Ending The Fed’s Drug Problem

By |2017-03-30T18:07:07-04:00March 30th, 2017|Currencies, Economy, Federal Reserve/Monetary Policy, Markets|

Gross Domestic Product was revised slightly higher for Q4 2016, which is to say it wasn’t meaningfully different. At 2.05842%, real GDP projects output growing for one quarter close to its projected potential, a less than desirable result. It is fashionable of late to discuss 2% or 2.1% as if these are good numbers consistent with a healthy economy. This [...]