Weekly Macro Brief: Yellen, GDP canards, February jobs report preview, fiscal budget savings challenges
​In this week's Macro Brief we discuss the dramatic shift in market expectations for the March FOMC meeting, some canards in economics related to the consumer and GDP, and we preview Friday's employment report for February. Our chart of the week highlights the challenges in finding fiscal savings in nondefense discretionary spending.
RDQ Economics provides global macroeconomic consulting services with an emphasis on U.S. economic fundamentals and monetary policy.
Our views are driven by consistent application of classical economic and monetary principles and has generated superior anticipation of changes in the stance of monetary policy and of movements in economic growth and inflation.
The founders of RDQ Economics, John Ryding and Conrad DeQuadros, have a combined experience of 26 years on Wall Street, 12 years of experience in central banking at the Federal Reserve and the Bank of England and nine years in the independent research space. John and Conrad have worked closely with fixed income, foreign exchange, and equity traders and portfolio managers, which has enabled their analysis and advice to be tailored to a clientele that is focused on trading and investment decisions.
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