All Posts Tagged: fiscal policy
Investors are working overtime to divine not only the Federal Reserve’s next move, but how many more rate hikes we are likely to see in this cycle.
For more on this, see highlights of my report below, followed by a link to the full U.S. Outlook, delivered on Nov. 16.Key observations:
- My forecast: We are expecting three more quarter-point rate hikes by the middle of 2019 and then a pause.
- The Fed’s record of achieving a soft landing for the economy after an interest-rate tightening cycle isn’t all that good.
- We have the FOMC starting to cut interest rates again by 2020 — a full nine months after the committee pauses.
NOTE: There will not be a U.S. Outlook next week; it will return on Nov. 30. Happy Thanksgiving!Read More ›
There are many risks to contend with — besides the two dominating the most recent news headlines.Read More ›
The trade relationship between the U.S. and its largest trading partner is being reshaped.Read More ›
Major asset classes posted stellar results for investors in 2016, with the vast majority ending in positive territory.Read More ›