Here's the thing. People keep talking about the Fed Exit, and the economy achieving escape velocity, and the jobs market returning to normal. But a lot of the data just isn't that impressive. For the second quarter, for example, a lot of the estimates are for growth under 1%. This morning, Ben Casselman at WSJ takes a look at some of the weak US growth numbers: There also are signs that consumers--whose spending has helped prop up the economy for much of the past year--are beginning to tighten t...
Here's the thing. People keep talking about the Fed Exit, and the economy achieving escape velocity, and the jobs market returning to normal. But a lot of the data just isn't that impressive. For the second quarter, for example, a lot of the estimates are for growth under 1%. This morning, Ben Casselman at WSJ takes a look at some of the weak US growth numbers: There also are signs that consumers--whose spending has helped prop up the economy for much of the past year--are beginning to tighten t...
Share this Article
Comment on this Article
Recommended
Please to comment