Bi-Weekly Economic Review: Recent Episodes
Alhambra Investments
Is the economy on the verge of a recession? Or a boom? Or something in between? What did that employment report really mean? Investors are faced with a blizzard of economic data, most of it hard to interpret. How do you know what really matters and what can safely be ignored? Every two weeks, Wall Street veteran Joe Calhoun cuts through the fog of statistics and zeroes in on the important reports and market indicators.
The economy ended 2017 with current growth just slightly above trend. In general the reports of the last two weeks of the year were pretty good with housing a standout performer going into the new year.