News Snapshot:
The twenty-second year of the 21st Century (or 23rd year, depending upon how you count) ended to mixed reviews. The pandemic is rising for yet another encore. The stock market logged its worst performance in 14 years. And layoffs continue to climb as employers brace for a possible recession. On the bright side, signs appear to be increasing that the Fed's inflation strategy is having an impact. Prices for oil and gasoline, as well as used cars and other items, are receding. That all points to a possible shortening of the interest rate-hike cycle, and gives reasonable cause for optimism...