No Place Like Home: The root of the word “economics” is the Greek ‘oikos’ which means a “household.” While the economics profession’s focus is now much broader than that, the household unit is still of keen interest to economists. Economist Brian Wesbury offers an interesting one page summary of the positive condition position of US households.
“Squeezed….but resilient.” ITR Economics’ Brian Beaulieu looks at recent inflation data and what it suggests for Fed rate reduction. Mr. Beaulieu sees a consumer that is “somewhat squeezed….but resilient. “ Learn more in his more recent “Fedwatch”.”
