GDP Surprises Analysts

GDP Surprises Analysts

The lede, from MarketWatch.com:    GDP Surprise Chalked Up To Unexpected Consumer Spending During Shutdown, Research and Development Growth. More:    “At a 2.6% gain, fourth quarter GDP was a welcome upside surprise, and further cast doubt on the veracity of the weak...
Bonds Look Toppy

Bonds Look Toppy

Bonds have backed off quite a bit from the highs of the week.  This morning’s solid GDP numbers are certainly adding selling pressure.  The IEF(iShares Barclays 7-10 Year Treasury Bond Fund) is tracing out a key downside reversal on the weekly chart.  The...
Eight Months To Go

Eight Months To Go

At 113 months old the current U.S. Economic Expansion is on the doorstep of setting a new all time record.  Note the sub par GDP performance during the 2009-2018 run.  Interesting… Great chart from Charlie Bilello

American Prosperity Reaches A Turning Point

Arthur Laffer begins:  Gross domestic product, or GDP, is the measure of choice when assessing the health of any economy, especially in the United States. GDP, which is measured at annual rates, includes the value of production of all goods and services produced in a...
Atlanta Fed Boosts GDP Forcast

Atlanta Fed Boosts GDP Forcast

The U.S. economy is expanding at a 4.8 percent annualized rate in the second quarter, the Atlanta Federal Reserve’s GDPNow forecast model showed on Friday. More from GDPNow:   The GDPNow model estimate for real GDP growth (seasonally adjusted annual rate) in the...