Will the economy over the rest of the year top the results of the first half?
Question: Will the economy over the rest of the year top the results of the first half?
Bob’s Answer: Yes
Interest rates are still low by historical standards, the recovery from 2010-2016 was not particularly robust and tax reform and repatriation of funds remain available to us. Debt and equity are both readily available and outside on an external “event,” we have growing business conditions ahead this year, according to the Institute of Supply Management.
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Ergo, we will grow GDP toward 3 percent this summer and end with a better second half than first half.
