Markets were shaken last week by a potent cocktail of central bank tapering and economic growth concerns mixed with coronavirus and a splash of the new Chinese privacy law. On Wednesday, the ...
Week In Review – August 23 2021
Fed Minutes of July Meeting Show Consensus for Tapering This Year, Sending Markets Lower… The minutes from the last Federal Reserve meeting at the end of July showed a broad agreement among the ...
Week In Review – August 2 2021
The Federal Reserve Held Monetary Policy Steady… The central bankers announced that they will hold rates at 0% to 0.25% and continue to purchase $120 billion in bonds each month. What it means— No ...
Week In Review – July 26 2021
Equities Sell Off, Then Bounce Back… On Monday, U.S. equities had their worst day since October 2020, but they reversed course on Tuesday and have continued marching higher throughout the ...
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 ...