Forget the gloom of the 1970s—UBS thinks the US economy is headed back to a Clinton-like era of the bustling 1990s

US President Bill Clinton speaks during a press conference in 1994. (Credit: Ron Sachs—CNP via Getty Images)

Economic leaders are looking to the past for some inspiration on how to deal with the present—the only issue is, no one seems to be able to agree which past era they should be studying.

Deutsche Bank believes the U.S. economy closely resembles the turbulent times of the 1970s, an outlook prompted by the war in Israel, oil shocks, and rampant inflation.