For investors, recent comments by Fed Chairman Jerome Powell suggest the potential for volatility in the short run.
In 2022, there is a unifying theme--higher inflation across almost all major economies.
It has been a very tough year for investors and the short-term outlook is both challenging and confusing.
This morning's second quarter GDP report was a significant disappointment.
If inflation doesn't roll over before growth turns negative, the economy is in for a tough second half of the year.
There are loud calls for the Federal Reserve to boost interest rates more aggressively.
High food and energy prices increase the risk of recession by hurting consumer spending.
The economy is encountering strong headwinds.
In this challenging environment, a fast-falling budget deficit could provide some relief.
This morning's CPI report came in hotter than expected.
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