SlideShare ist ein Scribd-Unternehmen logo
1 von 18
A Precarious Balance: Outlook for the U.S. Economy Dr. John Caldwell Director of Economics Edison Electric Institute
What Constitutes a Recession? Source: Federal Reserve Board Interruptions in Long-Run Growth
The Business Cycle Since WWII Note: Average annual real GDP growth during this period has been 3.4%.
Causes of Recessions Which Was Responsible for This One? ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],√ √ √ √ √ √
The Economic Crisis: Timeline 2000 2005 1995 1990’s U.S. Stock Market Boom Asian Financial Crisis Start of Housing Bubble “ Dot-Com” Recession; Collapse of Stock Bubble Energy/Commodity Prices Soar Start of Current Recession Housing Prices Peak
The Financial Meltdown:  Timeline of Events Oil tops $100/bbl S&P’s/Moody’s downgrade several hundred subprime bonds & securities Fitch downgrades Countrywide to BBB+ Bank of America buys Countrywide Bush signs Economic Stimulus Act of 2008 Northern Rock nationalized Housing and Economic Recovery Act of 2008 ,[object Object],[object Object],[object Object],Congress approves bailout plan – Bush signs Barack Obama elected President Obama signs stimulus  bill Subprime lender New Century files for bankruptcy Diminished liquidity in interbank lending markets JP Morgan buys Bear Stearns
Causes of the Financial Crisis ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
America’s Growing Reliance Upon Debt Source: Federal Reserve Board
Recent Trends Indicate A Rise in Both Poverty and Debt
State of the Economy Some Disturbing “Vital Signs”
How Serious is This One?  Comparison with Past Recessions 1929 = 42 months 1929 = 25% 1929 = 27% 1929 = 89%
The National Debt ,[object Object],[object Object],[object Object],[object Object],[object Object]
Social Security / Medicare A Huge Bill Looming Ahead ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
National Debt Will Continue to Grow Source:   Congressional Budget Office Will reach 85% of GDP in 2010
“ Follow the Money” Why Government Spending Is  Not a Long-Term Solution Private Sector Investment Government Spending Private Savings Taxes Foreign Investment (from Trade Deficit) $ $ $ $ $ $ $ $ $ $
Prognosis for the Economy When Can We Expect a Recovery? ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
The Road to Recovery The  Long View ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],Businesses / Consumers Banking / Financial Sector Federal Government
Thank You!

Weitere Àhnliche Inhalte

Was ist angesagt?

John Mitchell Presentation Oct 08 Ppt 2007
John Mitchell Presentation Oct 08    Ppt 2007John Mitchell Presentation Oct 08    Ppt 2007
John Mitchell Presentation Oct 08 Ppt 2007Dan Foster
 
Government Belt Tightening - War Room Slides
Government Belt Tightening - War Room SlidesGovernment Belt Tightening - War Room Slides
Government Belt Tightening - War Room Slideshiddenlevers
 
What is the Nairu and Why Does It Matter?
What is the Nairu and Why Does It Matter?What is the Nairu and Why Does It Matter?
What is the Nairu and Why Does It Matter?Ed Dolan
 
IMF Regional Economic Outlook for the Caucasus and Central Asia
IMF Regional Economic Outlook for the Caucasus and Central AsiaIMF Regional Economic Outlook for the Caucasus and Central Asia
IMF Regional Economic Outlook for the Caucasus and Central AsiaCRRC-Armenia
 
Jeremy Grantham: Summer Essays
Jeremy Grantham: Summer EssaysJeremy Grantham: Summer Essays
Jeremy Grantham: Summer EssaysMarkets Beyond
 
Euro Crisis Immediate Solutions
Euro Crisis Immediate SolutionsEuro Crisis Immediate Solutions
Euro Crisis Immediate SolutionsKannan Rajarathnam
 
Economics Presentation
Economics PresentationEconomics Presentation
Economics Presentationespo180
 
A Slow Economy, the Middle Class and New Ideas
A Slow Economy, the Middle Class and New IdeasA Slow Economy, the Middle Class and New Ideas
A Slow Economy, the Middle Class and New IdeasGene Balas, CFA
 
Fiscal FactChecker: 16 Budget Myths to Watch Out for in the 2016 Campaign
Fiscal FactChecker: 16 Budget Myths to Watch Out for in the 2016 CampaignFiscal FactChecker: 16 Budget Myths to Watch Out for in the 2016 Campaign
Fiscal FactChecker: 16 Budget Myths to Watch Out for in the 2016 CampaignCommittee for a Responsible Federal Budget
 
