in the 1970s and 1980s, I held two truths to be self-evident.
First, the Soviet Union would dominate the U.S. militarily. Second, Japan would dominate the U.S. economically.
Both fears seem almost quaint today.
By 1989, the Japanese stock market reached its historic high – a level it has not seen since.
By 1991, …read more