The ‘Now’ Zeitgeist

A pair of macro notables served as a reminder that however close we may be to turning any corners, the "now" zeitgeist, if you will, remains inflation and policy tightening. Consumer prices in the UK rose 10.1% last month (figure below), ONS said Wednesday. It was a dubious milestone. Inflation hasn't exceeded 10% in the UK in four decades. Wednesday's figures suggested prices are accelerating faster than economists anticipated, which is saying something considering double-digit inflation was
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4 thoughts on “The ‘Now’ Zeitgeist

  1. H can add a lighted daily Fed rate increase decrease odds tracker frame to his classic dystopian cold, wet, and gray street scene from years ago…that image remains embedded in my thoughts and memory as we navigate our current world and reality…

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