Fed policy led to slower growth in 2019. 2020 looks much better

WASHINGTON — The US Bureau of Economic Analysis (BEA) just release the first estimate for GDP growth for the fourth quarter of last year. The 2.1% growth rate for the quarter means that the growth rate for the entire year 2019 was 2.3%. That’s below what President Trump promised. Clearly, Fed policy, not Trump’s policies, led to slower growth in 2019. But 2020 looks much better. **Also Read: Confused Fed, spreading virus, crazed Houthis hit Wednesday marketsTrump said that his policies would result in annual economic growth exceeding 3%, something not seen since 2005. He said that the combinat…

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HEDGE accordingly