Slower GDP Growth Surprised Analysts (But Not Us)
by Gary Alexander April 30, 2024 At the beginning of this month (in “Is the U.S. Economy Really Growing at 3.4%?” Growth Mail, April 2, 2024), I made the case that the economy was slowing down. In coming to that conclusion, I consulted the little-followed,...
The Case of the Disappearing Rate Cuts
by Ivan Martchev April 30, 2024 Two weeks ago, Fed Chair Jerome Powell let it be known that he had no confidence to cut rates with the present data, and last week’s inflation releases surely did not give him any reassurance that the inflation outlook was moving in the...
Selling is a Bull Market’s “Pressure Release Valve”
by Jason Bodner April 30, 2024 Pressure cookers have been around since 1679. The theory is that increased pressure raises cooking temperatures more than normal atmospheric pressures. This results in much more efficient cooking. But if the pressure is not safely...