Economic Forecasters Keep Getting It Wrong

Despite the word on the street, we’re not in an economic boom. This according to a recent article in The New York Times. “The economy has been mired in an extended funk since the financial crisis ended in 2010. G.D.P growth still has not reached 3 percent in any year, and 3 percent isn’t a very high bar,” writes columnist David Leonhardt. He offers data showing that the economy keeps performing more poorly than experts… Read More

5 Potential Market Scenarios for Investors to Consider

As the S&P continues to hover at record high levels, the question remains as to how long it can continue. In a recent article for Forbes, Jurrien Timmer, Director of Global Macro at Fidelity Investments, outlines what he sees as five potential market scenarios down the road: Secular stagnation: The status quo—”a continuation of the slow-growth, low-inflation regime that has been in place since the global financial crisis ended.” Deglobalization: Post-Brexit, Timmer sees potential for… Read More