Fritz Meyer Quarterly Economic Update, October 2019 (Two Credits)

"In my 40-year career, I've never seen such strength all at once in consumer income, spending, and saving, as well as employment household net-worth," says Fritz Meyer, economist.

CBO and the Fed, respectively, forecast 2019 GDP growth of +2.3% and +2.2%. Despite the trade war, the plunge in manufacturing, and a contraction in Germany's Q2 GDP, the U.S. is beating CBO's long-term forecast for a +1.8% annualized growth rate through 2029.

At 18X trailing earnings, stocks are fully valued. Low expected inflation and interest rates could justify P/E expansion. Moreover, commodities and foreign investing have fallen off the efficient frontier, a crucial shift in strategic asset management.   

This month's 110-minute, two-credit session gives you the latest data on the yield curve, the Fed, earnings, P/E ratios, record-low bond yields, and the global demographics behind this new condition.


Over the last 12 months, Fritz's monthly sessions averaged a 4.9 star-rating from an average of about 90 professionals who took time each month to review the sessions.


To collaborate with Fritz deeply, request a This email address is being protected from spambots. You need JavaScript enabled to view it..

Fritz was the strategist at one of the world's largest investment companies for over a decade, before going independent and becoming a popular monthly presenter on A4A in 2011. He's not affiliated with any products, political party, or school of economic thought. Fritz's pragmatic analysis earns his presentations 4.8-star ratings monthly.

This webinar is eligible for two hours of CE credit towards the CIMA® and CPWA® certifications, two CFP® CE, two PACE credits toward the CLU® and ChFC® designations and two live CPA CPE credits.