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“When any person harbors hatred, their own humanity is destroyed. In Grossman’s words, ‘looking at his victim as other than human, he ceases to be human himself. He executes the human being inside his own self; he is his own executioner.’” ~ Barry BrownsteinREAD MORE
“Weekly initial claims have trended slightly higher recently but continue to suggest a very tight labor market. The Russian invasion of Ukraine, renewed lockdowns in China, sustained elevated price increases, and a new Fed tightening cycle remain risks to the outlook.” ~ Robert HughesREAD MORE
“AIER’s Leading Indicators Index fell eight points to a below-neutral 46 in April. Rising prices, a new Fed tightening cycle, the Russian invasion of Ukraine, and new lockdowns in China are risks to the economic outlook. Caution is warranted.” ~ Robert HughesREAD MORE
“Last month, I joined Caleb Brown on the Cato Daily Podcast. We discussed how inflation—and our understanding of inflation—evolved over the last year, when the Fed should have moved on inflation, and how much grace the Fed deserves when we evaluate its monumental miss.” ~ William J. LutherREAD MORE
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