Economic Intervention: Deprogramming Conservatives
Economic Intervention: Deprogramming ConservativesEconomic Intervention: Deprogramming Conservatives
Economic Intervention: Deprogramming ConservativesDavid Doney
 
The Great Rightward Shift: How Conservatism Shifted the Money to the 1%
The Great Rightward Shift: How Conservatism Shifted the Money to the 1%The Great Rightward Shift: How Conservatism Shifted the Money to the 1%
The Great Rightward Shift: How Conservatism Shifted the Money to the 1%David Doney
 
Healthcare Reform: Next Steps
Healthcare Reform: Next StepsHealthcare Reform: Next Steps
Healthcare Reform: Next StepsDavid Doney
 
America’s greatness index
America’s greatness indexAmerica’s greatness index
America’s greatness indexShubham Saraswat
 

Was ist angesagt? (19)

John Mitchell Presentation Oct 08 Ppt 2007
John Mitchell Presentation Oct 08    Ppt 2007John Mitchell Presentation Oct 08    Ppt 2007
John Mitchell Presentation Oct 08 Ppt 2007
 
Paying for the Recession: Rebalancing Montana's Economy
Paying for the Recession: Rebalancing Montana's EconomyPaying for the Recession: Rebalancing Montana's Economy
Paying for the Recession: Rebalancing Montana's Economy
 
Government Belt Tightening - War Room Slides
Government Belt Tightening - War Room SlidesGovernment Belt Tightening - War Room Slides
Government Belt Tightening - War Room Slides
 
What is the Nairu and Why Does It Matter?
What is the Nairu and Why Does It Matter?What is the Nairu and Why Does It Matter?
What is the Nairu and Why Does It Matter?
 
IMF Regional Economic Outlook for the Caucasus and Central Asia
IMF Regional Economic Outlook for the Caucasus and Central AsiaIMF Regional Economic Outlook for the Caucasus and Central Asia
IMF Regional Economic Outlook for the Caucasus and Central Asia
 
Jeremy Grantham: Summer Essays
Jeremy Grantham: Summer EssaysJeremy Grantham: Summer Essays
Jeremy Grantham: Summer Essays
 
How to retire on $277,686 per month
How to retire on $277,686 per monthHow to retire on $277,686 per month
How to retire on $277,686 per month
 
Euro Crisis Immediate Solutions
Euro Crisis Immediate SolutionsEuro Crisis Immediate Solutions
Euro Crisis Immediate Solutions
 
Economics Presentation
Economics PresentationEconomics Presentation
Economics Presentation
 
Macroeconomy
MacroeconomyMacroeconomy
Macroeconomy
 
Contemporary Issues
Contemporary IssuesContemporary Issues
Contemporary Issues
 
Article review
Article reviewArticle review
Article review
 
A Slow Economy, the Middle Class and New Ideas
A Slow Economy, the Middle Class and New IdeasA Slow Economy, the Middle Class and New Ideas
A Slow Economy, the Middle Class and New Ideas
 
Fiscal FactChecker: 16 Budget Myths to Watch Out for in the 2016 Campaign
Fiscal FactChecker: 16 Budget Myths to Watch Out for in the 2016 CampaignFiscal FactChecker: 16 Budget Myths to Watch Out for in the 2016 Campaign
Fiscal FactChecker: 16 Budget Myths to Watch Out for in the 2016 Campaign
 
Cma 04.14.10
Cma 04.14.10Cma 04.14.10
Cma 04.14.10
 
Economic Intervention: Deprogramming Conservatives
Economic Intervention: Deprogramming ConservativesEconomic Intervention: Deprogramming Conservatives
Economic Intervention: Deprogramming Conservatives
 
The Great Rightward Shift: How Conservatism Shifted the Money to the 1%
The Great Rightward Shift: How Conservatism Shifted the Money to the 1%The Great Rightward Shift: How Conservatism Shifted the Money to the 1%
The Great Rightward Shift: How Conservatism Shifted the Money to the 1%
 
Healthcare Reform: Next Steps
Healthcare Reform: Next StepsHealthcare Reform: Next Steps
Healthcare Reform: Next Steps
 
America’s greatness index
America’s greatness indexAmerica’s greatness index
America’s greatness index
 

Andere mochten auch

Exercises 7.Unit 6
Exercises 7.Unit 6Exercises 7.Unit 6
Exercises 7.Unit 6Khanh Nguyen
 
