Secular Stagnation and Secretary Lawrence Summers

Secretary Lawrence Summers: The term secular stagnation was coined in 1938. It took on new life in late 2013 when former Treasury Secretary Lawrence Summers began arguing this was what ailed America, according to Wall Street Journal and Secular stagnation is such a scary thought that it doesn t have to be real for it to matter for markets. But investors may be in for a shock if it doesn t come to pass. The theory is that because of factors including slowing population growth and lower... (news.financializer.com). As reported in the news.