“Fading” Fiscal Stimulus; Really? Fed Chair Jerome Powell and others have started a new narrative about economic “headwinds.” They think past rate hikes, slower foreign growth, and “fading fiscal stimulus” should slow the Fed’s rate hikes. But is fiscal stimulus really fading?
Tag Archives: GDP Growth
2018: Dow 28,500, S&P 3,100. Please note a disclaimer from me, Charles Scott. I’m posting this despite the fact that I really don’t like predictions of the future, no matter how in depth the thought behind those predictions are. Having said that, here’s what First Trust sees for the year ahead….
Unfortunately, Still a Plow Horse. Yes, Friday’s report of the Q2 real GDP growth rate was a little faster than average, but, with one exception, it remains the same Plow Horse it’s been for the past eight years.