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 [...]

26 04, 2019

Wesbury’s Outlook – Resilient Economy

By |2019-04-26T10:16:20-05:00April 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. [...]

22 01, 2019

Wesbury’s Outlook – Solid Growth to Finish 2018

By |2019-01-22T12:54:09-05:00January 22nd, 2019|Bullish, Employment, Financial, GDP, Outlook|0 Comments

Normally, the end of January sees the government's first estimate of real GDP growth for the fourth quarter. But with no end in sight for the shutdown, which has already seen numerous other data releases postponed – including figures on retail sales, international trade, inventories, construction, and durable goods - it's very unlikely the GDP [...]