Economic Insights
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2022 will be remembered as the year of crises. Stocks have been in a deep correction mode all year. Russia invaded Ukraine in February disrupting supplies of energy, food and other raw materials. China faces a housing and debt crisis potentially a dozen times bigger than the U.S. subprime crisis, while continuing to deal with rolling-shutdowns related to COVID-19. To distract from these crises, China threatens Taiwan.....
2022 will be remembered as the year of crises. Stocks have been in a deep correction mode all year. Russia invaded Ukraine in February disrupting supplies of energy, food and other raw materials. China faces a housing and debt crisis potentially a dozen times bigger than the U.S. subprime crisis, while continuing to deal with rolling-shutdowns related to COVID-19. To distract from these crises, China threatens Taiwan.....
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