GDP Now Forecast

Campaign Promises Scrapped; Nothing Has Changed

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Reading Time: 4 minutes This article will review the shortened week the markets had. The stock market had a rough week as the S&P 500 was down 1.21%. The ten-year bond yield had a sharp decline from 2.3822% to 2.2374%. The dollar index fell modestly from $101.18 to $100.48. It was certainly a week…CONTINUE READING

Credit Card Debt Highest Since 2008

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Reading Time: 4 minutes President Trump made a bold official promise of 4% GDP growth per year: “To get the economy back on track, President Trump has outlined a bold plan to create 25 million new American jobs in the next decade and return to 4 percent annual economic growth,” reads the White House…CONTINUE READING

The Federal Reserve Bank Is Following, Not Leading

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Reading Time: 4 minutes There is a prevailing belief that the Federal Reserve forecasts the economy accurately, which is why every word from Federal Reserve officials moves markets and is very critically examined. Previously we mentioned how some of the Federal Reserve assumptions about inflation and unemployment are inaccurate. It’s important to correct the inaccuracies…CONTINUE READING