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  • U.S. Consumer Sentiment Firms on Best Financial View Since 2004

    From bloomberg.com

    U.S. consumer sentiment improved slightly in July, holding close to the best level in more than a decade as more Americans grew optimistic about their future financial prospects. The University of Michigan's preliminary sentiment index edged up to 98.4 from 98.2 in June, according to data released Friday that were about in line with forecasts. The gauge has held within a 2.8-point range for the past five months. The expectations index climbed slightly while the gauge of current conditions cooled. Key Insights • Unemployment near a half-century low and fresh stock-market highs are helping to underpin consumer ... (full story)

Doesn't seem like a headline you would read in an economy that requires more rate cuts and QE
Quoting smctrader
Doesn't seem like a headline you would read in an economy that requires more rate cuts and QE
Depends upon your definition.....

The USA economy is doing well now - BUT with a rate cut it would do even BETTER.

For too long most central banks play catch-up; they wait until a country goes into recession before cutting rates or they raise rates too far and too fast - ask Alan Greenburg.
Quoting fxsport
{quote} Depends upon your definition..... The USA economy is doing well now - BUT with a rate cut it would do even BETTER. For too long most central banks play catch-up; they wait until a country goes into recession before cutting rates or they raise rates too far and too fast - ask Alan Greenburg.
hey how you did know that Economy USA is doing well ?
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    I like NY Fed President Williams first statement much better than his second

    From @realDonaldTrump|Jul 19, 2019|28 comments

    tweet at 9:38am: I like New York Fed President John Williams first statement much better than his second. His first statement is 100% correct in that the Fed “raised” far too fast & too early. Also must stop with the crazy quantitative tightening. We are in a World competition, & winning big,... tweet at 9:38am: ....but it is no thanks to the Federal Reserve. Had they not acted so fast and “so much,” we would be doing even better than we are doing right now. This is our chance to build unparalleled wealth and success for the U.S., GROWTH, which would greatly reduce % debt. Don’t blow it! tweet at 9:42am: ....Fed: There is almost no inflation!

    Europe is sleepwalking its way to another lost decade

    From cnn.com|Jul 19, 2019|1 comment

    video Europe just endured one decade of economic stagnation. If it doesn't act soon, it could face another. Ten years after the global financial crisis, Europe's economy has ...

    The Case for a Fiscal Fed

    From project-syndicate.org|Jul 19, 2019

    Like storm clouds on the horizon, signs of a global economic slowdown are gathering ominously. In the United States, the sugar high generated by President Donald Trump’s massive ...

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