Here's a statement of the obvious: The opinions expressed here are those of the participants, not those of the Mutual Fund Observer. We cannot vouch for the accuracy or appropriateness of any of it, though we do encourage civility and good humor.
FYI: Yes, Q4-20015 real GDP growth likely slowed to a crawl. Yes, the stock market has taken it on the chin in recent weeks. Yes, credit-quality yield spreads have been trending higher since mid-year 2015. Yes, commodity prices have cratered. Is it time to panic about an impending U.S. economic recession? Investors would be wise to heed the advice given to anxious Green Bay Packers’ football fans after the Pack’s 1-2 start to the 2014 regular season by future NFL Hall of Fame quarterback, Aaron Rodgers, “R-E-L-A-X.” (Rodgers’ advice was prescient. Regards, Ted http://ritholtz.com/2016/01/to-quote-aaron-rodgers-r-e-l-a-x/?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed:+TheBigPicture+(The+Big+Picture)
