{"id":86220,"date":"2020-09-21T14:39:11","date_gmt":"2020-09-21T14:39:11","guid":{"rendered":"https:\/\/funds.palos.ca\/issue-40-can-the-fed-manufacture-the-desired-outcome\/"},"modified":"2020-09-21T14:39:42","modified_gmt":"2020-09-21T14:39:42","slug":"issue-40-can-the-fed-manufacture-the-desired-outcome","status":"publish","type":"post","link":"https:\/\/funds.palos.ca\/fr\/issue-40-can-the-fed-manufacture-the-desired-outcome\/","title":{"rendered":"Issue 40 &#8211; Can the Fed Manufacture the Desired Outcome?"},"content":{"rendered":"<p><strong>What Happened In the Week Ended September 18, 2020:<\/strong><\/p>\n<p>The stock market made good gains in the earlier part of the week as macroeconomic prints continued to show that the economy was recovering, albeit at a slower pace. The Citi Economic Surprise index showed data coming ahead of expectations. The week was marked with rising retail sales, industrial production, consumer sentiment and leading economic indicators. The Atlanta Fed\u2019s GDPNow model (saar) estimate for GDP growth in the 3rd quarter of 2020 ticked up again this week to 32.0%. On July 27, the estimate was only 12%. The September zeitgeist as revealed by the latest edition of BofA\u2019s Global Fund Manager survey, showed that 58% of respondents believed that we are currently in a bull market compared to only 25% in May, 37% in June, 40% in July, and 46% in August. While the survey suggests that the economy has not escaped velocity, it insisted that the economy was in an early-cycle phase.<\/p>\n<p>&nbsp;<\/p>\n<p>Follow us on: <a href=\"https:\/\/www.linkedin.com\/company\/palos-management-inc.\/\"><strong>LinkedIn<\/strong><\/a><\/p>\n<p>&nbsp;<\/p>\n<p><span style=\"color: #000000;\">By Hubert Marleau<\/span><\/p>\n<p><strong><span style=\"color: #000080;\"><a style=\"color: #000080;\" href=\"https:\/\/funds.palos.ca\/wp-content\/uploads\/2020\/09\/Macro_View_092120.pdf\">Continue Reading in PDF<\/a><\/span><\/strong><\/p>\n<p><span style=\"color: #000000;\">By Hubert Marleau<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>What Happened In the Week Ended September 18, 2020: The stock market made good gains in the earlier part of the week as macroeconomic prints continued to show that the economy was recovering, albeit at a slower pace. The Citi Economic Surprise index showed data coming ahead of expectations. The week was marked with rising &hellip;<\/p>\n<p class=\"read-more\"> <a class=\"\" href=\"https:\/\/funds.palos.ca\/fr\/issue-40-can-the-fed-manufacture-the-desired-outcome\/\"> <span class=\"screen-reader-text\">Issue 40 &#8211; Can the Fed Manufacture the Desired Outcome?<\/span> Lire la suite\u00a0\u00bb<\/a><\/p>\n","protected":false},"author":11,"featured_media":86208,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[31],"tags":[],"_links":{"self":[{"href":"https:\/\/funds.palos.ca\/fr\/wp-json\/wp\/v2\/posts\/86220"}],"collection":[{"href":"https:\/\/funds.palos.ca\/fr\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/funds.palos.ca\/fr\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/funds.palos.ca\/fr\/wp-json\/wp\/v2\/users\/11"}],"replies":[{"embeddable":true,"href":"https:\/\/funds.palos.ca\/fr\/wp-json\/wp\/v2\/comments?post=86220"}],"version-history":[{"count":0,"href":"https:\/\/funds.palos.ca\/fr\/wp-json\/wp\/v2\/posts\/86220\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/funds.palos.ca\/fr\/wp-json\/wp\/v2\/media\/86208"}],"wp:attachment":[{"href":"https:\/\/funds.palos.ca\/fr\/wp-json\/wp\/v2\/media?parent=86220"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/funds.palos.ca\/fr\/wp-json\/wp\/v2\/categories?post=86220"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/funds.palos.ca\/fr\/wp-json\/wp\/v2\/tags?post=86220"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}