2 01, 2018

Wesbury’s Outlook – Revolution

By |2018-01-02T13:20:42-05:00January 2nd, 2018|Financial, Governments, Interest Rates, Policy, Taxes|0 Comments

One word that could describe Donald Trump's unexpected ascendancy to the presidency is – "revolt."  Revolt against the "establishment."  Revolt against the "status quo." After all, status quo bureaucracies, tax rates, institutions, regulations, and narratives promised prosperity, yet the economy was mired in slow growth and many felt it was hard to get ahead.  Reliably [...]

27 12, 2017

Wesbury’s Outlook – Greedy Innkeeper or Generous Capitalist?

By |2017-12-27T14:00:08-05:00December 27th, 2017|Bullish, Financial, Governments, Interest Rates, Taxes|0 Comments

Posted Under: Monday Morning Outlook The Bible story of the virgin birth is at the center of much of the holiday cheer this time of year.  The book of Luke tells us that Mary and Joseph traveled to Bethlehem because Caesar Augustus decreed a census should be taken.  Mary gave birth after arriving in Bethlehem [...]

18 12, 2017

Wesbury’s Monday Outlook – So Far, So Good

By |2017-12-18T12:45:03-05:00December 18th, 2017|Bullish, Financial, Governments, Interest Rates, Taxes|0 Comments

Posted Under: Bullish • GDP • Government • Markets • Monday Morning Outlook • Interest Rates • Spending • Taxes • Stocks Last December we wrote "we finally have more than just hope to believe that this year, 2017, is the year the Plow Horse Economy finally gets a spring in its step." We expected real GDP growth to accelerate from 2.0% in 2016 to "about 2.6%" in 2017.  Our optimism [...]

11 12, 2017

Wesbury’s Monday Outlook – The Fallacy of Weak Productivity

By |2017-12-11T12:43:44-05:00December 11th, 2017|Financial, Governments|0 Comments

Posted Under: Government • Monday Morning Outlook • Productivity Models of the economy are pretty useful tools.  And simple models are some of the most useful.  They help people envision how the world works.  They help organize thinking. For example, the model that says potential U.S. economic growth is determined by "population (labor force) growth" plus "productivity" is an [...]

20 11, 2017

Wesbury’s Monday Outlook – The Economy is Accelerating

By |2017-11-29T23:55:41-05:00November 20th, 2017|Financial, Governments|0 Comments

Bullish • GDP • Government • Monday Morning Outlook • Spending • Taxes We've called it a "Plow Horse" economy, which was our metaphor invented to counter forecasters who said slow growth meant a recession was on its way.  A Plow Horse is always slow, but that slowness hides underlying strength – it was never going to slip and fall.  Now, the economy is accelerating. [...]

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