What’s REALLY Under the Hood: A week ago, the Labor department issued another great jobs report and the Federal Open Market Committee issued minutes that seemed rather benign. ITR Economics’ Brian Beaulieu looks under the hood of the economic engine and sees issues around credit and employment that are not as hopeful as the recent reports indicate. Check out his latest Fedwatch video.
Three on Thursday: In this week’s Three on Thursday, economist Brian Wesbury explains the Fed’s Balance sheet. Check out his High Frequency Data Tracker too.