Wesbury’s Outlook – Scapegoating Powell
New Narrative Alert: Fed Chief Jerome Powell is to blame for the volatility in stocks. Back on October 3rd, with stock markets near their record highs, Powell said "we're a long way from neutral." That was not long after the [...]
Wesbury’s Outlook – Consumers Stay Strong
It's that time of the year again. Holiday sales data show surging online sales while foot traffic at brick and mortar stores remains tepid. If you have a sense of déjà vu, it's because you heard the same stories last [...]
Wesbury’s Outlook -“Fading” Fiscal Stimulus; Really?
Fed Chair Jerome Powell and others have started a new narrative about economic "headwinds." They think past rate hikes, slower foreign growth, and "fading fiscal stimulus" should slow the Fed's rate hikes. But is fiscal stimulus really fading? Powell and [...]
Wesbury’s Outlook – The Plentiful Job Market
Growth is determined by a perpetual tug-of-war between entrepreneurship and government redistribution. When President Obama was in [...]
Adam Lucke – October Market Scaries
October Market Scaries As most of you know, we’ve advocated for many years that you not pay [...]
Wesbury- Stocks Are Still Cheap
Conventional wisdom says the stock market rally is over. We wholeheartedly disagree. These doomsayers are focused on [...]
Wesbury’s Outlook – Robust Growth Continues
Economic growth continued at a robust rate in the third quarter, supporting the case for both a [...]
Wesbury’s Outlook – Powell Moves Markets
Federal Reserve Board Chairman, Jerome Powell, who has been remarkably quiet as he adjusts to his new [...]
Wesbury’s Outlook- No Looming Recession
As far as Harvard economist Martin Feldstein is concerned, we're all doomed. Feldstein says that the low [...]