Two Big Events next week….The election and the next Fed rate cut. ITR’s Taylor St. Germain won’t forecast the election, but has some thoughts on the rate cut and what’s ahead for the economy in 2025 in ITR’s latest Fed Watch
A One-off report?: The latest employment report was the weakest since the pandemic…..but there’s a reason for it… and the unemployment rate is still holding steady at a low 4.1 %. Economist Brian Wesbury offers a one page executive summary of the October Employment report.