The Fed decides to hold steady as we learn that GDP sputtered at the end of 2015 and durable goods orders plummeted in December.
Business Conditions Stagger, Yet Consumers Perk Up for the Holidays: What We Learned During the Week of December 21-25
On one hand, a revised Q3 GDP estimate does not inspire nor does data on November business conditions. Yet, consumer sentiment improved as 2015 was wrapping up with Americans opening up their wallets.
Thankful for a Q3 GDP Revision: What We Learned During the Week of November 23-27
An upgrade for GDP, lukewarm consumer spending and sentiment.
