Keep pulling the thread on Kevin Hassett.
Kevin Hassett predicts that U.S. GDP growth will be between 4% and 5% this year.
Core inflation over the last six months was 2.6%, the lowest level since the inflation under President Biden began.
Ken Griffin predicted that if the Strait of Hormuz remains closed for six to twelve months, the U.S. will "almost certainly" enter a recession.
Kevin Hassett alleges that the Federal Reserve did not raise interest rates before the 2016 election but began raising them immediately after Donald Trump was elected.
Kevin Hassett alleges the Federal Reserve cut interest rates right before the 2020 election, presumably to help Kamala Harris's campaign.
Jay Powell did not begin raising interest rates to combat 7-10% inflation until after he was reappointed as Federal Reserve Chair by President Biden.
Real income growth in the U.S. was 1.6% over the last year, after accounting for inflation.
Approximately 60 million people are benefiting from new tax policies that eliminate taxes on tips, overtime, or Social Security.
The current best estimate for U.S. productivity growth is approximately 2.5%.
Orders and shipments of non-defense capital goods in the U.S. are currently at their highest levels ever recorded.
Current data shows that orders for non-defense capital goods are higher than shipments, suggesting continued upward momentum in capital spending.
The Wall Street consensus forecast for U.S. GDP growth is approximately 2% to 2.5%.