Enduring the Turmoil
“It is tough to make predictions, especially about the future” Yogi Berra, Yankee Hall of Famer. _____________________ Near Term Turbulence Several actions and effects are driving national and global economic rebalancing: The War in Ukraine has globally displaced over 10% of petroleum and 20% of food supplies creating shortages and imbalances worldwide These global shortages are reducing GDP and driving annual price inflation in some cases 10%; Central banks are generally rev