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...
Historic Multifarious Crises 2020 was an historic year. The United States and the world faced four substantial crises simultaneously. We began the year in a political crisis with a divided government, citizenry, and a President in the process of being...
First Responders In any emergency, the speed and effectiveness of the response is crucial to the outcome. Governments around the world responded in various ways to the outbreak of COVID-19, the first global pandemic (GP) in a century. The effectiveness of...
The Year of the Virus The economic focus in early January was on the trade deal between the US and China and what the next step in US-Global trade policy might look like. Most economists were forecasting steady but slowing global economic growth as the Federal...