This Week's State Of The Economy - What Is Ahead? - 24 September 2021

By: Taro Chellaram /Wells Fargo Economics & Financial Report/Oct 10, 2021

This Week's State Of The Economy - What Is Ahead? - 24 September 2021

While fears of an Evergrande default in China were rattling financial markets, for those of us in Southeast Texas who have survived the typically very hot months of July, August and September, this week brought the very welcome first early fall-like temperatures.  Not quite leaf-color changing or morning frost weather yet, but pleasant temperatures and much lower humidity.  The type of weather that hints at the relief to come.  In much the same way, this week’s FOMC meeting hinted at a forthcoming taper of bond purchases, reflecting their view that the outlook for economic growth for the balance of the year remains bright.




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