The positive signs emerging this year for the U.S. economy offer hope for a return to about 3% annual growth, but one figure due March 29 is likely to prove more telling than most, writes BlackRock's Russ Koesterich. "Investors wondering about the outlook going forward for the US economy will want to watch ... February's personal income figure. ... The Federal Reserve is likely to eventually raise rates and without faster personal income growth, consumers are likely to run out of savings, especially considering the massive amount of debt they are still unwinding."
Published in Brief: