Welcome back, Goldilocks
The Goldilocks consensus—that the economy is set to run not so weak that revenue and earnings won’t grow in the second quarter but not so strong that the Federal Reserve will speed up its taper—is back.
The Goldilocks consensus—that the economy is set to run not so weak that revenue and earnings won’t grow in the second quarter but not so strong that the Federal Reserve will speed up its taper—is back.
Yesterday and today global financial markets are saying, “Just right” to U.S. economic news. Better than expected growth and a weak jobs picture—what more could you want?