United States Economy – Page 254

2022 Is Not the Year of the Optimist

But there’s got to be a silver lining here somewhere.

It needs to promote innovation, not reward legal trickery.

Stocks, bonds and commodities are already pricing in inflation, the pandemic and war.

Mortgage costs have jumped as the Federal Reserve has raised rates. With higher rates come fewer offers.

President Biden’s domestic ambitions have gotten smaller as the war diverts the attention of the White House and contributes to rising prices.