Articles authored by Sonu Varghese
Why the Inflation Reduction Act Isn’t Really About Inflation and Other Questions Answered
The largest deficit reduction bill since 2011 has crossed the finish line. President Biden signed the Inflation Reduction Act into law August 16, and despite its name, it’s not expected to impact inflation in a meaningful way, particularly over the short term. Rather, it addresses the energy sector, taxes and health care costs, and signifies …
Recession? Not if You Look at Industrial Activity
Whether we are in a recession is top of mind right now, with good reason as Americans experience the highest inflation in four decades. Not to mention the fact that we just got two consecutive quarters of negative GDP growth, which, on the face of it, appears to be an open and shut case that …