The positive economic outlook for the 3rd quarter also warns of slowing growth. Gregory Hahn of Winthrop Capital Management offers his views on what to expect. Economists, money managers, and strategists share his outlook, according to the new CNBC Fed Survey. Steve Liesman explains why a cloud hangs over the current forecasts. At present, though, researchers at the Conference Board report that consumer confidence is up. Their optimism may be tied to the job market, as unemployment hovers at 4 percent.
2018 3Q Economic Capital Market Outlook– The domestic economy is functioning as well as any period since 2007, however we expect economic growth to slow next year. The current economic expansion, which began in 2009, is now the second longest expansion on record. It appears we are in the sweet spot for the U.S. economy; however, cross winds are beginning to mitigate future growth prospects. Gregory Hahn of Winthrop Capital Management explains in this article. Read more…
Tariffs Threaten The Strong Economic Growth And The Expected Market Returns: CNBC Fed Survey– Respondents to the CNBC Fed Survey foresee good times for the economy and the stock market, but they have put an asterisk next to those predictions because of growing concerns over a trade war and monetary policy. Read more…
US Consumer Confidence Edges Up In July– Americans were a bit more confident about the economy in July, but their expectations for the near future dimmed slightly.The Conference Board, a business research group, said Tuesday that its consumer confidence index rose to 127.4 this month from 127.1 in June. Read more…
John R. Day, Bill Ennis, Stephanie Hall and Matt Heller