Fed ‘Beige Book’ Says U.S. Economy Still Steadily Growing

The Fed’s “beige book” of anecdotal U.S. economic information came out last week and guess what? It confirmed what we’ve been telling folks for many months.

The U.S. economy is entering 2020 on solid footing with continued modest expansion in the final six weeks of 2019, the Federal Reserve said Wednesday. Tighter labor markets—we stand at 50-year lows in unemployment—slow price rises and a robust holiday season, especially online, offset weakness in manufacturing, the Fed said.

...

Finish reading this report for free

Enter your email and we’ll send the paywall-free link directly to your inbox

In addition to your unlocked report, you will receive our weekly market newsletter FSI Snapshot, as well as occasional updates and offers from FS Insight. You can unsubscribe at any time. For more information, see our privacy policy.

Get unlimited access to Tom Lee’s Fundstrat research Subscribe
Already a member? Log in
Disclosures (show)

Get invaluable analysis of the market and stocks. Cancel at any time. Start Free Trial

Articles Read 2/2

🎁 Unlock 1 extra article by joining our Community!

You are reading the last free article for this month.

By continuing, you agree to the Terms of Service and Privacy Policy.

Already have an account? Sign In

Trending tickers in our research

Get invaluable analysis of the market and stocks. Cancel at any time. Start Free Trial

Articles Read 2/2

🎁 Unlock 1 extra article by joining our Community!

You are reading the last free article for this month.

By continuing, you agree to the Terms of Service and Privacy Policy.

Already have an account? Sign In