“Uncertainty is off the charts” and “another week of turmoil” is how ITR Economics’ Brian Beaulieu describes the current state of economic affairs. He suggests that soon to be released economic data may still be telling a good story about the first three months of 2025 since the economic turbulence around tariffs etc. wasn’t unleashed until late in the quarter and today’s decisions can take some time to manifest in the real economy..But the second quarter? That may be a different story. Mr. Beaulieu will explain why in his most recent Fed Watch .
Another Day, Still the Dollar: With all the gyrations in the financial arena, especially the bond market, many are concerned about the risk of the US dollar losing its premier status as the world’s reserve currency. While there may be a resurgence of inflation and /or a recession, First Trust Economist Brian Wesbury offers a concise one page explanation of why the dollar is in no danger of losing its status as the world’s reserve currency.
