Monthly Archives: March 2015
The Fed’s FOMC statement showed no immediate threat of Fed tightening, per my expectations. Here are the interesting bits…. There’s no way the Fed will be able to begin tightening this year and probably not next year either. Party on…. But for how long?
U.S. economy on the verge of stalling: ECRI’s latest WLI is a -4.0 . The Atlanta Fed GDP data is presenting a 0.6% Q1 GDP growth picture. Retail sales are contracting since November at a pace almost never seen outside of recession. That’s not all attributable to cold weather! I expect Q1 real GDP growth to be around 1%, and the same for Q2. […] Read the rest of this entry