The WSJ bets on Red & Black!

In “Economists’ Forecast: Here We Grow Again”:

After a rough start to the year, economists are counting on the U.S. to bounce back in 2015 much like it did in 2014.

In “Fading Optimism on Rebound”:

Federal Reserve staffers and private sector economists are becoming increasingly glum about the prospect that the U.S. economy will rebound strongly in the second half of 2015 after a shaky start to the year.

And then there´s the Atlanta Fed Nowcast:

Red&Black

3 thoughts on “The WSJ bets on Red & Black!

  1. And so… you’d think that the Fed would do a double take on the wisdom of that reverse repo for the world that it started in late November. But according to Reuters, it did MORE last week than the week before, which was more than the week before that. I wonder how those people think they can shrink the base without the effects of shrinking the base. But gosh darn it, the balance sheet is just causing all kinds of problems… Not to mention that they failed completely to foresee that the lower oil prices would be offset by more unemployment in related industries. Why can’t they just do NGDPLT and let us all get on with life?

  2. And so… you’d think that the Fed would do a double take on the wisdom of that reverse repo for the world that it started in late November. But according to Reuters, it did MORE last week than the week before, which was more than the week before that. I wonder how those people think they can shrink the base without the effects of shrinking the base. But gosh darn it, the balance sheet is just causing all kinds of problems… Not to mention that they failed completely to foresee that the lower oil prices would be offset by more unemployment in related industries. Why can’t they just do NGDPLT and let us all get on with life?

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