10/18/2019
We will learn a lot more about the economy and the Fed’s policy stance in a short 3-day window at the end of this month – our first look at third quarter GDP growth on Wednesday morning, October 30, followed a few hours later by the Fed’s latest interest rate decision, and on Friday by the employment data for October which will give us a peek into how the fourth quarter is beginning. In the wake of all that news we are likely to conclude that the economy is not in danger of slipping into recession any time soon, and that the Fed’s recent rate cutting initiative has come to an end.
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Data May Lift the Veil of Pessimism by sslifer | Oct 18, 2019 | Commentary for the Week, NumberNomics Notes | 0 comments October 18, 2019 We will learn a lot more about the economy and the Fed’s policy stance in a short 3-day window at the end of this month – our first look at third quarter GDP ...
