“Eroding Factors” like ongoing credit tightness and profitability deserve your attention according to ITR Economics Brian Beulieu’s latest Fedwatch. ITR’s Taylor St. Germain provides a good analysis of what’s really happening with the labor shortage.
September retail sales came in very strong….or did they? Economist Brian Wesbury sorts it out for us. Also If you’ve ever wondered how Federal government finances really work in terms of top tax rates, whether deficits matter and what higher rates portend for government financing, Dr. Wesbury provides a concise one page tutorial in his “Three on Thursday” Also, check out his High Frequency Data Tracker for the week ended 10/20/23.
