ECONOMICS HIGHLIGHTS: What Will Muddle-Through Growth Do To Profits?

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ECONOMICS HIGHLIGHTS What Will Muddle-Through Growth Do To Profits?

Don Rissmiller Chief Economist Strategas Research Partners March 1, 2013 (212) 906-0134 drissmiller@strategasrp.com

2011

2012

2013

2014

4Q

1Q

2Q

3Q

4Q

1QF

2QF

3QF

4QF

1QF

2QF

3QF

4QF

Real GDP Q/Q % AR

4.1%

2.0%

1.3%

3.1%

0.1%

2.0%

2.0%

2.3%

3.0%

2.5%

2.0%

2.0%

1.0%

Core CPI Q/Q % AR

1.9%

2.1%

2.4%

1.6%

1.7%

1.0%

1.0%

1.5%

1.5%

2.0%

2.0%

2.0%

2.0%

Fed Funds EOP

0.1%

0.1%

0.1%

0.1%

0.1%

0.1%

0.1%

0.1%

0.1%

0.1%

0.1%

0.1%

0.1%

F = Forecast; EOP = End of Period

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