Brian Wesbury says he's 'not bullish anymore' on the economy as he forecasts a recession following the federal government's response to the COVID pandemic.
First Trust Advisors chief economist Brian Wesbury tells 'Varney & Co.' 'money printing' and 'borrowing' put the nation on the verge of a recession.
First Trust Advisors chief economist Brian Wesbury issued a bleak warning on the U.S. economy, Friday, telling " the government's spending response to the COVID pandemic has put the nation on the brink of a "moderate" recession akin to the economic downturn of the early 1990s.I shouldn’t be smiling about this, but hey, you know, people started calling me a permabull, because I was bullish over the 12-13 years leading up to COVID. I don’t know what else I was supposed to be, but I’m not bullish anymore.
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