We published a new Economic Update entitled Thanksgiving Pie. In the update, we discuss our outlook for the markets following a sleu of recent economic releases and other newsworthy events of the past week.
In general, we believe the economy is mending itself of its own accord in spite of fears that we’re only growing GDP at “stall speed”. While additional Fed stimulus is now a forgone conclusion, giving it time to heal, quite frankly, may be the most appropriate course of action.