11 01, 2019

Wesbury’s Outlook- No Sign of Recession

By |2019-01-11T10:53:43+00:00January 11th, 2019|Bullish, Employment, Financial, Media, Outlook|0 Comments

Talk about destroying a narrative. On Friday, the Labor Department reported 312,000 new jobs in December, with an additional 58,000 from upward revisions to prior months. Recession talk got crushed. The Pouting Pundits of Pessimism claim jobs are a lagging indicator, but the pace of payroll growth starts declining well before a recession starts. In [...]

23 10, 2018

Wesbury’s Outlook – Robust Growth Continues

By |2018-10-23T04:30:39+00:00October 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 [...]

2 10, 2018

Wesbury’s Outlook- No Looming Recession

By |2018-10-02T15:31:58+00:00October 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 [...]

22 08, 2018

Michael Rogan – Follow Up to the Big Picture

By |2018-08-21T01:57:28+00:00August 22nd, 2018|Media, Policy|0 Comments

In my last blog I mentioned I would follow up with example of not only why the financial press is virtually always wrong, but why they have to be wrong. Again, in this vitriolic time I feel compelled to remind you that this is not a political commentary of any kind. Any comments made here [...]

21 08, 2018

Wesbury’s Outlook – Capitalism Works, Don’t Change It

By |2018-08-21T01:48:28+00:00August 21st, 2018|Financial, Governments, Media, Policy|0 Comments

"Wealth creation" versus "the redistribution of wealth" is an age-old political/economic battle. And once again, Senator Elizabeth Warren - among others - has capitalism in the crosshairs. Adam Smith defended capitalism in 1776. Karl Marx attacked it in the 1800s. William Jennings Bryant attacked it; Grover Cleveland defended it. FDR attacked it; Ronald Reagan defended [...]

15 08, 2018

Michael Rogan on The Big Picture

By |2018-08-17T10:21:18+00:00August 15th, 2018|Media, Uncategorized|0 Comments

One of the hardest things for me to put aside when writing blogs and similar posts is the focus on the big picture. The “Why”. Why do we plan? Who is this money ultimately for and when do they need it? Most of you know we have spent decades warning about the misinformation in the [...]