The Atlanta Fed has reduced their view on Q1 GDP due to a modest reduction in consumer spending growth and an adjustment to one of their forecasting factors following the employment report.
The Divergent View summarizes key points from Schwab’s wide ranging interview with Ben Bernanke
ADP reported a much higher than expected private payroll gain of 298k for the month of February.
Moments ago, the Q1 GDP growth estimate by the Atlanta Fed was revised down to 1.3% from 1.8% previously.
Are investors underestimating the timeline and overestimating the impact of Trump policy changes?
In Janet Yellen’s address to the Executives’ Club of Chicago today, Chair Yellen signaled confidence that the Fed would continue with current expectations for three quarter point fed funds rate increases for 2017.
Hard economic data continue to show mixed results in the US despite increased optimism following Trump’s election
Gross- “As it is, in 2015, I merely have a sense of an ending, a secular bull market ending with a whimper, not a bang. But if so, like death, only the timing is in doubt. Because of this sense, however, I have unrest, increasingly a great unrest. You should as well.”
Despite the unwavering confidence of the Federal Reserve, not even the Fed can stop the natural ebb and flow of business cycles.
Ben Bernanke’s blog post to silence Fed critics and why I disagree with almost everything he wrote.