The mystery of the murdered economic expansion

​Former Federal Reserve Chairman Janet Yellen: "I don’t think economic expansions die of old age." Yellen’s predecessor, Ben Bernanke, in response: "I like to say they get murdered." The "murderers" in the past have been financial imbalances like over-leveraging or the Federal Reserve raising rates too fast. Now, as the U.S. economy achieves the longest […]The post The mystery of the murdered economic expansion appeared first on Texas Real Estate Research Center.