The GDPNow model forecast for real GDP growth (seasonally adjusted annual rate) in the fourth quarter of 2017 is 4.5 percent on November 1, up from 2.9 percent on October 30. Check out their updated forecast here.
The U.S. stock market has never gone this long without a meaningful correction. Get the details here.
Art Cashiin of UBS Securities is always worth listening to. In this CNBC interview he provides a first hand look back at the stock market crash of 1987. Good investment advice from Art Cashin: "When I walk into a room, the first thing I look at are the exit signs. I want to know how to get out of a room as much as how to get into it." Good everyday life advice as well. Watch the interview here.
