ACTV - Phillips Curve: Covid Shock Is Over
2024-03-05 13:05:00 ET
Summary
- We believe that the effects of Covid on the economy and financial markets are diminishing, and we believe that the Phillips curve is supporting this.
- Will history repeat in the second half of this decade as the initial Covid shock subsides but lingering effects continue? Time will tell.
- My takeaway is that the initial shock and its results are pretty easy to see.
We believe that the effects of Covid on the economy and financial markets are diminishing. And we believe that the Phillips curve (which represents the trade-off between inflation and unemployment) is supporting this....
Phillips Curve: Covid Shock Is Over