Pessimism has rapidly infiltrated Main Street’s outlook, according to the Federal Reserve’s Fed) latest edition of the Beige Book.
Weekly Economic Commentary
As the U.S. stock rally’s double-digit birthday nears, we’ve reflected a lot on the durability of he current economic cycle.
We don’t expect a U.S. economic recession this year for several reasons, many of which we outlined in our Outlook 2019.
The United States has weathered a 35-day government shutdown, global data have deteriorated further, trade headlines continue to dominate the news…
Sentiment’s swift decline has caused some to wonder if a drop in confidence could be self-fulfilling, as lower confidence could weigh on consumer spending, and consequently, on output.