The changing role of a tutor
The changing role of a tutorThe changing role of a tutor
The changing role of a tutorJuan Ramos
 
Simon Allford AHMM Architects - Active Design
Simon Allford AHMM Architects - Active DesignSimon Allford AHMM Architects - Active Design
Simon Allford AHMM Architects - Active DesignDesign Council
 
PayPal HKET_5Mar2014
PayPal HKET_5Mar2014PayPal HKET_5Mar2014
PayPal HKET_5Mar2014PayPalHK
 
Tm & GCDP
Tm & GCDPTm & GCDP
Tm & GCDPLuvieen
 
GCDP GIP strategy intro
GCDP GIP strategy introGCDP GIP strategy intro
GCDP GIP strategy introFirnando Buenayre
 
Practicanco slideshare EMGY
Practicanco slideshare EMGYPracticanco slideshare EMGY
Practicanco slideshare EMGYEvelyn Guachamin
 
Frozen Britain 2010
Frozen Britain 2010Frozen Britain 2010
Frozen Britain 2010TonyCassidy
 
2-Er and –ir verbs (recorded)
2-Er and –ir verbs (recorded)2-Er and –ir verbs (recorded)
2-Er and –ir verbs (recorded)ck65
 
NMC Horizon Connect Webinar > A New Copyright Solution for Universities
NMC Horizon Connect Webinar > A New Copyright Solution for UniversitiesNMC Horizon Connect Webinar > A New Copyright Solution for Universities
NMC Horizon Connect Webinar > A New Copyright Solution for UniversitiesNew Media Consortium
 
Prof. David Brayden, UCD
Prof. David Brayden, UCDProf. David Brayden, UCD
Prof. David Brayden, UCDInvestnet
 
Brad reifler2
Brad reifler2Brad reifler2
Brad reifler2Brad Reifler
 
High Liner Foods 2010 Annual Meeting
High Liner Foods 2010 Annual MeetingHigh Liner Foods 2010 Annual Meeting
High Liner Foods 2010 Annual MeetingTMX Equicom
 
COABE 2011: Using a 21st Century Skills Model in the ABE classroom
COABE 2011: Using a 21st Century Skills Model in the ABE classroomCOABE 2011: Using a 21st Century Skills Model in the ABE classroom
COABE 2011: Using a 21st Century Skills Model in the ABE classroomAchieving the Dream
 
Exove Design - Mobile First and Drupal
Exove Design - Mobile First and DrupalExove Design - Mobile First and Drupal
Exove Design - Mobile First and DrupalExove
 

Andere mochten auch (20)

Exercises 7.Unit 6
Exercises 7.Unit 6Exercises 7.Unit 6
Exercises 7.Unit 6
 
Apellido 2
Apellido 2Apellido 2
Apellido 2
 
The changing role of a tutor
The changing role of a tutorThe changing role of a tutor
The changing role of a tutor
 
Simon Allford AHMM Architects - Active Design
Simon Allford AHMM Architects - Active DesignSimon Allford AHMM Architects - Active Design
Simon Allford AHMM Architects - Active Design
 
Casadielles
CasadiellesCasadielles
Casadielles
 
PayPal HKET_5Mar2014
PayPal HKET_5Mar2014PayPal HKET_5Mar2014
PayPal HKET_5Mar2014
 
Tm & GCDP
Tm & GCDPTm & GCDP
Tm & GCDP
 
GCDP GIP strategy intro
GCDP GIP strategy introGCDP GIP strategy intro
GCDP GIP strategy intro
 
Maka1
Maka1Maka1
Maka1
 
Practicanco slideshare EMGY
Practicanco slideshare EMGYPracticanco slideshare EMGY
Practicanco slideshare EMGY
 
Communication 2
Communication 2Communication 2
Communication 2
 
Frozen Britain 2010
Frozen Britain 2010Frozen Britain 2010
Frozen Britain 2010
 
2-Er and –ir verbs (recorded)
2-Er and –ir verbs (recorded)2-Er and –ir verbs (recorded)
2-Er and –ir verbs (recorded)
 
NMC Horizon Connect Webinar > A New Copyright Solution for Universities
NMC Horizon Connect Webinar > A New Copyright Solution for UniversitiesNMC Horizon Connect Webinar > A New Copyright Solution for Universities
NMC Horizon Connect Webinar > A New Copyright Solution for Universities
 
Prof. David Brayden, UCD
Prof. David Brayden, UCDProf. David Brayden, UCD
Prof. David Brayden, UCD
 
