It’s a Slow World After All

(1) No boom, no bust. (2) An ideal scenario for staying home. (3) Commodity markets waiting for a peace dividend when Trump’s trade war ends with China. (4) Global revenues continue to rise slowly. (5) China dips, while Europe turns weaker. (6) Not enough Tiger cubs in Asia. (7) Q1 real GDP was an upside surprise. (8) Business capital spending remains solid. (9) Consumers coming out of winter hibernation. (10) Confidence among consumers younger than 35 years old is soaring. (11) Obituary for inflation makes the front cover. (12) The PCED inflation rate is back below Fed’s 2.0% target. (13) Setting the stage for lower-for-longer federal funds rate.