GDP Grew at 4.9%, Are We At Peak GDP?
The BEA reports that GDP grew at 4.9% and it begs the question if we are at peak GDP for the next few years, more on that later. Real gross…
Fed’s Preferred Inflation Measure Higher
The BEA released the Fed’s preferred measure of inflation and it’s not good. From the BEA: Personal income increased $45.0 billion (0.2 percent at a monthly rate) in July, according…