Overdone Optimism: Reports of moderating inflation have lifted the spirits of many including equity investors this past week. But it may be premature according to Brian Wesbury to declare inflation tamed and the fears of a recession behind us. In his latest blog post he warns of “overdone optimism” and suggests we seriously question if “the inflation threat has passed?”
Fed Watch: ITR’s Brian Beaulieu’s latest Fed Watch offers some insights on what the Fed may do next on interest rates, trends in savings and retail sales, and some surprising (versus conventional wisdom) regarding gold. Check out his latest Fed Watch.
The Next Great Depression: Those who follow ITR economics know that they have long predicted another Great Depression to occur at the end of this decade. Brian and Alan Beaulieu are offering a webinar on July 27th that you may want to watch. Check out this 5-minute preview of their deep dive regarding what’s ahead.
