In life we deal with opposites and opposing forces every day, hot/cold, positive/negative and so on. In the financial markets it is much the same. Global activity is poised to benefit from strengthened balance sheets in developed markets, less uncertainty and lower inflation. On one opposite end stands the Fed. If growth and hiring continue… Continue reading Tailwinds
Tag: construction spending
The Color of Money
Economists have a full palette of colors to paint any economic picture they desire. The markets seem to be happy right now, with less red going into the picture. Our basic economic palette consists of housing, employment and corporate earnings which all have moderated, but they do not show signs of deteriorating further and remain… Continue reading The Color of Money