Upside and Down: The January employment report is out and at first glance the economy turned in a decent result as far as jobs are concerned, but economist Brian Wesbury notes that while “The job market continued to expand at a moderate pace in January, but there were major revisions to prior reports that have a heavy influence on how to see the economy, both to the upside and the down.” Check out his one-page executive summary of the January employment report.
A Healing Economy (mostly): ITR Economics Brian Beaulieu walks you through what he calls a “data laden month” and sees “a healing economy….but some areas are struggling, and he has some cautionary thoughts about interest rates. Find out what he thinks about all this in his latest Fedwatch.
