Posted
on 11/2/2022 3:10:09 PM
The reigniting of inflation to its highest levels in over four decades has been the catalyst
for the dramatic sell-off in stock and bond markets for the past year. Inflationary pressures
began building in early 2021 as the result of several factors: revived consumer demand in the
aftermath of the COVID shutdowns; supply chain disruptions from multiple sources; and the
excessive monetary and fiscal stimulus from multiple COVID rescue plans implemented by
the Federal Reserve and the Federal government.
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