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So far R&A has created 104 blog entries.
25 10, 2018

Wesbury- Stocks Are Still Cheap

By |2018-10-25T16:51:02-05:00October 25th, 2018|Uncategorized|0 Comments

Conventional wisdom says the stock market rally is over. We wholeheartedly disagree. These doomsayers are focused on three specific things they claim spell the end: 1) the Fed lifting rates, 2) trade wars, and 3) the midterm elections. So let's break down the issues, one by one, and show why fears are overblown. Tune out [...]

23 10, 2018

Wesbury’s Outlook – Robust Growth Continues

By |2018-10-23T04:30:39-05:00October 23rd, 2018|Fed Reserve, Financial, Interest Rates, Media|0 Comments

Economic growth continued at a robust rate in the third quarter, supporting the case for both a continued bull market in stocks and further rate hikes from the Fed. While we might make minor adjustments when we get Thursday's data on durable goods, international trade, and inventories, right now our model forecasts real GDP expanded [...]

8 10, 2018

Wesbury’s Outlook – Powell Moves Markets

By |2018-10-08T18:25:59-05:00October 8th, 2018|Uncategorized|0 Comments

Federal Reserve Board Chairman, Jerome Powell, who has been remarkably quiet as he adjusts to his new role at the Fed, finally roiled markets last week. He made comments on Wednesday, during the Atlantic Festival at a session moderated by Judy Woodruff of the PBS News Hour. Powell said, "The really extremely accommodative low interest [...]

2 10, 2018

Wesbury’s Outlook- No Looming Recession

By |2018-10-02T15:31:58-05:00October 2nd, 2018|Financial, Interest Rates, Media|0 Comments

As far as Harvard economist Martin Feldstein is concerned, we're all doomed. Feldstein says that the low interest rates of the last several years have created a stock market bubble rivaling the housing bubble that precipitated the last crisis. As interest rates keep rising, he says, the stock market bubble will eventually burst, sending the [...]

18 09, 2018

Wesbury’s Outlook – The Growing Deficit

By |2018-09-18T10:47:47-05:00September 18th, 2018|Governments, Interest Rates, Policy, Spending, Taxes|0 Comments

The U.S. federal government reported last week that it ran a deficit of $214 billion in August, the fifth largest deficit for any single month in US history. The Congressional Budget Office thinks these numbers are consistent with a budget deficit of about $800 billion for Fiscal Year 2018, which ends September 30. If so, [...]

12 09, 2018

Michael Rogan – Magical Thinking and Investing

By |2018-09-09T17:27:16-05:00September 12th, 2018|Uncategorized|0 Comments

Many of you possess vast knowledge, from personal experience, on the subject of having teenagers in your life. I, on the other hand, am just beginning to learn. I’ve been recently musing on their ability to believe in fictions created in their young minds. This seems to especially occur when they are asked, by an [...]

11 09, 2018

Wesbury’s Outlook -Wage Growth Steps Up

By |2018-09-11T15:27:01-05:00September 11th, 2018|Financial, Governments, Policy, Taxes|0 Comments

Friday's jobs report finally included what appears to be evidence of the long-awaited acceleration in wage growth. Average hourly earnings grew 0.4% in August, which meant they were up 2.9% from a year ago, the largest 12-month increase since the economic recovery started in mid-2009. By contrast, these wages were up 2.6% in the 12-months [...]

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