Lawry Knopp, VP-Funding & Hedging
Welcome to the economic update posted quarterly by Northwest FCS' Lawry Knopp, Vice President-Funding and Hedging.
The primary factors impacting markets include economic fundamentals (growth, inflation and employment), fiscal and monetary policy and COVID-19 developments.
Currently, three factors are exerting significant influence on the markets: monetary policy, the runup in inflation and fiscal policy.
Longer-term U.S. Treasury yields are up nearly 100 basis points over the past six months, while the major U.S. equity indexes have set multiple record highs.