Close up of a water drop and ripple of water.

Don’t Overlook Ripples Caused by War

Outside of rising gas prices, the economic impact of the Russo-Ukrainian war seems small, but ripples of its splash could touch the world in other ways.

Earth on a Covid roller coaster

Notes on the Economy – 1Q 2022 Summary

The U.S. economy, along with the global economy, has been taking a ride on the COVID-19 roller coaster, as growth has alternately accelerated and decelerated.

Graphic design of four arrows, three blue stopping at a wall labeled COVID-19, and one red one going over it and beyond.

Is the Economy Beyond the Fed’s Control?

The Federal Reserve’s COVID-19 conundrum: a rapidly mutating virus, inconsistent public-health responses, global supply-chain disruptions, worker shortages, rapidly rising wages, and soaring inflation.