A report came out today from U.S Commerce Department regarding the last quarter GDP rate. It appears in the last quarter, U.S economy grew at 2.6% rate which was way higher than the 2.2% median growth rate economists had predicted.
The latest key economic indicators in the U.S shows both economy and the labor market looking healthy as we enter into 2019. The GDP growth however is expected to oscillate between 2 and 3 percent. U.S Federal Reserve (Fed) is not worried much about inflation or deflation. This seems like the ideal Goldilocks economy one would dream to see. Even though the U.S president and his economic advisors have been promising a growth of 4 percent this year. It is possible the U.S growth (and Global growth) could accelerate and create a bubble in the markets.