About that Great Depression in 2030: Alan and Brian Beaulieu will be offering a look at their long-standing prediction of another “Great Depression” which they have forecast will occur around the end of this decade.
They will offer an in depth seminar on July 27 on this topic but if you’d like a 10 minute preview of the content, check out their 10 minute video “We Answer Your Questions About the 2030s Great Depression.“
Home, Cheap Home?: One of the more surprising aspects of the pandemic was how it supercharged the housing market. It now looks like buyers are tapping the brakes. Find out more in ITR Economics’ Brian Beaulieu blog posting “Home Prices Are Declining.” Also, check out Mr. Beaulieu’s latest Fed Watch.
A Turning Point?: Dr. Brian Wesbury wrote earlier in the week that the economy might be at a turning point. A subsequent announcement that 1st quarter GDP came in at a 1.1% annual growth rate seems to support his view. Also, here is his weekly High Frequency Data Tracker.