So how fast is the economy really growing? Estimates for growth in gross domestic product (GDP) for the second quarter of 2018 range from 3.8% to 4.8%, but the Bureau…
The Year of “May”
We’re well into January, but 2014 demanded a bit of reflection before commenting. Was it a good year or a bad year? We still don’t know. We’re calling it the…
QE RIP
So the Federal Reserve Board has made it official. This is the end of quantitative easing. It’s quits for QE. Bond buying has gone bye bye. Quantitative easing has been…
Repeat After Me: The Economy Is Improving. The Economy Is Improving.
If you repeat something often enough, you may even start to believe it. So try this phrase: “The economy is improving. The economy is improving. The economy is improving.” Certainly,…