
Source and data: Institute for Self Reliance

Source and data: Institute for Self Reliance
Mark Holder of Stone Fox Capital discusses the Net Payout Yields portfolio.
The US economy has defied recession expectations, with the latest data showing a continued positive performance. Despite the cumulative 525 basis points of Federal Reserve rate hikes, the economy may still not be out of the woods, but signs are pointing to another positive performance for third-quarter real GDP.
The economy appears to have missed the Federal Reserve Bank memo telling it to slow down, with today’s GDP and durable goods data exceeding expectations while initial unemployment claims point to persistent labor market tightness.
Markets are looking for more economic stimulus