Fed Finally Accepts 'Slow Growth Forever'

I have been talking about slow global economic growth since I've been writing for MarketWatch — nearly five years now. In May 2015, when I expanded my thoughts a bit and wrote "Global Growth Will Never Be the Same,” there was a lack of belief in what I was saying. Earlier this year when I dubbed the structural situation as "slow growth forever,” I was outright mocked. Over the past few weeks, several members of the Fed have agreed with me about the deeper nature of slow growth. I'm not sure if that's good or bad.