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Third winter of COVID-19: infection curve incredibly steep

Good update in this segment. Johns Hopkins Bloomberg School of Public Health Professor Chris Beyrer discusses the confluence of a winter surge of coronavirus with the omicron variant, resistance to Covid restrictions, and elevated antibodies from booster shots.  Here is … Continue reading

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Central bank worship moving toward predictable end

This week central banks are responding to political pressure around price inflation (lagging economic indicator) with accelerated monetary tightening plans. The central bank of Norway (Norges) doubled its policy rate to .50%, the Bank of England ended its bond-buying program … Continue reading

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Financial conditions tightening into consumer-led slowdown

Today, Fed chair Powell will try to appease political pressure to “do something!” about inflation caused by supply-side shocks (which are already resolving themselves) and asset markets loco on the irrational belief that central banks won’t let asset bubbles burst.  … Continue reading

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