PCE inflation rate

Weekly Update

The Stubborn View of Inflation


Published June 23, 2023

 

The market has been moving higher. However, many analysts continue to argue that a recession is upcoming, and the stock market is headed for a fall. We posted Schwab’s mid-year outlook dissecting the economic and market dynamics at work. This week, we are looking at comments from First Trust’s Brian Wesbury. Mr. Wesbury remains concerned about recession and outlines why he still sees one ahead. (more…)