18 09, 2018

Wesbury’s Outlook – The Growing Deficit

By |2018-09-18T10:47:47-04:00September 18th, 2018|Governments, Interest Rates, Policy, Spending, Taxes|0 Comments

The U.S. federal government reported last week that it ran a deficit of $214 billion in August, the fifth largest deficit for any single month in US history. The Congressional Budget Office thinks these numbers are consistent with a budget deficit of about $800 billion for Fiscal Year 2018, which ends September 30. If so, [...]

13 08, 2018

Wesbury’s Outlook- The Kevlar Economy

By |2018-08-13T22:52:25-04:00August 13th, 2018|Bullish, Financial, Governments, Policy, Spending|0 Comments

Since March of 2009, the predictions of economic, and stock market collapse have been non-stop. Doom-and-gloomers have been unrelenting. And it's doubly frustrating since you can't disprove a negative until it doesn't happen. We have written hundreds of pieces since the recovery - and bull market – began, arguing that the pessimism was unjustified. We've [...]

31 07, 2018

Wesbury’s Outlook – The Economic Surge

By |2018-07-31T21:26:27-04:00July 31st, 2018|Fed Reserve, Financial, Governments, Policy, Spending, Taxes|0 Comments

Paul Krugman, Larry Summers and Bob Gordon have some 'splainin to do. Where's that "secular stagnation?" Since 2009, they, along with many others, have said the US economy is stuck at 2% real growth. Their theory got traction after 2009, as the U.S. saw what we called a Plow Horse Economy. But, we never believed [...]

3 07, 2018

Wesbury’s Outlook – Election Outlook

By |2018-07-03T08:51:08-04:00July 3rd, 2018|Financial, Governments, Policy, Spending, Taxes|0 Comments

At least three reasons suggest the Democrats should be optimistic about taking control of the House this November. First, the party controlling the White House typically loses seats in mid-terms. These include "tidal waves" against the president's party like in 1994 and 2010, when newly-elected presidents Bill Clinton and Barack Obama watched their parties lose [...]

Load More Posts