SW Advisers

"Why are Gasoline Prices Still High?"
Three on Thursday

"This week’s “Three on Thursday” takes a closer look at gasoline prices in the United States. The U.S. consumes more than 130 billion gallons of gasoline annually, more than any other
nation, making fuel prices an important issue for consumers and the broader economy."

Brian S. Wesbury - Chief Economist, First Trust

https://www.ftportfolios.com/Commentary/EconomicResearch/2026/7/2/why-are-gasoline-prices-still-high

"Alan Greenspan, RIP"
Monday Morning OUTLOOK

"Alan Greenspan passed away last week at the ripe old age
of 100. Other than presidents, few Americans have wielded as
much power in the arena of economic policy as Greenspan did
during his roughly eighteen years and five months at the helm of
the Federal Reserve."

Brian S. Wesbury - Chief Economist, First Trust

www.ftportfolios.com

Are Rate Hikes on the Way?
Monday Morning OUTLOOK

"The job market was surprisingly strong in May with nonfarm payrolls growing 172,000, beating even the strongest
forecasts for the month. As a result, the futures market is now
pricing in a quarter-point rate hike later this year and more likely
than not another quarter point rate hike sometime in 2027."

Brian S. Wesbury – Chief Economist, First Trust

www.ftportfolios.com

"The Bull Case is Largely Based on Hope"
Monday Morning OUTLOOK

"We aren’t pessimistic even though it might sound that way.
The US (as it has done for 250 years) is pushing back against
feudalism in all its forms. At the same time, AI is a
transformative technology. But it will take time for these things
to fully play out, and we think markets are underestimating the
time, energy, and volatility it will take."

Brian S. Wesbury – Chief Economist, First Trust

www.ftportfolios.com

"Chairman in Name Only"
Monday Morning OUTLOOK

"Kevin Warsh wants to make some big shifts in monetary
policy at the Fed. Unfortunately, unless and until soon-to-be
former Chairman Jerome Powell steps down from his regular
seat on the Federal Reserve Board, Warsh will be Chairman
in Name Only"

Brian S. Wesbury – Chief Economist, First Trust

www.ftportfolios.com