9 12, 2019

Good News is Good News – Wesbury’s Outlook

By |2019-12-09T13:30:49-05:00December 9th, 2019|Bullish, Employment, Financial, Outlook, Policy|0 Comments

A year ago, conventional wisdom became convinced that a stock market correction was really the beginning of a "bear market," and a sure sign that recession was on its way. Oops. Conventional wisdom was wrong again. The Pouting Pundits still talk about ISM surveys being weak, and fret that a trade war is brewing. But, [...]

4 11, 2019

No Recession on the Horizon – Wesbury’s Outlook

By |2019-11-04T16:13:33-05:00November 4th, 2019|Fed Reserve, Financial, GDP, Interest Rates, Outlook, Policy|0 Comments

Since the earliest days of the current economic expansion, there have been naysayers asserting the US was on the brink of another recession. Remember all the fear about another wave of home foreclosures, or a disaster in commercial real estate, or the Fiscal Cliff, or Greece potentially leaving the Eurozone, or German bank defaults, or [...]

17 09, 2019

We’re All Keynesians Now – Wesbury’s Outlook

By |2019-09-17T12:35:38-04:00September 17th, 2019|Financial, Policy, Spending, Taxes, Trade|0 Comments

"We are all Keynesians now," is a phrase that caught on in the late 1960s and early 1970s, variously attributed to Milton Friedman and President Richard Nixon. Uncle Milty was commenting on the general political/economic environment, not saying he was a Keynesian. Richard Nixon, on the other hand, actually said "I am now a Keynesian." [...]

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 [...]

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