News

The Inflation Red Herring

Jun 7, 2021 JOSEPH E. STIGLITZ Far from signaling the return of significant inflation, temporary price increases are exactly what one would expect in a recovery following an economic shutdown. Whether those peddling inflation fears are pursuing their own agenda or simply jumping the gun, they should not be heeded.
  • Source: The Project Syndicate

What Wall Street Is Telling Us About the U.S. Economic Outlook

What do investors expect from a post-pandemic economy?They generally seem quite optimistic. Stocks are hitting records. Meanwhile, yields on U.S. government bonds and certain derivatives are suggesting the economy will be strong enough for the Federal Reserve to start raising short-term interest rates by 2023 and keep going for a couple of additional years.
  • Source: The Wall Street Journal

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