That's a question investors should be thinking about as record numbers of Americans quit their jobs and create a big problem for many employers.
Developer debt, coal shortages, power outages and record flooding mean "common prosperity" may be harder to achieve than President Xi thinks.
The lack of urgency at the FDA, as it is in the defense space, is alarming.
Bears always sound smarter than bulls. Pessimism sounds profound and insightful, while optimism sounds shallow and naive.
From higher apartment rental rates to ongoing supply chain issues, there are reasons to believe rising prices are anything but transitory.
Still, my favorite financial name at the moment is SoFi Technology as I believe that they have all of these banks in their sights.
The real issue is that they don't know and are just hoping that "inflation is transitory".
CPI, Fed minutes, and earnings are hitting today as the market continues to struggle with corrective action.
What OPEC and markets are not set up for is pure demand destruction.
The virus may not dominate the headlines at this point, but its impact continues to be felt on the employment and economic fronts.