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Unknowns and uncertainty
Financial markets were volatile last week as investors parsed the risks around bank closures, central banks offered additional protections for…
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Thrown for a loop….
Early last week, Federal Reserve Chair Jerome Powell told Congress the Fed is committed to bringing inflation down to 2…
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The vicious cycle of inflation.
Last week, we learned that pay increases at central banks in many parts of the world won’t keep pace with…
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Who Needs Resolutions?
As you near the end of the year, you might already be thinking of New Year’s Resolutions. But we know…
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Here’s a little story about a group called the Fed…
In the 1950’s, then Fed Chair William McChesney Martin described the Federal Reserve as “the chaperone who has ordered the…
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2021 was a fizzing mints-in-soda kind of year.
Everything seemed to shoot higher – from COVID-19 cases and vaccinations to economic growth and global stock markets. Everything except…
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Economists like to joke that inflation is just right when no one notices it.
Last week, investors noticed it. The Consumer Price Index (CPI), which is a measure of inflation, rose 0.9 percent in…
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The road to recovery is slow and bumpy.
Last week, we learned that economic growth slowed in the third quarter as a new wave of COVID-19 surged across…
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It’s MESSI!
No, this commentary is not about Lionel Messi, the Argentine soccer phenom who is widely regarded one of the greatest…
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The event at the United States Capitol building had a resounding impact around the world, but it didn’t deter global stock markets.
Last week, investors weighed the violent disruption of America’s 2020 presidential election process against the outcome of the Senate runoff…
