Headlines from Across the MAP
Sep 16, 2021For decades, Americans have enjoyed falling prices for cars, electronics and furniture. Until the Covid-19 pandemic, that is. For the past year, prices for durable goods have been rising—and not just by a little. Whether those prices come back down is a key part of the puzzle facing the Federal Reserve as it plots how to handle an unexpectedly strong burst of inflation.
- The Wall Street Journal: "Short-Lasting Inflation Depends on Long-Lasting Goods"
- Markets Insider: "Mohamed El-Erian says supply-chain disruptions around the world may last a couple of years - and bring 1970s-style stagflationary headwinds to the global economy"
- Markets Insider: "Europe's record-high gas and electricity prices are a taste of what's in store for global commodity markets, Goldman Sachs says"
- South China Morning Post: "State media warn of ‘huge bubble’ in NFT as cryptocurrencies lose steam in China"
- MarketWatch: "Scientists potty train cows to use ‘MooLoo’ to help the environment"
- CNBC: "Lab-grown woolly mammoths could walk the Earth in six years if geneticist’s new start-up succeeds"
- Seeking Alpha: "Elizabeth Warren asks Fed to end Wells Fargo's key operating license: NY Times"
- Markets Insider: "The bus driver shortage is so bad that 250 National Guard members were activated to drive students to class in Massachusetts"
- Markets Insider: "The SEC could prohibit trading of 270 Chinese companies by 2024 unless they open their books for auditing, Gensler says"
- The Wall Street Journal: "Census Figures Show Americans’ Incomes Fell in 2020"
- The Wall Street Journal: "What’s Your Raise Really Worth? Inflation Has Something to Say About It"
- The Wall Street Journal: "Democratic Tax Proposal Takes Aim at ETFs"
- Slate: "The Megadrought Is Forcing Ranchers to Slaughter Far More Animals"
