First Trust: Monday Morning Outlook

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Brian Wesbury, Chief Economist at First Trust Advisors, provides a weekly economic outlook through "First Trust Monday Morning Outlook." He analyzes current economic data and trends to offer insights and predictions about the financial markets. Wesbury's commentary often covers topics such as inflation, interest rates, government policies, and global events. He is known for his optimistic views on the long-term prospects of the US economy.

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First Trust Weekly Update 6.17.24
First Trust Weekly Update 6.17.24

Brian Wesbury - ROI Podcast

In this episode of First Trust ROI Podcast, Brian Wesbury, Chief Economist at First Trust Advisors, discusses the state of the US economy and the 2024 presidential election. He argues that while inflation has moderated, it is still a concern, and the Federal Reserve is likely to keep interest rates high for longer than expected. Wesbury believes that government spending is a major driver of inflation and that reducing it would be a more effective policy tool than raising interest rates. He also discusses the impact of the war in Ukraine on the global economy and the potential for a recession in the US. Overall, Wesbury is optimistic about the long-term prospects for the US economy but warns that there are significant challenges in the near term.

Who is Brian Wesbury?

Brian Wesbury serves as the Chief Economist at First Trust Advisors, L.P., a financial services company headquartered in Wheaton, Illinois. Additionally, Wesbury holds the position of a senior fellow at The Heartland Institute and is an active member of the Board of Advisors for First Trust Capital Partners, an affiliated private-equity firm. He has received recognition as the leading U.S. Economic Forecaster by the Wall Street Journal.

Brian Wesbury initiated his professional journey in 1982 with the Harris Bank in Chicago. His earlier roles encompassed the position of Vice President and Economist at the Chicago Corporation, as well as Senior Vice President and Chief Economist at Griffin, Kubik, Stephens, & Thompson. From 1995 to 1996, he assumed the role of Chief Economist for the Joint Economic Committee of the U.S. Congress. Mr. Wesbury holds an M.B.A. from Northwestern University's Kellogg Graduate School of Management and a B.A. in Economics from the University of Montana.

*The information presented is not intended to constitute an investment recommendation for, or advice to, any specific person. By providing this information, First Trust is not undertaking to give advice in any fiduciary capacity within the meaning of ERISA, the Internal Revenue Code, or any other regulatory framework. Source:https://www.ftportfolios.com/retail/aboutus/aboutus.aspx