Good Leading Indicators: The Fed, to no one’s surprise stood pat on interest rates this week. Brian Beaulieu Is not surprised given the most recent inflation data which came in “ a little hotter.” Even so, he says, other “ leading indicators are really good.” Recent GDP and housing are positive…. But watch out for food prices. Check out his latest FedWatch for more.
Two Key Numbers: Economists focus on several important measures of economic activity. Two of the most important are the country’s production (GDP) and the income of its citizens ( Personal Income). Economist Brian Wesbury provides a thorough one-page analysis of both. GDP and Personal Income turned in good numbers in December, but Mr. Wesbury suggests caution regarding our interpretation of both. Check out his thoughts on Gross Domestic Product and Personal Income.
