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Economic Outlook: Archive

John Blank

Once Upon a Time, When Interest Rates Were Above Zero...

The beginning of 2018 marked a brief time period in Interest Rate Land. Interest rates along the U.S. Treasury yield curve were inching higher, and the benchmark 10-year yield was manifesting itself above 3.0%.

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John Blank

U.S. Recession: Are We There Yet? Are We There Yet?

The latest Fed rate cut, the inversion of the U.S. Treasury yield curve and many other leading economic indicators are pointing in one direction only. It appears to be only a matter of time when we get there: a recession.

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John Blank

Fed Rate Cut: Policy Blunder or Strategic Prudence?

One might argue U.S. macro data is right where it should be. Thus, a key question emerges, to critiquing these macroeconomic times: Does an interest rate cut at this stage make sense?

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John Blank

Fed Rate Cut: Policy Blunder or Strategic Prudence?

One might argue U.S. macro data is right where it should be. Thus, a key question emerges, to critiquing these macroeconomic times: Does an interest rate cut at this stage make sense?

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John Blank

Trade War: Are We There Yet (Or Still Sabre-Rattling)?

Given recent developments, one might wonder -- how concerned should investors be? Will all of this ultimately be just noise?

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John Blank

Has the U.S. Economy Shaken Off Recession Concerns?

U.S. quarterly GDP growth rates continue to surprise on the upside. This is leading perma-bear forecasters to push the recession's ETA further into the future.

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John Blank

U.S. Economy: Just Slowing Down or Stalling?

Zacks Economists expect 2019 and 2020 to be characterized by a subdued and moderate -- but steady -- growth path, close to 2.0%.

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John Blank

Q4 GDP Growth at 2.6%, Better than Expected

While weaker than what we forecast (without amending), this is still a robust quarterly growth rate.

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John Blank

Is the Fed Done Raising Rates?

As the FOMC were in the process of reversing multiple years of near zero interest rates, the path back to rate 'normalization' was communicated relatively clearly to the public.

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John Blank

Is the Fed Done Raising Rates?

As the FOMC were in the process of reversing multiple years of near zero interest rates, the path back to rate 'normalization' was communicated relatively clearly to the public.

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John Blank

Is the Fed Done Raising Rates?

As the FOMC were in the process of reversing multiple years of near zero interest rates, the path back to rate 'normalization' was communicated relatively clearly to the public.

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John Blank

Key Themes to Follow Closely in 2019

We acknowledge valid uncertainties around trade wars and rising interest rates. Yet there are solid economic fundamentals across the board.

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John Blank

The Rodney Dangerfield Economy Persists

It still "can't get no respect" from the stock market. Zacks Chief Strategist John Blank explains.

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John Blank

Is 3%+ GDP Growth Sustainable, or Have We Peaked?

Proponents of the recent the economic courses of action argue the latest numbers are evidence of well-designed policies. Opponents question their sustainability.

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John Blank

Fed Drops 'Accommodative' from Verbiage

This indicates we might be close to its 'neutral' rate. Where do we go from here?

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John Blank

Do Deficits Matter?

July marked the biggest increase in the U.S. trade deficit in 3 years. This occurred as the domestic economy continues to grow stronger, while demand abroad has weakened.

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John Blank

Do Deficits Matter?

July marked the biggest increase in the U.S. trade deficit in 3 years. This occurred as the domestic economy continues to grow stronger, while demand abroad has weakened.

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Mark Vickery

U.S. GDP Growth for Q2 Clocks in at 4.1%

Is this the new normal, or is there a fly in the ointment?

John Blank

What Do 'Normal' Interest Rates Look Like?

Is it a Fed Funds rate close to the real neutral interest rate, now at 2.9%, is it an unemployment rate close to the NAIRU, or is it something else?

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John Blank

Is the Phillips Curve the 'Loch Ness Monster' of Macroeconomics?

Is the inverse data relationship between higher consumer inflation as a consequence of a lower overall unemployment rate actually as robust as assumed?

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John Blank

Are Higher Interest Rates a Threat to the Market?

Interest rates increase, stock markets decline and recession follows... is it that simple?

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John Blank

Corporate Leverage: A Catalyst for the Next Downturn or Just Fuel to the Fire?

During this prolonged period of low interest rates, U.S. corporate debt has increased to levels above those seen prior to the financial crisis in 2008.

John Blank

Have Reports on the Death of Low Inflation Been Greatly Exaggerated?

Most -10% stock market corrections like this last 2 months. So buckle your seatbelt until April.

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John Blank

Economy Maintains Momentum, Though Inflation Stays Elusive

The double-digit growth driver within this fully employed part of the cycle is investment spending by U.S. rms.

John Blank

Economic Outlook for 2018: Will the Goldilocks Scenario Persist?

2017 was characterized by a rare occurrence of solid economic growth with a tightening labor market below the level of natural employment.