Brian Wesbury @wesbury
Chief Economist, First Trust Portfolios LP. The Antidote to Conventional Wisdom. Eagle Scout. Northwestern MBA. And, yes, I own a John Deere tractor! ftplp.com Kremmling, CO Joined March 2009-
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From Q4-2019 through Q4-2023, US after-tax corporate profits are up 27%. From the end of 2019 through today, the S&P 500 is up 58%. At the same time, the 10-year Treasury yield has climbed from 1.9% to 4.6%. Something has to give. Much lower rates, or much higher profits. Or???
Let’s see, I can borrow money from productive people to attend a University, with every intention of not repaying it. But while I am there, I can behave as if I own the place and demand the institution and fellow students follow my every order. #wrong
Colorado Avalanche take a 3-1 lead in the first round of the Stanley Cup playoffs vs the Winnipeg Jets! 13!!!
My favorite hat…gone. But for a great cause Nichuskin hat trick! Go AV’s!
Attention job seekers. I will not hire any recent graduate of Columbia, because that school is so tainted that I will not be able to trust in the character nor the educational attainment of any of its students. And I furthermore will not hire any older graduates either, because…
Keynesianism/MMTism/Marxism = Government Borrow, Print, Tax, and Spend. Friedman/Austrian-ism = Individuals Innovate, Invent, Save, Invest, Work, and Produce. Which one creates wealth?
If printing money is good for the economy, everyone, and I mean everyone, should be given a printing press, perfect 100 dollar plates and the proper paper and chemicals to make new bills. Anyone see a problem with this?
Colorado Avalanche beat Winnipeg Jets in Game 3 of Stanley Cup playoffs. 14!!!!
Update on this post. I’m at game #3 so I can’t hear the announcers, thank goodness. Now, Hellebuyck has let in 16, Georgieve only 11. @espn @leahhextall
Update on this post. I’m at game #3 so I can’t hear the announcers, thank goodness. Now, Hellebuyck has let in 16, Georgieve only 11. @espn @leahhextall https://t.co/jUwnTuQ7f8
Last year, government employment rose by 3%, while private sector jobs rose 1.8%. Factoring in all the government spending and redistribution, roughly 50% of 2023 real GDP was from government deficit spending. This spending does not create long-term economic well-being, and…
The 2-year Treasury yield is 4.94%. Simple math: Fed Funds 5.4% for 1 year, then 4.48% for 1 year, or 5.2% and 4.68%, or a million other combinations that say, “the market has basically given up on any significant rate cuts.”
Columbia Protestors Clarify They Only Want Death To America After America Is Done Paying Their Student Loans buff.ly/3UdP6rz
Colorado Avalanche beat Winnipeg Jets in Game 2 of Stanley Cup playoffs. 15!!!!
I’m getting sick of @espn and @leahhextall in this @NHLJets vs @Avalanche game. The Jets Hellebuyck let in 6 goals in game #1, 4 goals tonight. But somehow they say he’s great and the AV’s Georgieve is not. Right now it’s 10 goals for the AV’s and 9 for the Jets.
If you didn't already know that masks were useless virtue signaling devices, just look at all the crazy protests and protestors. Why in the world are they all wearing masks? It's handmaid's tale, but no one is making them do it.
So, here we are in Colorado. Governor Polis loves releasing wolves. But if you want to run or hike in the mountains of Grand County and think carrying protectection is a good idea, you can't buy a comfortable belt. It's not allowed. Clearly, he's a city boy.
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17K Followers 772 Following Husband, father, former CEO. Senior Fellow, Pepperdine U & AFPI, Senior Visiting Fellow at the Heritage Foundation. Author “The Capitalist Comeback”@wesbury Good morning Brian !!! Thank you !!!
@wesbury The chickens will come home to roost sooner than later?
@wesbury The New America. Where are the parents
@wesbury I thought you were an economist? Because you seem to know culture a bit too.
@wesbury Student loans = Bad business. Why are we still making these loans?
@wesbury @Michael_Khouw I took out a loan to rent college experience National Lampoon movies. Is that reimbursable?
@wesbury Notice the negative return on our investment (yes, our as the loans are now govt.)? Believe, unless we slept through Econ., Friedman would call this activity "inflationary".
@wesbury Seemingly serious people write huge checks to these institutions who teach their children to hate them. What are they thinking, and more importantly are they going to continue writing checks?
@wesbury This is what the recipient class has been taught!
@wesbury Some professors behave the same way. @BobStein_FT still has my favorite explanation of student loans.
@wesbury Seriously, how does a publicly traded company justify hiring an Ivy League grad the next couple years with the risk your new hire has a tik-tok video come out of them screaming “we are hamas! from the river to the sea!”??
@wesbury The level of entitlement these kids are exhibiting is astounding. They have every right to assemble and protest (with a permit), but blocking the movement of other students and setting up camp is not covered under the first amendment.
Don’t let this story die. This is an embarrassment, for a law enforcement official to act like this towards a police officer who is just doing his job.
Her name is Sandra Doorley who is the District Attorney of Monroe County, N.Y. She refused to pull over and drives all the way home to her house and then responded angrily to the officer which the body camera footage showed. Now she faces calls to resign. This is what privilege…
@wesbury What a debacle. Our universities and professors should be ashamed at the mess they've created.