“More Good than Bad”: Brian Beaulieu of ITR Economics continues his commentary on the banking crisis, the Fed’s 26 bps increase, the economy and sees “more good than bad” in his latest 4 minute “Fed Watch” video.”
The First National Bank of the United States?: Students of American history know that from time to time our leaders have toyed with the idea of a “national bank” or “Bank of the United States” in part to deal with crises like the 2008 Great Recession or the recent Silicon Valley Bank debacle. The Federal Reserve is NOT a national bank but Dr. Brian Wesbury wonders if we aren’t “Heading Toward a National Bank.”
As usual check out Dr. Wesbury’s “High Frequency Data Tracker” for the week just ended.