Manulife's Greene Sees U.S. Facing a Fiscal Cliff in 2020

The video discusses the temporary boost in US economic growth due to tax and spending bills, predicting a return to a 2% growth rate. It highlights the uncertainty caused by trade policies, which may lead to deferred investments. The potential for a future recession is examined, with corporate debt identified as a likely trigger. The next recession is expected to be less severe than the last, depending on how financial bubbles are managed.

What is the expected growth rate for the US economy as discussed in the video?

• 4.0%

• 2.7%

• 1.5%

• 3.5%

What is causing companies to defer their investment plans?

• High interest rates

• Increased competition

• Lack of skilled labor

• Uncertainty around trade policies

What fiscal challenge is anticipated in 2020?

• An increase in exports

• A significant increase in GDP

• A fiscal cliff

• A decrease in unemployment

What is likely to be the cause of the next recession according to the video?

• Debt

• High inflation

• Natural disasters

• Technological advancements

How might the next recession differ from the last one?

• It will be caused by inflation

• It could be shallower and shorter

• It will require a bank bailout

• It will be longer and deeper