Economic Insights
Briefings
2022 is finally behind us. It was definitely unpleasant for most of us, but there were several positives. Most important was the fact that economic forces largely rid financial markets of the speculative excesses built up from years of monetary policy stimulus. Until then, near-zero interest rates and the steady drip of liquidity fueled risk asset prices and this became a “new normal” for a generation of investors.This content is for BUSINESS BRIEFINGS members only.
2022 is finally behind us. It was definitely unpleasant for most of us, but there were several positives. Most important was the fact that economic forces largely rid financial markets of the speculative excesses built up from years of monetary policy stimulus. Until then, near-zero interest rates and the steady drip of liquidity fueled risk asset prices and this became a “new normal” for a generation of investors.