Based on past readings the Cleveland Fed says the current environment is consistent with 1% growth in real GDP:“Projecting forward using past values of the [yield curve] spread and GDP growth suggests that real GDP will grow at about a 1.0 percent rate over the next year, the same projection as in October and September. Although the time horizons do not match exactly, this comes in on the more pessimistic side of other forecasts, although, like them, it does show moderate growth for the year.”
Can inflation be a problem in this environment?
George Dagnino, PhD
Editor, The Peter Dag Portfolio. Since 1977
Ranked second best gold timer by Timer Digest
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