Tug of War: “The problem with forecasting the economy right now is we have never been in this position before…” writes Dr. Brian Wesbury in a recent blog post. Q1 GDP is still positive at 2.3% and employment is still strong, but Dr. Wesbury warns “The US economy is being tugged in two different directions.”
Learn more in his recent Monday Morning Outlook “January Surge Kept Q1 Positive.” Also, check out his most recent weekly High Frequency Data Tracker
FED Watch: Brian Beaulieu of ITR Economics in his latest video takes issue with three of the latest pronouncements of the Federal Reserve on credit, prices, and employment. Find out why he thinks that in his latest Fed Watch.