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Lockdowns Worsen the Health Crisis
“We suspect that one day, the quarantining of entire societies that was carried out in response to the coronavirus pandemic, leading to vast swaths of the population becoming unhealthier overall and ironically more susceptible to severe outcomes from the virus, will be seen as the 21st century version of bloodletting. As the epidemiologist Martin Kulldorff has observed, public health is not just about one disease, but all health outcomes. Apparently, in 2020, the authorities forgot this obvious truth.” ~ Jenin Younes & Kiley Holliday
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Inflationary Inflection Point or Temporary Blip?
“If bond yields cannot rise, the stock market will remain supported unless stagflation sets in. Should that transpire, the Fed will need to decide whether to ignore inflation and increase monetary stimulus, including the purchase of ETFs and common stock, in order to maintain full employment, or ‘hold’ and witness a politically unpalatable clearing of both the stock and bond market.” ~ Colin Lloyd
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