The Palos Perspective: A Reality Check on Trump’s Trifecta
Based on bold promises that Trump and his acolytes will be able to fix the economy and bring robust growth by unshackling the business sector
Based on bold promises that Trump and his acolytes will be able to fix the economy and bring robust growth by unshackling the business sector
A scarcity of high ranking economic reports and the advent of Memorial Day should have made this week listless. The focus was on the housing
Growth Decelerated: On Thursday last, the Commerce Department reported that the U.S. economy had grown at the annual rate of 1.6%, significantly less than the
As a rule, the Fed and the economy are asymmetric to exogenous geopolitical shocks, unless they lead abruptly to a steep rise in energy costs,
It is now clear that the pace of disinflation has stalled, with the headline and core CPI still up 3.5% and 3.8% respectively year-on-year in
Bond traders have marked down drastically monetary policy easing by the Federal Reserve, setting the odds of a first move in June below 50%, while
The S&P 500 powered to a succession of 21 new record highs over the past 3 months, producing a 10.2% quarterly gain and hitting a
Sessions of geopolitical turmoil or domestic political strife usually do not derail the path of the economy or upset the flow of investment money, unless
Sessions of geopolitical turmoil or domestic political strife usually do not derail the path of the economy or upset the flow of investment money, unless
Sessions of geopolitical turmoil or domestic political strife usually do not derail the path of the economy or upset the flow of investment money, unless
I’m a happy camper because everything is copacetic. Employment is doing fine, inflation is moderating, productivity is rising and the stock market is hitting record
The Wednesday release of the January FOMC minutes was not on the top of my mind because I was pretty sure that the policymakers were
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