Why This Rebound Has So Little Oomph

This sloth of a recovery is starting to get on people's nerves. With only 18 weeks until the Presidential election, the White House is yelling at the Federal Reserve to cut interest rates. The Fed is bickering within itself. Households, facing heavy debts and light wallets, are pointing fingers at both crews. And businesses, after slashing costs and lifting productivity and profit margins, are all revved up with no place to go.

To continue reading this article you must be a Bloomberg Professional Service Subscriber.