Economic Flash

November 2019 VS Economic Projections and Bloomberg Survey

by Craig Dismuke, Dudley Carter

The November Bloomberg Survey of Economists shows that economists generally expect the expansion to continue, albeit at a slower rate, and that interest rates will remain range-bound in 2020.  Economists expect the economy to expand 1.8% in 2020 on continued stability in consumer spending, moderate growth in government expenditures, and tame business and residential investment. Expectations are split on the prospects of another Fed rate cut and the 10-year Treasury is expected to end 2020 at 1.95%.  These expectations are largely in-line with our projections.

To see Vining Sparks’s projections and select Bloomberg survey results, click here.

The information included herein has been obtained from sources deemed reliable, but it is not in any way guaranteed, and it, together with any opinions expressed, is subject to change at any time. Any and all details offered in this publication are preliminary and are therefore subject to change at any time. This has been prepared for general information purposes only and does not consider the specific investment objectives, financial situation and particular needs of any individual or institution. This information is, by its very nature, incomplete and specifically lacks information critical to making final investment decisions. Investors should seek financial advice as to the appropriateness of investing in any securities or investment strategies mentioned or recommended. The accuracy of the financial projections is dependent on the occurrence of future events which cannot be assured; therefore, the actual results achieved during the projection period may vary from the projections. The firm may have positions, long or short, in any or all securities mentioned. Member FINRA/SIPC.
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