Review the latest Weekly Headings by CIO Larry Adam.
The lights are on and the stadiums are packed which means football is finally back! While the college season has already started, our defending champions from Tampa Bay kicked off the start of the professional league in last night’s thrilling come from behind victory. Whether it be the crowd noise, tailgating, or the excitement of live sports, signs of normality continue to grow as inoculations increase. In addition to football, this fall will be eventful for our team of monetary policymakers at the Federal Reserve. Quarterbacked by Chairman Powell, the Fed will draft its route to easing its accommodative stance now that the economic recovery has put some points on the scoreboard. While there are still some yards to cover before maximum employment is achieved, we expect the opening play will be announcing tapering at the November meeting and starting the reduction of purchases in December.
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