Edward Jones’ Post

The global economy and inflation are both trending well as 2024 begins. While some noteworthy risks loom, the U.S. economy appears headed for a soft landing and further steady growth. The multiple rate cuts predicted by the Federal Reserve this year promise to provide an additional tailwind for the economy, consumers and markets. Read more in our latest quarterly market commentary #AltairInsight https://bit.ly/3UlCyjM

Stagflationary numbers out of US! US economy expands at 1.6% rate in Q1, trailing all forecasts. Main growth engine – personal spending – rose at a slower-than-forecast 2.5% pace. BUT a closely watched measure of underlying inflation advanced at a greater-than-expected 3.7% clip. https://lnkd.in/d42MYHpB

 The economy as a whole has also returned to its pre-pandemic growth trajectory, as consumer spending has proven surprisingly robust throughout the post-Covid recovery and the ensuing inflation crisis. According to the second estimate of Q4 and full-year 2023 GDP released by the U.S. Bureau of Economic Analysis (BEA) on Wednesday, real GDP grew 2.5 percent in 2023, re-accelerating from 1.9 percent in 2022 despite the Fed's restrictive policy stance.  Derrick Stumm, REBC, Jared Selewski, David Swade 💭 #economy #consumer #srpretirementgeeks

Some positive news: The economy as a whole has also returned to its pre-pandemic growth trajectory, as consumer spending has proven surprisingly robust throughout the post-Covid recovery and the ensuing inflation crisis. According to the second estimate of Q4 and full-year 2023 GDP released by the U.S. Bureau of Economic Analysis (BEA) on Wednesday, real GDP grew 2.5 percent in 2023, re-accelerating from 1.9 percent in 2022 despite the Fed's restrictive policy stance.   #economy #consumer #srpretirementgeeks

WSJ: “It’s been a really strong year for economic growth,. The consumer was meant to roll over—and they didn’t.” The expansion is expected to continue in 2024, albeit at a significantly slower pace. With inflation moderating, the Federal Reserve is likely to shift toward interest-rate cuts which would support the economy this year, economists say. But that buoyancy could be challenged by slower hiring and increased strain on Americans who have spent down pandemic-era savings. The 3.1% annual GDP growth shows the seasonally adjusted fourth-quarter change from a year earlier. Economists surveyed by The Wall Street Journal and the Fed use that metric for forecasts. https://lnkd.in/gFsGeGyW

The economy is roaring into Q4, but markets will have to navigate lingering inflation, policy uncertainty and shadow tightening in the next quarter. We offer insight into whether a slowdown has been dodged—or merely delayed: https://bit.ly/492Lkb3

The U.S. economy maintained its momentum in September with personal spending that was stronger than forecasted. But even with the booming consumer demand, inflation ticked up only slightly. Learn more from RSM U.S. economist Tuan Nguyen.

The U.S. economy maintained its momentum in September with personal spending that was stronger than forecasted. But even with the booming consumer demand, inflation ticked up only slightly. Learn more from RSM U.S. economist Tuan Nguyen.

The U.S. economy maintained its momentum in September with personal spending that was stronger than forecasted. But even with the booming consumer demand, inflation ticked up only slightly. Learn more from RSM U.S. economist Tuan Nguyen.

The U.S. economy maintained its momentum in September with personal spending that was stronger than forecasted. But even with the booming consumer demand, inflation ticked up only slightly. Learn more from RSM U.S. economist Tuan Nguyen.