The Long, Hot Summer; Fritz Meyer, June 2022, Financial Economic Update

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Data focus on reconciling the competing issues of the baseline for inflation and the prospects for its eventual taming. Remains to be seen whether this will come about. There is also a political overhang that cannot be overlooked since the impetus of the current administration to spend or tax its way out of the present problem is a problem in itself, since its premise is faulty. That aspect plays into the uncertainty of whether economic performance alone will overcome the present financial crisis.

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