24 03, 2020

A Message from Michael Rogan

By |2020-03-24T12:31:22-04:00March 24th, 2020|Uncategorized|0 Comments

Dear Friends and Clients, I want to start by commending our Clients on your overall response to this truly unprecedented situation we all find ourselves in. Many of you have been with us through one, or even several, declines and we are gratified that our educational message seems to have been taken to heart. As [...]

22 01, 2020

Moderate Growth in Q4 – Wesbury’s Outlook

By |2020-01-22T15:40:59-05:00January 22nd, 2020|Bullish, Employment, Fed Reserve, Financial, Interest Rates, Outlook, Policy, Uncategorized|0 Comments

Back in mid-November, the highly respected GDP forecasting model from the Atlanta Federal Reserve Bank (also known as "GDP Now"), estimated that real GDP would only grow at a 0.3% annual rate in the fourth quarter, which, if accurate, would have been the slowest growth for any quarter since 2015. At the time, we were [...]

27 08, 2019

Business Uncertainty – Wesbury’s Outlook

By |2019-08-27T08:51:05-04:00August 27th, 2019|Uncategorized|0 Comments

Analysts were very quick to pin the blame for weakness in stocks late last week on the trade war with China. We agree that uncertainty regarding the future of US-China trade relations was a drag on equities, but think it was far from the only reason for weakness. In fact, it wasn't even the most [...]

15 08, 2019

The Inverted Yield Curve and Impending Doom?

By |2019-08-15T13:36:22-04:00August 15th, 2019|Uncategorized|0 Comments

Our media loves a "good" story, even if they have to invent one. Today’s story from Media Groupthink Central (MGC) is the yield curve for US Treasuries has inverted and therefore is signaling an impending recession. Several carefully worded stories to this effect have been printed recently, along with others written more sloppily so as [...]

5 08, 2019

Wesbury’s Outlook – The Flailing Fed

By |2019-08-05T19:08:58-04:00August 5th, 2019|Uncategorized|0 Comments

The Fed is flailing. For the past several years, under the leadership of both Jerome Powell and, before that, Janet Yellen, the Fed claimed it was "data dependent." But the decision last week to reduce short-term rates by 25 basis points tore that narrative to shreds. At the prior Federal Reserve meeting in mid-June, a [...]

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