zerohedge.com / by Steven Hansen via StockBoardAsset.com / Sep 11, 2017 11:24 AM
When some think of the economy, they think of GDP. When I think of the economy, I try to visualize the average Joe and how he or she is doing.
According to Federal Reserve Governor Lael Brainard:
Overall, the U.S. economy remains on solid footing, against the backdrop of the first synchronized global economic growth we have seen in many years and accommodative financial conditions.
This benign outlook is clouded somewhat by uncertainty about government funding and the fiscal outlook, and geostrategic risk has risen ….. Of course, the likely economic effects of Hurricane Harvey raise uncertainties about the economic outlook for the remainder of the year.
Yes, employment seems to be improving (I look at employment-population ratios) – although it remains far from excellent
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