December 8—Employees and job-seekers are very much in the driver’s seat in today’s high-demand low-supply labor market—a severe issue punctuated by the November jobs report. And the labor participation rate remains a critical factor in trying to dimension the long-term trajectory of markets and inflation.
December 1, 2021 – Fears around the newest COVID-19 variant, Omicron, have jolted investors out of a holiday lull, sending risk assets lower, bond prices higher, and whipsawing expectations for future Fed policy. We see the Omicron variant as widening the range of possible economic and market outcomes over the next three to six months.
November 3—Blockchain, the brains behind cryptocurrencies, is a concept that once seemed like the stuff of science fiction. But there is much more that blockchain can do beyond supporting digital currency. It is the building block (pun intended) of programmable ledgers that will define the way forward for complex digital financial transactions. CIO Tony Roth explores blockchain’s vast potential with Paul Brody, EY Global Blockchain Leader.