QE Did Not Build the iWatch
The world has become central bank centric. And in all of this focus, they have forgotten the entrepreneur.
Yes, we had a weak first quarter. But April data is showing signs of stronger growth in Q2.
We remain in the June camp for a small Fed rate hike. It won’t make the Fed tight, just less loose.
by Brian S. Wesbury, Chief Economist, First Trust
Note: We are happy to provide this perspective from First Trust for a couple of reasons – it makes sense to us and it usually takes a much different point of view from the main stream media reporting. It’s important that you know there are other takes on what’s happening in our economy and around the world. We hope you enjoy it. Charles Scott, Pelleton Capital Management.