US economy

3rd Quarter 2018 | John's Market Commentary

3rd Quarter 2018 | John's Market Commentary

Well, 2018’s third quarter earnings season is history.  It was pretty much a repeat of both the first and second quarters.  The U.S. economy will stay strong in 2019 and inflation will tick-up above 2% and so the U.S. central bank should continue to raise interest rates gradually, New York Fed President John Williams said Tuesday.  “Given this outlook of strong growth, strong labor market and inflation near our goal and taking account all the various risks around the outlook, I do expect further gradual increases in interest rates will best sponsor a sustained economic expansion,” Williams said at a press briefing.