We need to put to bed once and for all the notion the Fed is ahead of things and set rates to lead the market. It simply follows the market’s lead…..
Author: ToddSullivan
Categories
Economies Drive Markets
Some of Davidson’s best work….
Categories
Private GDP Continues It’s Rise
GDP came in at 3% today despite two hurricanes……..that means we ought to see Q4 above 3% also as reconstruction begins. It’ll be the first time we’ve seen 3% plus growth for three consecutive quarters since before the financial crisis.