21 09, 2020

The Long Slog Recovery-Wesbury’s Outlook

By |2020-09-21T15:45:41-04:00September 21st, 2020|Economist, Uncategorized|0 Comments

The second quarter of 2020 was the mother of all economic contractions. Real GDP shrank at a 31.7% annual rate, the largest drop for any quarter since the Great Depression. However, based on the economic reports we've seen so far, it looks like the third quarter will be the mother of all economic rebounds. Even [...]

1 06, 2020

More Green Shoots – Wesbury’s Outlook

By |2020-06-01T15:39:10-04:00June 1st, 2020|Economist, Financial, GDP, Governments, Media, Outlook, Uncategorized|0 Comments

A full recovery from the COVID-19/Shutdown Crisis is going to take a long time. We don't anticipate reaching a new peak for real GDP until the end of 2021; we don't anticipate a 4% unemployment rate until 2024. However, there is a growing amount of evidence that the economy may have hit bottom in May. [...]

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 [...]

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