The past six weeks have been replete with warnings about bank failures. Many executives are having flashbacks to the banking crisis and Great Recession of 2008. Dr. Brian Wesbury says “Yes, we have banking problems. No, this is not 2008.”
But he continues “inflation is likely to remain elevated and the Fed is unlikely to cut rates anytime soon.” Check out his view of what’s ahead on his recent one page blog post “Bank Problems Aren’t Over, But It’s Not 2008.”
“Pain or Patience”: ITR Economics Brian Beaulieu look at the Fed’s latest moves that he feels comes down to “a question of pain or patience.” Check out his latest Fed Watch.
