Economic activity is slowing dramatically according to the WEI index, trending towards a recession.
The Fed’s Economic Projections
The median projection for real GDP growth stands at just +0.5% this year & next, prompting a question during Powell’s presentation about the prospect of stagflation.
Lower Energy Prices are Paying Dividends
Consistent with the Fed’s algorithm, declining oil prices are driving lower inflation as reflected by a recent CPI print improvement.
GDP & Electric
The hypothetical GDP based upon electricity revenue (even when accounting for higher electricity prices) has represented a steadily smaller percent of actual GDP.
How Big is the Government?
Government expenditures/GDP show a massive increase in government spending.
Productivity Growth Fast Enough?
Is the rate of productivity increase a cause for concern?
RR Insights Journal March 2022
In this issue of our Insights Journal we explore impact of gas hikes on traffic by looking at comp sales correlations and franchisee comments. While the economic data suggests that consumers have some cushion to deal with the gas price shock, franchisees have a different opinion.
How did these 5 Tech Stocks Rocket During the 2020 Pandemic?
Everyone knows that 2020 was a horrible year for just about everyone, except for certain tech companies and their leaders. The data will explain how the perfect storm occurred to allow these 5 tech companies to walk away from 2020 victorious.