Archive for April 2022
Q2, 2022: A Nickel For Your Thoughts
Growth, Inflation & Policy SLOWING GDP GROWTH Growth is unquestionably decelerating, while inflation prints are seemingly perpetually overshooting. Coming into the year, we believed inflation would be the key driver of economic and capital-market returns. Putin’s invasion of Ukraine has only served to intensify this critical dynamic and has put the Federal Reserve in a…
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Summary For the second time in two years, the global economy was thrust into a crisis, first from a pandemic and then from Russia’s invasion of Ukraine. Commodity prices rose substantially as already-strained supply chains were further disrupted and the world tried to realign itself to friendly exporters. Even though the Russian ruble initially collapsed,…
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