As rosy as the economic data seems, there's still some pretty serious questions hanging over this economy.
Donald Trump whined about the Federal Reserve doing what it has to do to cut off rising inflation rates...
There are a lot of things that look good in the last few quarters, and growth remains solid, particularly if the 3.5% preliminary GDP growth rate holds through revisions, but there are still some nagging doubts that won't go away.
While the economy continues to churn along even into 2018, well beyond what I had predicted, two recent events indicate that the gravy train may finally be coming to a long overdue halt.
With the end of easy money, and the Federal Reserve looking to balance their books, there may be a tightening of capital in the very near future as that $4.5 trillion tab gets cleared.
With the election upcoming, we've no choice but to wait and see if the bubble economy bursts before or after the election.
There are three big reports on the economy to talk about this month, including the latest Federal Reserve meeting which occurred in the mid-March. Let's get straight to the latest release from the Bureau of Economic Analysis. Real gross domestic product .. increased at an annual rate of 1.4 percent in the fourth quarter of... Continue Reading →