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The Economy Is in a 'Strong Place,' Says NYSE Trader

How should investors feel about the economy overall? Tim Anderson, managing director at TJM Investments, has a rosy outlook on the economy for now. "I think we're in a very good spot right now. Now we're not, you know, we're not going to hit, you know, 4% GDP or the for first quarter is obviously going to be a tough quarter. The first quarter has been a very tough quarter for GDP for years," he said. "And even senior economists will say there's a glitch in the way we monitor and record first quarter GDP. It's always at least 1% light from the rest of the year. But going forward, I think that we're in a very strong place for the economy. We're not going to have a recession this year and I really don't think we're going to have a recession in 2020." Will I Have Enough Money to Retire? Want to learn about retirement planning from some of the nation's top experts? Join TheStreet's Robert "Mr. Retirement" Powell live in New York on April 6 for our Retirement Strategies Symposium. For a limited time, tickets are available for $99 for this full-day event. Check out the agenda, learn about the speakers and sign up here.

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