Detailed text transcripts for TV channel - CNN - 20181202:15:02:00
Is looking like peak america. u.s. stocks have outperformed the rest of the world this decade, and that sort of trend rarely lasts. the current recovery is now the second-longest in history, and it is due for a down turn. interest rates are rising. corporate profit growth is slowing. and budget deficits are surging. even president trump seems aware of the likelihood of a dip, which is why he has been preparing the ground for it by blaming the federal reserve for raising interest rates. but there are broader structural realities at work, as well. while the united states continues to outperform ...