Monday Morning Outlook – Inflation Revisionism
Inflation RevisionismBrian S. Wesbury, Chief EconomistRobert Stein, Deputy Chief Economist Date: 6/1/2021 Talk about revisionist history! A recent tweetstorm from an opinion leader at the NY Times says that, looking back, he wonders what all the fuss was about...
Monday Morning Outlook – Overstimulation on the Way
Overstimulation on the WayBrian S. Wesbury, Chief EconomistRobert Stein, Deputy Chief EconomistDate: 2/22/20121 Things are looking up for the US economy. Later this week we'll get an update on real GDP growth for the 4th quarter of 2020. We estimate that'll be...
Monday Morning Outlook – S&P 4,200 – Dow 35,000
S&P 4,200 - Dow 35,000 Brian S. Wesbury, Chief EconomistRobert Stein, Deputy Chief EconomistDate: 11/30/2020 In December 2019, we made a year-end 2020 forecast of 3,650 for the S&P 500. With the index closing Friday at 3,638, that looks like a very good call....
Miscalculating Risk: Confusing Scary With Dangerous
Miscalculating Risk: Confusing Scary With DangerousRealClear Politics, May 22, 2020Brian S. Wesbury, Chief EconomistStrider Elass, Senior Economist The coronavirus kills, everyone knows it. But this isn't the first deadly virus the world has seen, so what happened?...
Monday Morning Outlook – GDP: Bad, And Getting Worse
GDP: Bad, And Getting Worse Brian S. Wesbury, Chief EconomistRobert Stein, Deputy Chief EconomistDate: 4/27/2020Before the Coronavirus, the US economy was cruising for what looked like 3% annualized growth in real GDP in the first quarter. But the effects of both...
Monday Morning Outlook – Do the Least Harm
Do the Least HarmBrian S. Wesbury, Chief EconomistRobert Stein, Deputy Chief EconomistDate: 4/6/2020Doctors think differently than economists. They put patients with a potential for brain damage in an artificial coma to stop swelling, and when it stops, they bring...
Monday Morning Outlook – The Coronavirus Contraction
The Coronavirus Contraction Brian S. Wesbury, Chief EconomistRobert Stein, Deputy Chief EconomistDate: 3/23/2020 Due to fears about the Coronavirus – more specifically, the forceful government measures designed to halt its spread, the US is on the front edge of the...
Monday Morning Outlook – Fed Fires Bazooka at Coronavirus
Fed Fires Bazooka at Coronavirus Brian S. Wesbury, Chief EconomistRobert Stein, Deputy Chief Economist Date: 3/16/2020 Back in July 2008, then-Treasury Secretary Hank Paulson said he wanted a "bazooka" to deal with financial threats to Fannie Mae and Freddie Mac....
Monday Morning Outlook – A Coronavirus Recesssion?
A Coronavirus Recession? Brian S. Wesbury, Chief EconomistRobert Stein, Deputy Chief EconomistDate: 3/9/2020 No one knows with any real certainty how much, or for how long, the Coronavirus will impact the US economy. What we do know is that it will have an impact....
Monday Morning Outlook – Time to Fear the Coronavirus?
Time to Fear the Coronavirus?Brian S. Wesbury, Chief EconomistRobert Stein, Deputy Chief Economist Monday, fear over the Coronavirus finally gripped investors, as both the Dow Jones Industrial Average and the S&P 500 index fell over 3% - the largest daily...
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