Hard Landing, Soft Landing or No Landing: Dr. Brian Wesbury recently remarked, “a growing chorus of economists and investors have decided that the pessimistic narrative had it wrong all along, that the US isn’t headed for a hard landing, which would mean a recession, it isn’t even headed for a soft landing, which would mean a prolonged period of low economic growth.” Do you agree? Check out his recent blog post “Hard Landing, Soft Landing, or No Landing”. Also, check out his weekly “High Frequency Data Tracker” for the week just ended.
Don’t they love us anymore?: Brian Beaulieu of ITR Economics offers an update on the Fed and in particular the recent increase in government bond yields due to foreign buyers not buying our debt when their holdings of it mature. The Federal Reserve isn’t buying US Debt at earlier amounts either. Check out Mr. Beaulieu’s recent “Fed Watch” for a concise analysis of this somewhat disturbing trend.