Brad reifler2
Brad reifler2Brad reifler2
Brad reifler2
 
Hidden Girl
Hidden GirlHidden Girl
Hidden Girl
 
High Liner Foods 2010 Annual Meeting
High Liner Foods 2010 Annual MeetingHigh Liner Foods 2010 Annual Meeting
High Liner Foods 2010 Annual Meeting
 
COABE 2011: Using a 21st Century Skills Model in the ABE classroom
COABE 2011: Using a 21st Century Skills Model in the ABE classroomCOABE 2011: Using a 21st Century Skills Model in the ABE classroom
COABE 2011: Using a 21st Century Skills Model in the ABE classroom
 
Exove Design - Mobile First and Drupal
Exove Design - Mobile First and DrupalExove Design - Mobile First and Drupal
Exove Design - Mobile First and Drupal
 

Ähnlich wie Outlook for the U.S. Economy and Financial Crisis Causes

The Great Recession
The  Great  RecessionThe  Great  Recession
The Great RecessionRod Medallion
 
Explaining the Financial Crisis
Explaining the Financial CrisisExplaining the Financial Crisis
Explaining the Financial CrisisSal DB
 
The Financial Situation in the World by Wouter van der Stok
The Financial Situation in the World by Wouter van der StokThe Financial Situation in the World by Wouter van der Stok
The Financial Situation in the World by Wouter van der StokFelix Meißner
 
National Debt and How to Deal With It
National Debt and How to Deal With ItNational Debt and How to Deal With It
National Debt and How to Deal With ItLuke Rzepiennik
 
16 Budget Myths for the 2016 Campaign
16 Budget Myths for the 2016 Campaign16 Budget Myths for the 2016 Campaign
16 Budget Myths for the 2016 CampaignFix the Debt Campaign
 
Monetizing the Colossal Costs of COVID-19
Monetizing the Colossal Costs of COVID-19Monetizing the Colossal Costs of COVID-19
Monetizing the Colossal Costs of COVID-19Ron Surz
 
Where's the money going
Where's the money going Where's the money going
Where's the money going TariqCarrimjee
 
The State of Lending in America & its Impact on U.S. Households
The State of Lending in America & its Impact on U.S. HouseholdsThe State of Lending in America & its Impact on U.S. Households
The State of Lending in America & its Impact on U.S. HouseholdsCenter for Responsible Lending
 
Recession-US & Japan
Recession-US & JapanRecession-US & Japan
Recession-US & JapanGaurav Surana
 
S&L Vs Subprime Crisis
S&L Vs Subprime CrisisS&L Vs Subprime Crisis
S&L Vs Subprime CrisisAmar Ranu
 
Financial Crisis 2008.pdf
Financial Crisis 2008.pdfFinancial Crisis 2008.pdf
Financial Crisis 2008.pdfNafisFateh
 
Charting the Financial Crisis
Charting the Financial CrisisCharting the Financial Crisis
Charting the Financial CrisisAmy Kundrat
 
Averting a Fiscal Crisis
Averting a Fiscal CrisisAverting a Fiscal Crisis
Averting a Fiscal CrisisCRFB.org
 
Best practices in local program design for small business survival -
Best practices in local program design for small business survival  - Best practices in local program design for small business survival  -
Best practices in local program design for small business survival - Ellen Harpel
 
2013 10-20 Possibles scenarios of crisis MiF-15' v12
2013 10-20 Possibles scenarios of  crisis MiF-15' v122013 10-20 Possibles scenarios of  crisis MiF-15' v12
2013 10-20 Possibles scenarios of crisis MiF-15' v12Konstatin Kurbatov
 
Charting the Financial Crisis: A Narrative eBook
Charting the Financial Crisis: A Narrative eBookCharting the Financial Crisis: A Narrative eBook
Charting the Financial Crisis: A Narrative eBookShavondaBrandon
 
Class4 mff[1]
Class4 mff[1]Class4 mff[1]
Class4 mff[1]tonyslam
 

Ähnlich wie Outlook for the U.S. Economy and Financial Crisis Causes (20)

The Great Recession
The  Great  RecessionThe  Great  Recession
The Great Recession
 
Explaining the Financial Crisis
Explaining the Financial CrisisExplaining the Financial Crisis
Explaining the Financial Crisis
 
The Financial Situation in the World by Wouter van der Stok
The Financial Situation in the World by Wouter van der StokThe Financial Situation in the World by Wouter van der Stok
The Financial Situation in the World by Wouter van der Stok
 
