Posts Tagged ‘tame inflation’
Taper Tiger
Given the government closure and resulting lack of economic data, the fact that Q3 GDP growth will be below 2% and that inflation remains very tame, virtually guarantees that tapering will not commence following the conclusion of the late October Fed interest rate setting meeting. Now with the formal nomination of Janet Yellen for the…
Read MoreWeek in Review
Small business became much more pessimistic in November with the major small business index tumbling 5.6 points, the steepest one-month decline in history! Consumers are slightly more optimistic with retail sales climbing 0.3% in November, offsetting the 0.3% decline in October. Elsewhere, inflation is in check at the headline, intermediate, and crude stages and industrial…
Read More