“Soft,” “hard” or “no” landing? The business cycle hasn’t been outlawed, but the current expansion is 15 years old, so many economists debate whether there will be a “hard landing” or a “soft landing.” Declining interest rates, inflation and a strong labor and stock markets are causing some to think that there won’t a “landing” at all. Check out this short article from Business Insider: “The case for a US Economic ‘no landing is stronger than ever.”
Good News, Bad News? Inflation data this week sounds positive, but is it really? Will the Fed reduce rates again? ITR Economics’ Brian Beaulieu unpacks the data for you in this week’s FedWatch. Economist Brian Wesbury takes a run at the new inflation data and shares his take in a one page post regarding the “September CPI.”