On July 1, America entered unknown economic territory. The U.S. is now in the 11th year of continuous economic expansion without a recession to blemish the record.1 This is the longest the nation has ever gone without falling into an economic downturn. Paired with the country's equally impressive equity bull market - which officially became the longest in U.S. history in March2 - 2019 has become a year defined by record highs.
But the good times won't last forever. Slumping global growth, heightened trade tensions and diminishing levels of business confidence and manufacturing