By Richard Frankel
Overview:
- Recession Determinants: We are not currently in, nor are we headed toward, a recession.
- GDP: We are unlikely to see GDP growth of over 1.5% over the next few years.
- Inflation: CPI is below its 50-year average – albeit above the Fed’s 2% target.
- Consumer Sentiment: Consumer sentiment is rising, but stands well below 100, meaning people are not optimistic about current economic conditions.
This is a snapshot view the full Economic Commentary below.
