30 07, 2019

Wesbury’s Outlook- Solid GDP Report

By |2019-07-30T14:59:11-04:00July 30th, 2019|Outlook, Policy|0 Comments

A cottage industry has sprung up in the past decade with the sole focus of discrediting any good news on the economy. When President Obama was in office, the attacks mostly came from the right. With President Trump in Office, the attacks mostly come from the left. Since March 2009, regardless of who was in [...]

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 [...]

29 04, 2019

Wesbury’s Outlook – Goodbye Recession Fears

By |2019-04-29T18:00:40-04:00April 29th, 2019|Financial, Governments, Media, Outlook, Policy|0 Comments

Less than two months ago, conventional wisdom thought the US economy was in real trouble. The consensus expected real GDP would barely grow, if at all, in the first quarter of 2019. Many were in a tizzy about the "second derivative," of growth, obsessing that near zero growth in Q1 would mean three straight quarters [...]

26 04, 2019

Wesbury’s Outlook – Resilient Economy

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

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