Executive Summary
Act III of COVID: Navigating the Crosscurrents of Post-Inflation
2022 ushered in Act III of the market’s latest transitionary period: The Post-Inflation Era. Since 2008, the US economy functioned with remarkably low inflation and interest rates. As the cost of capital went lower and lower during the decade, valuations steadily rose. Between 2010 and 2020, the NASDAQ experienced a 17.1% annual growth rate, with no small share of the growth a result of expanding valuation
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Chief Justice John Roberts
Breaking News: Supreme Court Upholds ACA
The United States Supreme Court upheld the Affordable Care Act (ACA) by a 5-4 vote, ruling that the individual mandate qualifies as a tax. Chief Justice John Roberts, who was the deciding vote that deemed the mandate constitutional according to Bloomberg Law’s SCOTUS Blog. The cornerstone of the controversial individual mandate would require most Americans to carry health insurance or pay a penalty. After the ruling, SCOTUS blog watchers stated, "The bottom line: the entire ACA is upheld, with
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