11 12, 2017

Wesbury’s Monday Outlook – The Fallacy of Weak Productivity

By | 2017-12-11T12:43:44+00:00 December 11th, 2017|Financial, Governments|0 Comments

Posted Under: Government • Monday Morning Outlook • Productivity Models of the economy are pretty useful tools.  And simple models are some of the most useful.  They help people envision how the world works.  They help organize thinking. For example, the model that says potential U.S. economic growth is determined by "population (labor force) growth" plus "productivity" is an [...]

4 12, 2017

Wesbury’s Monday Outlook – Don’t Fear Higher Interest Rates

By | 2017-12-04T15:11:19+00:00 December 4th, 2017|Fed Reserve, Financial, Governments|0 Comments

Bullish • Government • Markets • Monday Morning Outlook • Fed Reserve • Interest Rates • Stocks   The Federal Reserve has a problem.  At 4.1%, the jobless rate is already well below the 4.6% it thinks unemployment would/could/should average over the long run.  We think the unemployment rate should get to 3.5% by the end of 2019 and wouldn't be shocked if it got that low [...]

20 11, 2017

Wesbury’s Monday Outlook – The Economy is Accelerating

By | 2017-11-29T23:55:41+00:00 November 20th, 2017|Financial, Governments|0 Comments

Bullish • GDP • Government • Monday Morning Outlook • Spending • Taxes We've called it a "Plow Horse" economy, which was our metaphor invented to counter forecasters who said slow growth meant a recession was on its way.  A Plow Horse is always slow, but that slowness hides underlying strength – it was never going to slip and fall.  Now, the economy is accelerating. [...]