That is not what is being touted on bloomberg. The economy is picking up around the world and the Fed will need to raise rates to contain the enthusiasm.
Absolutely correct. That is why since Obama became president 14 million people disappeared off of the employment roles, 50 million people are on food stamps which is 30 million more than when he became president, and 50% of college grads can’t find work. This is definitely a confirmation the economy is booming.
Bloomberg is again trying to kindle the Animal Spirits and Green Shoots. Reminding folks the Fed could raise rates soon is geared toward encouraging folks on the fence to act now else be punished by higher rates.
Ain’t gonna work.
This is the new normal. The economy lack fundamentals that cause growth. IMHO, the main missing link to such positive growth is TRUST. Companies are leary to invest in such a climate.