In Private And Public, Fed Says Economic Growth On Track

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Mark Melin
Published on
Updated on
Daniel Tarullo Federal Reserve

As the stock market collapses in part on concerns regarding the reduction of quantitative easing into the economy, the U.S. Federal Reserve (Fed) says the core economy is on track in both a report and private weekend meeting. Fed Beige Book paints a picture of a growing economy The recently released Beige Book from the central bank painted a picture of an economy that is growing at a moderate pace.  Across the 12 Fed districts, growth was modest, with slight sales gains reported in most districts. Tourism activity remained positive in several areas, the report noted, citing higher occupancy rates…

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Mark Melin is an alternative investment practitioner whose specialty is recognizing the impact of beta market environment on a technical trading strategy. A portfolio and industry consultant, wrote or edited three books including High Performance Managed Futures (Wiley 2010) and The Chicago Board of Trade’s Handbook of Futures and Options (McGraw-Hill 2008) and taught a course at Northwestern University's executive education program.