8 01, 2018

Wesbury’s Outlook – Bond Bull-Market Is Over

By | 2018-01-08T14:29:07+00:00 January 8th, 2018|Bullish, Financial, Governments, Interest Rates|0 Comments

Bonds have been in a "bull market" for the past thirty-seven years.  Not every quarter, or every month, but bond yields have fallen consistently since Paul Volcker ended the inflation of the 1970s. And just like any long-term bull market or bubble justifications proliferate.  The current 10-year Treasury yield is 2.46%, which equates to a [...]

2 01, 2018

Wesbury’s Outlook – Revolution

By | 2018-01-02T13:20:42+00:00 January 2nd, 2018|Financial, Governments, Interest Rates, Policy, Taxes|0 Comments

One word that could describe Donald Trump's unexpected ascendancy to the presidency is – "revolt."  Revolt against the "establishment."  Revolt against the "status quo." After all, status quo bureaucracies, tax rates, institutions, regulations, and narratives promised prosperity, yet the economy was mired in slow growth and many felt it was hard to get ahead.  Reliably [...]

27 12, 2017

Wesbury’s Outlook – Greedy Innkeeper or Generous Capitalist?

By | 2017-12-27T14:00:08+00:00 December 27th, 2017|Bullish, Financial, Governments, Interest Rates, Taxes|0 Comments

Posted Under: Monday Morning Outlook The Bible story of the virgin birth is at the center of much of the holiday cheer this time of year.  The book of Luke tells us that Mary and Joseph traveled to Bethlehem because Caesar Augustus decreed a census should be taken.  Mary gave birth after arriving in Bethlehem [...]

18 12, 2017

Wesbury’s Monday Outlook – So Far, So Good

By | 2017-12-18T12:45:03+00:00 December 18th, 2017|Bullish, Financial, Governments, Interest Rates, Taxes|0 Comments

Posted Under: Bullish • GDP • Government • Markets • Monday Morning Outlook • Interest Rates • Spending • Taxes • Stocks Last December we wrote "we finally have more than just hope to believe that this year, 2017, is the year the Plow Horse Economy finally gets a spring in its step." We expected real GDP growth to accelerate from 2.0% in 2016 to "about 2.6%" in 2017.  Our optimism [...]