No Recession in Sight; Just Volatility, End of Cycle Worries
As June began, market volatility re-emerged with both the stock and bond markets fluctuating wildly on a daily basis. The good news is that it looks like U.S. manufacturing got a bit stronger entering Q2, as did consumer spending. So, Q2’s U.S. GDP will be stronger than Q1’s. The May employment report, too, was stronger […]