Interest Rates

Americans aren't coming back to work.

Unemployment rising.

The S&P 500 just ended its worst month since March 2020 as investors fret about coming interest rate hikes and uncertainty over the situation in Ukraine.

Prices metric tracked by Federal Reserve rose 5.8% last year, sharpest increase since 1982.

U.S. companies borrowed 3 percent less in December to finance their investments in equipment, the Equipment Leasing and Finance Association (ELFA) said on Tuesday, as inflation and Omicron cloud economic outlook.

The US Senate will soon vote on Federal Reserve Chairman Jerome Powell’s nomination to a second term.

Housing economists expect the market frenzy to subside in 2022 as mortgage rates rise

It had to happen.

Runaway house price inflation continues to characterize the U.S. market. House prices across the country rose 15.8% on average in October 2021 from the year before. U.S. house prices are far over their 2006 Bubble peak, and remain over the Bubble peak even after adjustment for consumer price inflation.

We enter 2022 with the hope and optimism made possible only by the most clear-eyed assessment of reality.