Correction or Recession?: It’s been a while since Brian Wesbury sat down in front of a camera for one of his video chats about the markets and the economy. If you have five minutes and sufficient interest, check out his recent Wesbury 1010 video in which he explains why sees the current turmoil and uncertainty as a correction, not a recession.
Trivial and Temporary: The government shutdown is now the longest on record and while the suffering of the government employees who are going without paychecks (and in many cases still working) is not to be downplayed, the effects on the larger economy are not a cause for alarm says ITR Economics’ Lauren-Saidel Baker.
Check out her thoughtful and concise analysis of the shutdown and find out why she feels the overall economic effects will be “trivial and more importantly, temporary. “CATEGORIES: Confidence, Economics