Happy, Healthy, and Calm

By |2021-01-07T13:33:05-05:00January 7th, 2021|Financial, Media, Outlook|

Now that 2020 is receding in the rear view mirror, it’s time to assess where we are and to refresh our goals for where we are headed. 2020 gave us many lessons to learn from and move forward.   First, we all have much to be grateful for and one thing we have observed over [...]

Giving Thanks, Double Dip Unlikely – Wesbury’s Outlook

By |2020-11-17T16:55:30-05:00November 17th, 2020|Uncategorized|

Give Thanks! The US economy continues to heal. Payrolls keep growing, unemployment claims - though still elevated - are shrinking, key measures of the manufacturing and service sectors remain well into positive territory, and, as this week should show, both retail sales and industrial production remain on an upward trajectory. While some investors are concerned [...]

No Wave is Good News For Stocks- Wesbury’s Outlook

By |2020-11-09T19:27:38-05:00November 9th, 2020|Economist, Fear, Financial, Media, Outlook, Policy|

While the election is still not certified, and court battles will drag on, it appears that we can draw two firm conclusions from the 2020 election. First, the pollsters were horribly wrong again. Secondly, American voters do not want a radical shift in economic policy. While Vice President Biden declared victory based on statistical evidence [...]

GDP Soars in Third Quarter – Wesbury’s Outlook

By |2020-10-20T14:09:38-04:00October 20th, 2020|Economist, Financial, Media, Outlook, Policy, Spending, Trade, Uncategorized|

There is nothing normal about the 2020 recession. Massive nationwide shutdowns of "non-essential" businesses caused real GDP to drop at a 31.4% annual rate in the second quarter, the biggest drop since the 1930s. However, as we expected, a V-shaped recovery is being traced out. On October 29th, in ten days, we expect a report [...]

The Long Slog Recovery-Wesbury’s Outlook

By |2020-09-21T15:45:41-04:00September 21st, 2020|Economist, Uncategorized|

The second quarter of 2020 was the mother of all economic contractions. Real GDP shrank at a 31.7% annual rate, the largest drop for any quarter since the Great Depression. However, based on the economic reports we've seen so far, it looks like the third quarter will be the mother of all economic rebounds. Even [...]

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