*By Michael Teich* President Trump's top economic advisor Larry Kudlow said this week that economic growth could top [4 percent](https://www.cnbc.com/2018/07/18/trump-advisor-kudlow-says-economic-growth-could-top-4percent-for-a-quarter-.html). And while JPMorgan ETFs global market strategist Samantha Azzarello agrees, she does doubt its sustainability. "It’s like running on Red Bull, which you can not do forever," she told Cheddar in an interview Thursday. The economy is getting a jolt from tax cuts, government spending, and high consumption. But trade tensions have weighed on the markets recently, and as Azzarello explained, we're late in the cycleーthe bull market turned 9 years old in March, its longest ever run. "There's fatigue with this bull market, which is bizarre. We should feel good that the earnings growth is so good," she said. "If you contrast the earnings data, which is so positive and so strong, with how much the market is up, it literally doesn't make any sense." For the full segment, [click here.](https://cheddar.com/videos/u-s-economy-running-on-red-bull-but-wont-last-says-market-strategist)

Share:
More In Business
Tesla Launches All-Electric Kids Cyberquad Vehicle
If your kid was on Santa's "nice list" this year, maybe you're willing to shell out $1,900 for Tesla's new Cyberquad. The automaker's all-electric ATV for children 8 years old and up is available to order now and is expected to begin shipping in two to four weeks.
Southeast Asia Superapp Grab CFO on Profitability, Growth as Company Goes Public
Grab, a Southeast Asia-based ride sharing, e-wallet, and delivery service, made its public debut on the Nasdaq via SPAC merger. CFO Peter Oey joined Cheddar's Brad Smith to talk about the IPO and why it was an ideal time for the company to go public. Oey noted that while Grab operates in 465 cities in eight Southeast Asian countries, there is still more opportunity to grow and expand while balancing profitability and growth.
Voltus Going Public In $1.3 Billion Deal
Voltus is going public by combining with a special purpose acquisition company, Broadscale Acquisition Corp., in a deal that values the electricity market technology startup at about $1.3 billion dollars. The company aims to deliver less expensive, more reliable, and more sustainable electricity to its more than 600 customers, including Home Depot, Coca-Cola, and Simon Property Group. Gregg Dixon, co-founder and CEO of Voltus and Andrew Shapiro, chairman and CEO of Broadscale Acquisition Corp., joined Cheddar News to discuss the deal.
Manufacturing Industry Outlook Amid Omicron, Supply Chain Issues
The Institute for Supply Management released its monthly manufacturing PMI report on Wednesday, showing growth in the manufacturing sector but demand continues to outpace production. Deborah Byers, EY Americas Industry Leader, joins Cheddar to discuss takeaways from this month's report, and what companies across industries are prioritizing going into 2022.
Load More