Tags: Fed

Fed’s Williams: Get Used to Sub 2% GDP Growth, Meaningless Fiscal Stimulus and Higher Interest Rates

In a CNBC interview today with San Fransicko's Fed Williams, we heard several things that have been repeated ad nauseam by the establishment elite. Get used to very weak GDP growth — thanks to lack of investment and productivity. Trump's fiscal stimulus, although inspirational, won't move the needle all that much.  We're at full employment, despite the…

“Blind Faith” Has Ended: The World Is A Complicated Place (And Getting More So)

"I’ve got news for you," warns Bloomberg's Richard Breslow, the world is a complicated place and getting more so, not less… This is not your happy, some would say mind-numbing, environment where the only thing that ultimately mattered was blind faith in the global commitment of central banks to “do whatever it takes”. It will…

Wall Street Reacts To The FOMC Minutes: “It’s All About Trump”

With the dust settling on the December FOMC Minutes, the one recurring theme, even though he wasn't explicitly named, was Donald Trump and specifically the still "uncertain" impact his fiscal policies will have on the economy. As a result, almost all Fed members saw increased upside risks to their growth forecasts stemming from what are…

Morgan Stanley Warns to Sell the Inauguration While Greatly Increasing 2018 Earnings Forecast

Morgan Stanley is out with a helter skelter note of caution on markets, warning investors to sell the Trump inauguration while upping earnings estimates by 18% for 2018 — citing material upside in earnings and multiple contraction.   Plainly, if what Morgan Stanley says comes to fruition, stocks should trade higher on the backs of…