Looking back over last year, individuals yearned for the post-pandemic environment. The vaccine roll-out had everyone hoping for a return to their old routines. During that time, governments and central banks continued to provide stimulus to ensure a durable economic recovery from the worst pandemic since 1918. While the recovery has gained strength, growth has been uneven.
Ground Control to Chairman Powell…Over the past 18 months, we suggested that the Federal Reserve’s (“the Fed”) policy response to the global pandemic has been a success, acknowledging in the last quarterly letter that it may be about time to end emergency funding policies.
Too Hot in the Hot Tub! Spring is upon us, and temperatures outside are rising. Investors are noticing that the weather is not the only thing heating up. Economic indicators illustrate that growth in the U.S. economy is accelerating as states continue to relax COVID-related restrictions.
The Comeback Kid Part II — The Road to Recovery Movie sequels are notorious for being lackluster experiences, with profits prioritized over original ideas — Ghostbusters II comes to mind. Then there are movies that are equal to, or even better than the original, as fans of the Godfather series will attest