Where do you go to find factual economic information and analysis these days? Daily newspapers feed government data in disconnected bits that often follow hysterical headlines. The same can be said for television's news reports and talking heads. They feed you raw statistics that present partial perspectives. Disjointed facts and figures can lead to public misconceptions and near panic by the majority of folks who never took Economics 101. My minor was economics and I continue to have a strong interest in the subject. 

More reliable, I find, are the frequent reports from First Trust Advisors L.P.  Brian Wesbury is their Chief Economist. Mr. Wesbury also appears as a guest on some cable business shows such as CNN and Bloomberg. His articles also appear periodically in The Wall Street Journal.

I started receiving economic news and commentary from Mr. Wesbury several years ago. He presents current facts and statistics from all of the national sources as released. The difference is that Brian Wesbury puts newly-released facts with other related statistics and discusses the implications of all those facts and figures. The analysis is thorough, not just thirty-second sound bites or short tidbits of data. For example, as financial and employment figures dropped, Mr. Wesbury made it clear that the "velocity" of money flow in our system had slowed dramatically. The Federal Reserve quickly made massive amounts of new funds available to maintain America's liquidity. The Fed's move was in stark contrast to the drying up of the money supply during the Great Depression. Once the panic recedes and velocity again increases, much of that influx of money must be reabsorbed by the Fed if we are to avoid high inflation.

Mr. Wesbury provides a much more complete picture of current economic happenings than you will gain from the general media or Sunday pundits. You cannot rely on national politicians either. They only present facts that support their particular point of view, and they may also be some of the prime culprits behind our present financial chaos! I recommend that you sign up for a free subscription to the First Trust Advisors L.P. research and regular data watch reports. A more complete perspective will help you determine steps you may need to take to protect yourself, your family, and your personal assets.