The Fed Waffles: Some would say that the most important aspect of leadership is clarity. If that’s so, Dr. Brian Wesbury makes the case the Federal Reserve is hardly a great example. Check out his one-page post: “the Fed Waffles.”

Good News or Bad News?: Interest rates went up in recent months, causing bond prices to drop and chaos with the banks. This past week, interest rates dropped, but that can be a sign of recession. Brian Beaulieu of ITR Economics in his latest Fed Watch will sort it out for you.