Fed to Tighten Till Markets Pushback

18 January 2022 In December, the US Federal Reserve abandoned its belief that rising inflation was "transitory", and signaled that monetary tightening may commence earlier that expected. In their defense, the extreme imbalances in aggregate supply and demand in both labour and goods markets (e.g. supply chain disruptions) during the 2020/21 economic recovery have complicated [...]

Biden’s Climate Plan: Yes We Can, We Must!

8 April 2021 In the climate model I unveiled last year, I rated 90 countries' vulnerability to climate change. The United States ranked a disappointing #20 (my blog "Climate Change: Who's Preparing, Who's Not" can found be on my website). President Biden intends to change that. Indeed, spending to mitigate the impact of rising global [...]