Markets and Stocks I remain positive on equities but obviously the market is undergoing a period of indigestion. Omicron threw rotten eggs into the stomach of the economy. Retail sales for December were soft. See below. The Atlanta Fed lowered its forecast for Q4 GDP from 7 percent plus to 5 percent. But economists continue to look for above average economic growth with inflation, the Fed policy response and UKRAINE as the wild cards.
January 16
January 16
January 16
Markets and Stocks I remain positive on equities but obviously the market is undergoing a period of indigestion. Omicron threw rotten eggs into the stomach of the economy. Retail sales for December were soft. See below. The Atlanta Fed lowered its forecast for Q4 GDP from 7 percent plus to 5 percent. But economists continue to look for above average economic growth with inflation, the Fed policy response and UKRAINE as the wild cards.