The U.S. Economy (GDP) is breaking down as European inflation is breaking out. The Federal Reserve easing monetary policy and European Central Bank tightening monetary policy is not the policy divergence markets expect! (EuroStoxx 50 Index, Dax Index, CAC 40 Index, SPDR S&P 500 Index ETF (SPY), SPDR Dow Jones Industrial Average ETF (DIA))
May 2, 2017
May 1, 2017
Weakest Economic Growth in 3 Years!
First quarter GDP growth was the the weakest in 3 years for the first quarter. Why is GDP growth so weak? Well, one reason is because the Federal Reserve raised interest rates even though they barely raised them. Imagine how deep of a recession we would have if the Federal Reserve had delivered the 3 or 4 interest rate hikes in 2016!
Subscribe to:
Posts (Atom)