Maxioms by Joe Abate
The market didn't like his lines about inflation. Overall, the speech was extremely well balanced . . . The market read more
The market didn't like his lines about inflation. Overall, the speech was extremely well balanced . . . The market is just focusing on one or two lines out of the entire speech.
The odds are that things are going to be a little stronger than people anticipate in another month or so. read more
The odds are that things are going to be a little stronger than people anticipate in another month or so. With the exception of the labor market data, which will continue to stink.
It'll be a solid number, but it won't post the 8.2 percent growth we saw for the third quarter.
It'll be a solid number, but it won't post the 8.2 percent growth we saw for the third quarter.
In the long run, crowding out tends to mitigate the effects of fiscal policy.
In the long run, crowding out tends to mitigate the effects of fiscal policy.
We now believe that the first Fed rate hike will not come until December, and we continue to worry the read more
We now believe that the first Fed rate hike will not come until December, and we continue to worry the Fed may be forced to ease again before it begins hiking rates.
