A “Mind Blowing” metric: In his latest FedWatch video, ITR Economics’ Brian Beaulieu shares four economic highlights you should be aware of. Three are positive for the short term; the fourth Mr. Beaulieu describes as “mind blowing.”…and not positive for the long term.
A Labor Market that Won’t Stop Working: Wow…ANOTHER great employment report. Check out Brian Wesbury’s one page analysis of the 303,000 increase in nonfarm payrolls. But there are no unmixed blessings. The strong employment market is “good news for workers, but bad news for those hoping for early or more aggressive rate cuts from the Federal Reserve.”
