About R&A

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So far R&A has created 94 blog entries.
26 06, 2019

Wesbury’s Outlook – This Crazy Rate Cut

By |2019-06-26T11:14:20-04:00June 26th, 2019|Fed Reserve, Financial, Governments, Interest Rates, Outlook, Uncategorized|0 Comments

The narrative that the U.S. economy is in trouble – some say teetering on the edge of recession - has become so powerful and persuasive that few investors give it a second thought. So of course, they believe, the Fed should cut interest rates. We haven't seen anything like it since the Fed was hiking [...]

18 06, 2019

Wesbury’s Outlook – Better Signs

By |2019-06-18T17:44:08-04:00June 18th, 2019|Uncategorized|0 Comments

A few key economic reports have taken a turn for the better, boosting expected real GDP growth in the second quarter and pointing to an upward revision to first quarter growth. Retail sales grew 0.5% in May, very close to consensus expectations, and were revised up substantially for prior months. Pairing this data with other [...]

14 05, 2019

Wesbury’s Outlook – Trade War Hysterics

By |2019-05-14T10:52:55-04:00May 14th, 2019|Trade|0 Comments

Since hitting new all-time highs two weeks ago, the S&P 500 has fallen about 2.2% as trade negotiations with China hit a snag. Last week, the US announced new tariffs on Chinese imports. This morning, China announced new tariffs on some US goods. Many fear a widening trade war. Don't get us wrong. We want [...]

29 04, 2019

Wesbury’s Outlook – Goodbye Recession Fears

By |2019-04-29T18:00:40-04:00April 29th, 2019|Financial, Governments, Media, Outlook, Policy|0 Comments

Less than two months ago, conventional wisdom thought the US economy was in real trouble. The consensus expected real GDP would barely grow, if at all, in the first quarter of 2019. Many were in a tizzy about the "second derivative," of growth, obsessing that near zero growth in Q1 would mean three straight quarters [...]

26 04, 2019

Wesbury’s Outlook – Resilient Economy

By |2019-04-26T10:16:20-04:00April 26th, 2019|Financial, GDP, Outlook|0 Comments

It wasn't that long ago that some economists and investors were seriously concerned about US growth going negative for the first quarter. Now, based on our calculations, which we discuss below, it looks like real GDP grew at a respectable 2.6% annual rate in Q1, meaning that US real output was 3.1% larger than Q1-2018. [...]

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