Inflation to Slow in 2022, but Still Above Fed Target: Economist
“I do think that we'll see a gradual slowing in inflation over the course of 2022,” Faucher told Yahoo Finance Live.
“I do think that we'll see a gradual slowing in inflation over the course of 2022,” Faucher told Yahoo Finance Live.
Two biggest uncertainties for investors right now clearly are Omicron and what may come next with respect to COVID-19, and what Fed may or may not do.
Santa Claus rally is off to best start in 20 years. Here’s what history says about the stock market’s performance when rally starts this well.
Despite finally acknowledging, inflation will likely run hotter, last longer than expected, still widespread belief that it is transitory in long run.
Top of list of worries next year is concept of ‘fiscal drag,’ effect of Fed removing financial stimulus it unleashed on markets in response to Covid.
Pandemic remained major force influencing growth in U.S. 2021 economy. As vaccinations picked up and stay-in-place orders lifted economy made strides.
The fast-spreading Omicron variant isn't shaking confidence (yet) on Goldman Sachs' call for double-digit percentage returns for S&P 500 next year.