Your Money

Don't worry...it's all under control. Actually, I think the real quote uses the word "transitory."

Of course, I am referring to the Federal Reserve's monetary policy and its outlook on inflation. More specifically, Jerome Powell and his testimony to Congress. At PWM, we believe they are underestimating the non-transitory effects of their policy and have begun positioning portfolios for hotter-than-expected inflation and sooner-than-expected rate increases.

Here is a great video summarizing the reasons why:
Inflation is NOT transitory
by Brian Wesbury

Your Life

Sure there was anxiety as COVID-19 slammed into all our lives. However, living in fear and caution for almost 2 years has also caused anxiety in the re-entry back into “normal” everyday life. Here are tips to handle those anxieties that include calming your brain, setting boundaries, becoming optimistic, and not returning to the frantic, busy life pre-COVID-19.

We can pull good lessons learned from our months and months of isolation, as we reflect on our life before the pandemic shut it down.

How to Handle Your Re-Entry Anxiety as the Pandemic Recedes
by Elizabeth Bernstein

Complexity Simplified

Trivia