Tag Archives | economic outlook
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Don’t Fear The Rate Hike

Odds are that the Federal Reserve will raise rates tomorrow afternoon by another quarter point (0.25%) in response to improving economic conditions and a robust job market. Wall Street is eyeing three or four rate hikes in total in 2017, although 2015 and 2016 estimates for multiple increases proved wide of the mark. For that reason, it’s best to […]

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Rising Rates Ahead, But No Reason For Fear

It’s about time. When the Federal Reserve meets December 13-14, we expect them to raise interest rates one quarter point (0.25%). Many economists feel the rate hike is long overdue. By raising rates, the Fed can show confidence in improving U.S. economic conditions and a strengthening economy. Here’s some key points to keep in mind regarding a […]

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Surging Car Sales: Some Good News on the Economy

It’s not all gloom and doom on the economic front. One bright spot is a healthy rebound in new auto sales.  U.S. auto sales jumped 22 percent in June.  In 2011, new auto sales were running in the range of 11 million units per year.  Now, they total over 14 million. What’s behind the sales growth?  It […]

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