National Debt and How to Deal With It
National Debt and How to Deal With ItNational Debt and How to Deal With It
National Debt and How to Deal With It
 
16 Budget Myths for the 2016 Campaign
16 Budget Myths for the 2016 Campaign16 Budget Myths for the 2016 Campaign
16 Budget Myths for the 2016 Campaign
 
Monetizing the Colossal Costs of COVID-19
Monetizing the Colossal Costs of COVID-19Monetizing the Colossal Costs of COVID-19
Monetizing the Colossal Costs of COVID-19
 
Oklahoma Economic Outlook
Oklahoma Economic OutlookOklahoma Economic Outlook
Oklahoma Economic Outlook
 
Where's the money going
Where's the money going Where's the money going
Where's the money going
 
The State of Lending in America & its Impact on U.S. Households
The State of Lending in America & its Impact on U.S. HouseholdsThe State of Lending in America & its Impact on U.S. Households
The State of Lending in America & its Impact on U.S. Households
 
Recession-US & Japan
Recession-US & JapanRecession-US & Japan
Recession-US & Japan
 
S&L Vs Subprime Crisis
S&L Vs Subprime CrisisS&L Vs Subprime Crisis
S&L Vs Subprime Crisis
 
Financial Crisis 2008.pdf
Financial Crisis 2008.pdfFinancial Crisis 2008.pdf
Financial Crisis 2008.pdf
 
Most wanted
Most wantedMost wanted
Most wanted
 
Charting the Financial Crisis
Charting the Financial CrisisCharting the Financial Crisis
Charting the Financial Crisis
 
Averting a Fiscal Crisis
Averting a Fiscal CrisisAverting a Fiscal Crisis
Averting a Fiscal Crisis
 
Best practices in local program design for small business survival -
Best practices in local program design for small business survival  - Best practices in local program design for small business survival  -
Best practices in local program design for small business survival -
 
Global Meltdown
Global MeltdownGlobal Meltdown
Global Meltdown
 
2013 10-20 Possibles scenarios of crisis MiF-15' v12
2013 10-20 Possibles scenarios of  crisis MiF-15' v122013 10-20 Possibles scenarios of  crisis MiF-15' v12
2013 10-20 Possibles scenarios of crisis MiF-15' v12
 
Charting the Financial Crisis: A Narrative eBook
Charting the Financial Crisis: A Narrative eBookCharting the Financial Crisis: A Narrative eBook
Charting the Financial Crisis: A Narrative eBook
 
Class4 mff[1]
Class4 mff[1]Class4 mff[1]
Class4 mff[1]
 

KĂŒrzlich hochgeladen

TEST BANK For Corporate Finance, 13th Edition By Stephen Ross, Randolph Weste...
TEST BANK For Corporate Finance, 13th Edition By Stephen Ross, Randolph Weste...TEST BANK For Corporate Finance, 13th Edition By Stephen Ross, Randolph Weste...
TEST BANK For Corporate Finance, 13th Edition By Stephen Ross, Randolph Weste...ssifa0344
 
Dharavi Russian callg Girls, { 09892124323 } || Call Girl In Mumbai ...
Dharavi Russian callg Girls, { 09892124323 } || Call Girl In Mumbai ...Dharavi Russian callg Girls, { 09892124323 } || Call Girl In Mumbai ...
Dharavi Russian callg Girls, { 09892124323 } || Call Girl In Mumbai ...Pooja Nehwal
 
Dividend Policy and Dividend Decision Theories.pptx
Dividend Policy and Dividend Decision Theories.pptxDividend Policy and Dividend Decision Theories.pptx
Dividend Policy and Dividend Decision Theories.pptxanshikagoel52
 
05_Annelore Lenoir_Docbyte_MeetupDora&Cybersecurity.pptx
05_Annelore Lenoir_Docbyte_MeetupDora&Cybersecurity.pptx05_Annelore Lenoir_Docbyte_MeetupDora&Cybersecurity.pptx
05_Annelore Lenoir_Docbyte_MeetupDora&Cybersecurity.pptxFinTech Belgium
 
VIP Kolkata Call Girl Jodhpur Park 👉 8250192130 Available With Room
VIP Kolkata Call Girl Jodhpur Park 👉 8250192130  Available With RoomVIP Kolkata Call Girl Jodhpur Park 👉 8250192130  Available With Room
VIP Kolkata Call Girl Jodhpur Park 👉 8250192130 Available With Roomdivyansh0kumar0
 
