Strategas Insight: Here’s to Ten More Years
Throughout the second half of last year, we highlighted a growing concern over the double-barreled risk of potential policy errors on both monetary and trade fronts. Indeed, data in 1Q2019 has softened. The Atlanta Federal Reserve’s (the Fed) GDPNow tracker of US gross domestic product (GDP) remains low, at 0.40% quarter/quarter annual rate for the quarter, and the package of weak US economic indicators continues to mount.
Read the full commentary for insight on the effects of the Fed's pivot to lower rates.
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