Part 4/8:
Looking towards the future, Zion asserts that the industrial sector is also on an upward trajectory due to the pressing need for a substantial industrial buildout. The potential fall of the Chinese economic system may demand that the U.S. effectively double its industrial capacity. The ongoing industrial construction boom has already seen a tenfold increase in spending over the past five years, which further supports the notion that an impending recession is unlikely.
Zion noted that this expansion comes against a backdrop of notably low unemployment rates, as industries are currently seeking labor to facilitate this growth. This labor market situation denotes that Millennial workers will likely see improved compensation, which will further spur consumption.
Current Financial Landscape