The Economic History of the U.S. Lecture 21.pdf
The Economic History of the U.S. Lecture 21.pdfThe Economic History of the U.S. Lecture 21.pdf
The Economic History of the U.S. Lecture 21.pdfGale Pooley
 
Independent Call Girl Number in Kurla MumbaiđŸ“Č Pooja Nehwal 9892124323 💞 Full ...
Independent Call Girl Number in Kurla MumbaiđŸ“Č Pooja Nehwal 9892124323 💞 Full ...Independent Call Girl Number in Kurla MumbaiđŸ“Č Pooja Nehwal 9892124323 💞 Full ...
Independent Call Girl Number in Kurla MumbaiđŸ“Č Pooja Nehwal 9892124323 💞 Full ...Pooja Nehwal
 
Call Girls Service Nagpur Maya Call 7001035870 Meet With Nagpur Escorts
Call Girls Service Nagpur Maya Call 7001035870 Meet With Nagpur EscortsCall Girls Service Nagpur Maya Call 7001035870 Meet With Nagpur Escorts
Call Girls Service Nagpur Maya Call 7001035870 Meet With Nagpur Escortsranjana rawat
 
Instant Issue Debit Cards - School Designs
Instant Issue Debit Cards - School DesignsInstant Issue Debit Cards - School Designs
Instant Issue Debit Cards - School Designsegoetzinger
 
How Automation is Driving Efficiency Through the Last Mile of Reporting
How Automation is Driving Efficiency Through the Last Mile of ReportingHow Automation is Driving Efficiency Through the Last Mile of Reporting
How Automation is Driving Efficiency Through the Last Mile of ReportingAggregage
 
Vip B Aizawl Call Girls #9907093804 Contact Number Escorts Service Aizawl
Vip B Aizawl Call Girls #9907093804 Contact Number Escorts Service AizawlVip B Aizawl Call Girls #9907093804 Contact Number Escorts Service Aizawl
Vip B Aizawl Call Girls #9907093804 Contact Number Escorts Service Aizawlmakika9823
 
Bladex Earnings Call Presentation 1Q2024
Bladex Earnings Call Presentation 1Q2024Bladex Earnings Call Presentation 1Q2024
Bladex Earnings Call Presentation 1Q2024Bladex
 
06_Joeri Van Speybroek_Dell_MeetupDora&Cybersecurity.pdf
06_Joeri Van Speybroek_Dell_MeetupDora&Cybersecurity.pdf06_Joeri Van Speybroek_Dell_MeetupDora&Cybersecurity.pdf
06_Joeri Van Speybroek_Dell_MeetupDora&Cybersecurity.pdfFinTech Belgium
 
OAT_RI_Ep19 WeighingTheRisks_Apr24_TheYellowMetal.pptx
OAT_RI_Ep19 WeighingTheRisks_Apr24_TheYellowMetal.pptxOAT_RI_Ep19 WeighingTheRisks_Apr24_TheYellowMetal.pptx
OAT_RI_Ep19 WeighingTheRisks_Apr24_TheYellowMetal.pptxhiddenlevers
 
00_Main ppt_MeetupDORA&CyberSecurity.pptx
00_Main ppt_MeetupDORA&CyberSecurity.pptx00_Main ppt_MeetupDORA&CyberSecurity.pptx
00_Main ppt_MeetupDORA&CyberSecurity.pptxFinTech Belgium
 
Solution Manual for Financial Accounting, 11th Edition by Robert Libby, Patri...
Solution Manual for Financial Accounting, 11th Edition by Robert Libby, Patri...Solution Manual for Financial Accounting, 11th Edition by Robert Libby, Patri...
Solution Manual for Financial Accounting, 11th Edition by Robert Libby, Patri...ssifa0344
 
20240417-Calibre-April-2024-Investor-Presentation.pdf
20240417-Calibre-April-2024-Investor-Presentation.pdf20240417-Calibre-April-2024-Investor-Presentation.pdf
20240417-Calibre-April-2024-Investor-Presentation.pdfAdnet Communications
 
(ANIKA) Budhwar Peth Call Girls Just Call 7001035870 [ Cash on Delivery ] Pun...
(ANIKA) Budhwar Peth Call Girls Just Call 7001035870 [ Cash on Delivery ] Pun...(ANIKA) Budhwar Peth Call Girls Just Call 7001035870 [ Cash on Delivery ] Pun...
(ANIKA) Budhwar Peth Call Girls Just Call 7001035870 [ Cash on Delivery ] Pun...ranjana rawat
 
