Still Early in U.S. Manufacturing Renaissance: Hyzy

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Nov. 12 (Bloomberg) -- U.S. Trust Co.'s Chris Hyzy discusses the U.S. manufacturing renaissance with Matt Miller and Trish Trish on Bloomberg Television's "Street Smart." (Source: Bloomberg)

At listening to larry fink, he says the u.s. is still the best place to invest.

We are midcycle in the business cycle on our way to a new one headed by energy.

There is no way we would've said the u.s. would be energy independent in a few years but we are on our way to that.

That is where a lot of the jobs come in the play.

You will now be constructing gas terminals, export terminals to export a lot of the abundance of natural gas.

I also agree with mexico, canada, and the entire -- unless you are in mexico.

It is terrifying how dangerous it is.

There are security concerns.

But back to this idea that the u.s. is the place to be.

Do you believe in this manufacturing renaissance story.

We are holding labor costs , energy low-cost inputs, you put it all together.

We are at a five percent premium.

This renaissance is still very early.

A lot of businesses coming back home.

It is happening every week.

The year-end, what do you think?

The more taper talk happens, the more it doesn't happen.

We really appreciate it.

Now the founder of lulu lemon is

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