Inflation intensification Like a guest who stays too long at a holiday gathering, inflation proved tough to get rid of in 2021.During the 12 months preceding November, consumer prices increased 6.8%, according to the Bureau of Labor Statistics. That’s the...
COVID and political uncertainty – What else is new? More than 18 months into the pandemic, the coronavirus remains a force to be reckoned with. The Delta variant has reignited the coals of the disease’s spread, just when it seemed to be declining in the spring....
The Inflation Debate It’s the most dangerous drinking game on Wall Street – every time you hear the word “transitory” to describe inflation, tip your glass. In April, Jerome Powell, chair of the Federal Reserve, used the word himself to describe inflation as...
By Jason Policastro, as published in the Baltimore Business Journal Travis Bickle, played by Robert DeNiro in “Taxi Driver,” Martin Scorsese’s gritty portrait of 1970s New York, said that “one of these days, I’m going to get organiz-ized,” quoting a...
By Jason Policastro, as published in the Baltimore Business Journal At a recent virtual meeting of the Financial Planning Association of Maryland, Comptroller Peter Franchot offered his best- and worst-case scenarios for the Covid-19 pandemic and the state’s...
