Do higher stock and house prices produce higher growth as the Fed believes? If so, not much, if any. This explains the poor forecasting by the Fed and why it may be a good idea once again to prepare for a different outcome than the Fed forecasts.
https://ify.valuewalk.com/wp-content/uploads/2014/04/HIM2014Q1NP.pdf
GDP Growth is a Scam
What appears to be healthy economic expansion in the headline Real GDP statistics can disguise a chronic and perpetual recession in the private sector, running on borrowed time, and heading
