U.S. Not Showing Signs of End Cycle for Growth, Ramakrishnan Says

The video discusses the potential risks in US stocks, focusing on late-cycle risks and economic indicators. It highlights the impact of interest rate hikes by the US Federal Reserve on recession risks and market trends. The discussion also covers exogenous risks like trade wars that could affect economic growth and company fundamentals.

What does the term 'late cycle risks' refer to in the context of the US economy?

What factors contribute to the view that the US is still in good economic stead?