Tag Archives: tax cuts and consumer spending

1st Quarter GDP Growth Disappoints And Non-Farm Payrolls Surprise To The Upside…Imagine That, The Forecasts Were Wrong!

Citigroup Economic Surprise Index

In the past the Hallmark Abstract Service blog has opined on the professionals whose job it is to forecast a variety of different outcomes whether economic or something else, and for better or worse the tendency for them to miss the mark that they have predicted! The article ‘Predicting The Weather, Mortgage Rates, Commodity Prices Or Most Anything Else Is […]

Talking Heads, Politicians, Economists and Fund Managers Tout Tax Cuts, Increased Consumer Spending And U.S. Economic Growth Of 3%-4%!

empty pockets photo

But, What If All Of These ‘Experts’ Are Wrong? Many point to the fact that 3%-4% U.S. (or even better) GDP growth may be just around the corner. Some wholeheartedly believe it while others may be somewhat skeptical. For them, however, having it occur would be beneficial to their clients and ultimately them. But at the same […]