Monday, November 15, 2021

Notations On Our World (Weekly Edition): Out & About in Our World....


As a new week is before us, our team decided to headline our weekly Notation with a thought that struck a chord with us on what drives our continued journey of service.

It has also been a challenging week throughout the world.   In the United States, inflation has reared its' ugly head, the Infrastructure Bill (Part of President Biden's Build Back Better Agenda) is due to be signed into law, President Biden's Approval continues to plummet as Mid Terms Loom with former PResident Trump continuing to exert influence.   As we went to press, the US Circuit Court of Appeals for the 5th Circuit found the Biden Admisntration mask mandate to be unconstitutional.    We continue to observe ships lined in here in Southern California as they wait to unload their cargo in the Ports of Los Angeles and Long Beach that underscores a challenging Supply Chain problem as the holidays loom.

Beyond the US, our team reviewed the latest Goldman Sachs global growth report (here noted in our Weekly notation) reflecting the challenge of a post-covid world.   We also have been how Europe is struggling to contain another COVID wave as Russia hardball over gas and as a looming refugee crisis with Belarus looms.   Austria will be ordering a major lockdown today.

We have also continued to assess ongoing challenges in the Middle East with the Aban Tribunal on the 2019 killings in Iran, the hostage diplomacy Iran undertaken exemplified by the continued detention of Nazanin Zargari-Radcliffe (whose husband just concluded a 21-Day Hunger Strike),  as Iraq continues to grapple with the aftermath of the attempted assassination of Prime Minister Al Kazemi.  We have also been assessing Pakistan (as inflation rages on and protest again Imran Khan rages) and the ongoing challenges in Afghanistan.       

We have also been assessing the looming challenges in Africa as Libyan Elections loom (with the indicted son of the Ex-Dictator Ghadaffi running for President), the chaos in Nigeria, and the ongoing Islamic insurgency in the Sahel region.   We have also been assessing the latest out of Tunisia as the President has seized all power.  It is important to note that Tunisia is where the Arab Spring of 2009 began.    There is also Ethiopia as famine looms in light of the disastrous war the Ethiopian Prime Minister launched against the Tigray People that threatens the fragile unity of Ethiopia.    We have also been assessing the latest out of Asia as President XI of China looks to cement his power and as the son of the Ex-Dictator of the Philippines--A current senator--is running along with the daughter of the current President.    Lastly, there is the looming election in Nicaragua as Daniel Ortega is set to win another term to cement his family's hold on power while all his opponents are either in jail or exile.

Challenging Times Indeed.....

Coming off a year of surging global growth and inflation, Goldman Sachs Research expects 2022 to be broadly defined by more moderate expansion and normalizing monetary policy as the world navigates the next leg of an unusual pandemic recovery. Our economists now see the Federal Reserve responding to above-target inflation with the first interest rate hike in mid-2022, joining several advanced and emerging economies that will already be well into their tightening cycles at that point. In China, the property market is likely to soften further, and macro policy looks set to ease only modestly, with policymakers doing just enough to stem major downside risks but stopping short of the level of easing in prior cycles. The combination of comparatively sluggish growth in China, a rebound in India, solid growth in Russia, and near-term acceleration in advanced economies should lead to another strong year of global expansion, with real GDP likely to rise 4.5%.

Passing the buck

Pricing power is highly prized on Wall Street

At the moment there is a glut



→ Read more: America Inc and the shortage economy

Medicine and identity

Portrait of a detransitioner as a young woman

Carol has been a woman, a man and is a woman again. Her story has lessons for trans medicine


Glenn Youngkin and Ivy League populism

Virginia’s governor-elect is the latest Republican culture warrior with an expensive education

Johnson the muggle

Bungling, lying and sleaze catch up with Britain’s government

Boris Johnson’s latest missteps are the most serious yet

No comments:

Post a Comment