With COVID cases rapidly falling and inflation heating up, many investors are focused on Federal Reserve policy. Monetary policy will need to walk a fine line between tackling inflation and financial risks and supporting the economic recovery. The Fed, Central Banks, and governments will need to act with clarity and consistency to avoid making policy errors that will roil financial markets and set back the global recovery. Congressional brinkmanship around the debt ceiling, government funding, the bipartisan infrastructure agreement and President Biden’s social infrastructure plan all risk increasing market volatility to even roiling the financial markets. China’s problems revolve around disorderly debt restructurings in their property sector to escalating cross-border trade and technology tension which their recent common prosperity initiative makes more critical to be resolved.

Cloudy With a Chance of Sun by LESLIE CALHOUN President and CEO Halfway through the year and the US economy continues to rally despite a surge in the Delta variant of Covid-19. Business confidence is strong, financial  …
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Reopening Surge and Supply Chain Disruption Driven Inflation by LESLIE CALHOUN President and CEO The pandemic year of 2020 quickly attracted bargain hunters to Wall Street but left Main Street struggling with lockdowns, lost jobs, and the  …
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2021. Navigating from Pandemic Headwinds to Vaccine Tailwinds by LESLIE CALHOUN President and CEO In normal times, the dawn of a new year often brings an optimistic feeling because we naturally want to delineate the eras and  …
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