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Let's Finally Fix The CBO
by Brian Wesbury, Robert Stein of First Trust Advisors, 11/24/14
If they came back today, the Founders of the United States wouldnt recognize the government they created 225 years ago. They put safeguards in place separation of powers, a bicameral legislature and reserved powers for the states to prevent it from growing so large.

Deflation Fears Are A Distraction
by Brian Wesbury, Robert Stein of First Trust Advisors, 11/18/14
No matter what happens these days, deep fears, driven by breathless newscasters, take things to the extreme. As a result, slight gains in inflation create forecasts of hyper-inflation, while slowing or low inflation leads to fears of deflation.

Change Is In The Air
by Brian Wesbury, Robert Stein of First Trust Advisors, 11/10/14
While many flay away, trying to figure out the meaning of last weeks GOP wave election, it seems simple. The government has tried for more than five years to turn a Plow Horse economy into a Race Horse, and failed. Yes, the economy is growing and creating jobs, but living standards are growing slowly, or not at all, for many.

Heads, I Win, Tails, You Lose
by Brian Wesbury, Robert Stein of First Trust Advisors, 7/30/12
Up, down, sideways...it's all bad, all the time. Take oil, for example. Between September 2011 and March 2012, oil prices rose about 20%. This generated all kinds of "sky-is-falling" stories about consumers having less money to spend. But, recently, as oil prices headed south in May and June, do you think the negativity went away? Not! The Pouting Pundits of Pessimism said falling oil was a bad sign, signaling weak global demand. It's all bad, all the time. The glass is always half empty.

Stocks Are Really Cheap
by Brian Wesbury, Robert Stein, Strider Elass of First Trust Advisors, 7/16/12
America's equity markets have rallied sharply since last October, with the S&P 500 up 22%. Nonetheless, the stock market has been stuck in a range for 18 months, with the Dow Jones Industrial's Average trading between 10,650 and 13,280, well below the October 2007 high of 14,165. Financial markets have priced in all kinds of bad things a fiscal cliff, slower earnings growth, a potential recession, and big government. But, we think these markets are overly pessimistic.

Is Obama a Big Spender?
by Brian Wesbury, Robert Stein, Strider Elass of First Trust Advisors, 5/29/12
Last week, Rex Nutting, a reporter for MarketWatch, became famous when the White House used his analysis of government spending. He wrote that there has been no huge increase in spending under the current president. We like Rex Nutting. He seems like a fair-minded analyst. But we emphatically disagree. This is not personal, heck, its not even political. Data from the Congressional Budget Office (CBO) shows President Obama has been a huge spender.
Results 601–606 of 606 found.