The term “peak growth” has become almost as popular as the Apple TV comedy show Ted Lasso. Peak growth is a catchphrase with the potential to mislead. When the term is applied to the U.S. economy, ...
Week In Review – July 19 2021
Fed Chair Powell Testified to Congress That Inflation is Under Control but “Concerning”… In his regularly scheduled testimony, the Fed Chair noted that prices are higher than expected, but he still ...
There was a gappers’ block in financial markets last week as equity investors slowed to see what the United States Treasury bond market was up to.
U.S. Treasury bonds rallied last week. Yields on 10-year Treasuries dropped from 1.43 percent at the start of the week to 1.27 percent on Thursday. The rally was quite a surprise, reported Randall W. ...
Week In Review – July 12 2021
Central Bankers Might Start Talking - About Talking -About Tapering Bond Purchases… The minutes of the June meeting show that the bankers debated when it might be appropriate to purchase fewer ...
The world is about halfway back to normal
The Economist developed the Global Normalcy Index (GNI) to measure the post-pandemic return to normal. In March 2020, the GNI was 35 overall, with 100 being the normal pre-pandemic level. At the end ...