Instant Issue Debit Cards - High School Spirit
Instant Issue Debit Cards - High School SpiritInstant Issue Debit Cards - High School Spirit
Instant Issue Debit Cards - High School Spiritegoetzinger
 
Malad Call Girl in Services 9892124323 | â‚č,4500 With Room Free Delivery
Malad Call Girl in Services  9892124323 | â‚č,4500 With Room Free DeliveryMalad Call Girl in Services  9892124323 | â‚č,4500 With Room Free Delivery
Malad Call Girl in Services 9892124323 | â‚č,4500 With Room Free DeliveryPooja Nehwal
 

KĂŒrzlich hochgeladen (20)

TEST BANK For Corporate Finance, 13th Edition By Stephen Ross, Randolph Weste...
TEST BANK For Corporate Finance, 13th Edition By Stephen Ross, Randolph Weste...TEST BANK For Corporate Finance, 13th Edition By Stephen Ross, Randolph Weste...
TEST BANK For Corporate Finance, 13th Edition By Stephen Ross, Randolph Weste...
 
Dharavi Russian callg Girls, { 09892124323 } || Call Girl In Mumbai ...
Dharavi Russian callg Girls, { 09892124323 } || Call Girl In Mumbai ...Dharavi Russian callg Girls, { 09892124323 } || Call Girl In Mumbai ...
Dharavi Russian callg Girls, { 09892124323 } || Call Girl In Mumbai ...
 
Dividend Policy and Dividend Decision Theories.pptx
Dividend Policy and Dividend Decision Theories.pptxDividend Policy and Dividend Decision Theories.pptx
Dividend Policy and Dividend Decision Theories.pptx
 
05_Annelore Lenoir_Docbyte_MeetupDora&Cybersecurity.pptx
05_Annelore Lenoir_Docbyte_MeetupDora&Cybersecurity.pptx05_Annelore Lenoir_Docbyte_MeetupDora&Cybersecurity.pptx
05_Annelore Lenoir_Docbyte_MeetupDora&Cybersecurity.pptx
 
VIP Kolkata Call Girl Jodhpur Park 👉 8250192130 Available With Room
VIP Kolkata Call Girl Jodhpur Park 👉 8250192130  Available With RoomVIP Kolkata Call Girl Jodhpur Park 👉 8250192130  Available With Room
VIP Kolkata Call Girl Jodhpur Park 👉 8250192130 Available With Room
 
The Economic History of the U.S. Lecture 21.pdf
The Economic History of the U.S. Lecture 21.pdfThe Economic History of the U.S. Lecture 21.pdf
The Economic History of the U.S. Lecture 21.pdf
 
Independent Call Girl Number in Kurla MumbaiđŸ“Č Pooja Nehwal 9892124323 💞 Full ...
Independent Call Girl Number in Kurla MumbaiđŸ“Č Pooja Nehwal 9892124323 💞 Full ...Independent Call Girl Number in Kurla MumbaiđŸ“Č Pooja Nehwal 9892124323 💞 Full ...
Independent Call Girl Number in Kurla MumbaiđŸ“Č Pooja Nehwal 9892124323 💞 Full ...
 
Call Girls Service Nagpur Maya Call 7001035870 Meet With Nagpur Escorts
Call Girls Service Nagpur Maya Call 7001035870 Meet With Nagpur EscortsCall Girls Service Nagpur Maya Call 7001035870 Meet With Nagpur Escorts
Call Girls Service Nagpur Maya Call 7001035870 Meet With Nagpur Escorts
 
Instant Issue Debit Cards - School Designs
Instant Issue Debit Cards - School DesignsInstant Issue Debit Cards - School Designs
Instant Issue Debit Cards - School Designs
 
How Automation is Driving Efficiency Through the Last Mile of Reporting
How Automation is Driving Efficiency Through the Last Mile of ReportingHow Automation is Driving Efficiency Through the Last Mile of Reporting
How Automation is Driving Efficiency Through the Last Mile of Reporting
 
Vip B Aizawl Call Girls #9907093804 Contact Number Escorts Service Aizawl
Vip B Aizawl Call Girls #9907093804 Contact Number Escorts Service AizawlVip B Aizawl Call Girls #9907093804 Contact Number Escorts Service Aizawl
Vip B Aizawl Call Girls #9907093804 Contact Number Escorts Service Aizawl
 
