Fritz Meyer Economic Update, May 2019

The latest economic data suggests that a recession clearly isn't in the cards any time soon, making it highly likely that this expansion, now at 119 months, will surpass the record 120 months. And equally likely, given negative unit labor costs arising from booming productivity, is that inflation isn't likely to present the Fed with a reason to raise rates for the foreseeable future.

Meanwhile, the S&P 500 is trading right at fair value, which means stocks could be expected to trend gradually higher between now and year-end if the economic and earnings expansion continue in line with the consensus forecasts.

In this month's session, Fritz will discuss this significant latest economic data, the flat yield curve, bond yields, inflation, household balance sheets and the federal deficit and debt.
 
 

An average of 90 professionals monthly over the last year gave Fritz's CE webinars an average rating of 4.9-stars.


To collaborate with Fritz deeply, request a This email address is being protected from spambots. You need JavaScript enabled to view it..

Fritz was the strategist at one of the world's largest investment companies for over a decade, before going independent and becoming a popular monthly presenter on A4A in 2011. He's not affiliated with any products, political party, or school of economic thought. Fritz's pragmatic analysis earns his presentations 4.8-star ratings monthly.