There is a highly anticipated Fed central rate bank coming in March or later so the conventional wisdom seems to be that it will “kill” the economy but looking at the latest batch of data from U.S. Census Bureau Economic Indicators, we just don’t see a recession.
Here are just a few snapshots:
There is plenty more data and a great deal of it appears positive however there are always potential negative factors such as covid illness, labor shortages, weather disruptions, etc. so we’ll need to wait and see if any of these have an impact.
But don’t confuse positive economic data with the stock market. We do expect the stock market to make a correction when the Fed raises rates if not sooner and we’ll be ready to pounce on our investment picks.
Stay tuned and stay solvent.