America has had the wind knocked out of its sails this year.
Volatile stock markets, weak economic growth and a hiring slowdown have created a perfect storm for nearly flat growth. The question is whether the U.S. economy and markets can right the ship in May and beyond. There’s reason to believe they can start to this week.
“We’re in a slow growth economy,” says Dorothy Weaver, former chair of the Miami Federal Reserve branch and CEO of Collins Capital. “I don’t think we’re heading for a capsized economy, but that doesn’t mean we couldn’t be hitting low winds and a doldrum.” Continue reading