Monday, April 18, 2011

US Economy Ahead

We will conclude our last exercise. Clients were alerted up front that forecasters (who were all looking in the other direction) would in fact trim their US GDP estimates, tagged to oil. That has occurred. Thank you very much.

Better not to linger, but get on to the next.

The next exercise is to again isolate any major flaw in consensus regarding the US economy ahead. When we can do that our clients have a leg up as to market change over the near to intermediate term. We don’t provide the Holy Grail, but with a sense of the landscape ahead, our clients are better prepared than most. It’s then up to them.


Robert Craven

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