'Fine Fundamentals'

Bernard Baumohl has tracked global and U.S. economic trends for several decades.

Now the chief global economist at The Economic Outlook Group, a Princeton, N.J.-based forecasting and economic seminar firm, Baumohl was initially an economics reporter for magazines and newspapers. He covered the White House, Federal Reserve and Wall Street for Time magazine. He later shifted to analysis, and worked at the European American Bank and the Council on Foreign Relations. Baumohl is also the author of a book, “The Secrets of Economic Indicators: Hidden Clues to Future Economic Trends and Investment Opportunities.”

Baumohl recently spoke at an event hosted by the University of South Florida Sarasota-Manatee's College of Business. He talked about economic conditions in the country, and how there are almost two different worlds to study: One is the D.C. Beltway, and the other is everywhere else. “If it would not be for Washington, this economy is poised to grow for another three or four years,” says Baumohl. “There is no recession threat on the horizon and there are no imbalances. All the fundamentals are fine.”
Baumohl spoke with the Business Observer prior to his presentation. Edited excerpts: