It’s Not The Downside, Where’s The Upside?

By |2017-06-27T12:04:24-04:00June 27th, 2017|Currencies, Economy, Federal Reserve/Monetary Policy, Markets|

The IMF like so many others appears to have been caught up in “reflation.” Its models had in its April 2017 WEO outlook upgraded US growth prospects for the first time in a long time. In their final 2016 WEO, the institute projected US real GDP growth of 2.20% for calendar year 2017, and then just 2.10% for calendar year [...]