Bladex Earnings Call Presentation 1Q2024
Bladex Earnings Call Presentation 1Q2024Bladex Earnings Call Presentation 1Q2024
Bladex Earnings Call Presentation 1Q2024
 
06_Joeri Van Speybroek_Dell_MeetupDora&Cybersecurity.pdf
06_Joeri Van Speybroek_Dell_MeetupDora&Cybersecurity.pdf06_Joeri Van Speybroek_Dell_MeetupDora&Cybersecurity.pdf
06_Joeri Van Speybroek_Dell_MeetupDora&Cybersecurity.pdf
 
OAT_RI_Ep19 WeighingTheRisks_Apr24_TheYellowMetal.pptx
OAT_RI_Ep19 WeighingTheRisks_Apr24_TheYellowMetal.pptxOAT_RI_Ep19 WeighingTheRisks_Apr24_TheYellowMetal.pptx
OAT_RI_Ep19 WeighingTheRisks_Apr24_TheYellowMetal.pptx
 
00_Main ppt_MeetupDORA&CyberSecurity.pptx
00_Main ppt_MeetupDORA&CyberSecurity.pptx00_Main ppt_MeetupDORA&CyberSecurity.pptx
00_Main ppt_MeetupDORA&CyberSecurity.pptx
 
Solution Manual for Financial Accounting, 11th Edition by Robert Libby, Patri...
Solution Manual for Financial Accounting, 11th Edition by Robert Libby, Patri...Solution Manual for Financial Accounting, 11th Edition by Robert Libby, Patri...
Solution Manual for Financial Accounting, 11th Edition by Robert Libby, Patri...
 
20240417-Calibre-April-2024-Investor-Presentation.pdf
20240417-Calibre-April-2024-Investor-Presentation.pdf20240417-Calibre-April-2024-Investor-Presentation.pdf
20240417-Calibre-April-2024-Investor-Presentation.pdf
 
(ANIKA) Budhwar Peth Call Girls Just Call 7001035870 [ Cash on Delivery ] Pun...
(ANIKA) Budhwar Peth Call Girls Just Call 7001035870 [ Cash on Delivery ] Pun...(ANIKA) Budhwar Peth Call Girls Just Call 7001035870 [ Cash on Delivery ] Pun...
(ANIKA) Budhwar Peth Call Girls Just Call 7001035870 [ Cash on Delivery ] Pun...
 
Instant Issue Debit Cards - High School Spirit
Instant Issue Debit Cards - High School SpiritInstant Issue Debit Cards - High School Spirit
Instant Issue Debit Cards - High School Spirit
 
Malad Call Girl in Services 9892124323 | â‚č,4500 With Room Free Delivery
Malad Call Girl in Services  9892124323 | â‚č,4500 With Room Free DeliveryMalad Call Girl in Services  9892124323 | â‚č,4500 With Room Free Delivery
Malad Call Girl in Services 9892124323 | â‚č,4500 With Room Free Delivery
 

Outlook for the U.S. Economy and Financial Crisis Causes

  • 1. A Precarious Balance: Outlook for the U.S. Economy Dr. John Caldwell Director of Economics Edison Electric Institute
  • 2. What Constitutes a Recession? Source: Federal Reserve Board Interruptions in Long-Run Growth
  • 3. The Business Cycle Since WWII Note: Average annual real GDP growth during this period has been 3.4%.
  • 4.
  • 5. The Economic Crisis: Timeline 2000 2005 1995 1990’s U.S. Stock Market Boom Asian Financial Crisis Start of Housing Bubble “ Dot-Com” Recession; Collapse of Stock Bubble Energy/Commodity Prices Soar Start of Current Recession Housing Prices Peak
  • 6.
  • 7.
  • 8. America’s Growing Reliance Upon Debt Source: Federal Reserve Board
  • 9. Recent Trends Indicate A Rise in Both Poverty and Debt
  • 10. State of the Economy Some Disturbing “Vital Signs”
  • 11. How Serious is This One? Comparison with Past Recessions 1929 = 42 months 1929 = 25% 1929 = 27% 1929 = 89%
  • 12.
  • 13.
  • 14. National Debt Will Continue to Grow Source: Congressional Budget Office Will reach 85% of GDP in 2010
  • 15. “ Follow the Money” Why Government Spending Is Not a Long-Term Solution Private Sector Investment Government Spending Private Savings Taxes Foreign Investment (from Trade Deficit) $ $ $ $ $ $ $ $ $ $
  • 16.
  • 17.